Jump Financial LLC Takes $4.17 Million Position in Omega Healthcare Investors, Inc. $OHI

Key Points

• Jump Financial LLC has acquired a new stake in Omega Healthcare Investors, purchasing 109,485 shares valued at approximately $4.17 million.
• Omega Healthcare Investors recently reported earnings of $0.77 per share, exceeding analysts' expectations and showing an 11.8% year-over-year revenue increase.
• The company declared a quarterly dividend of $0.67 per share, with a current dividend yield of 6.4% and a payout ratio of 165.43%.

Jump Financial LLC acquired a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 109,485 shares of the real estate investment trust's stock, valued at approximately $4,169,000.

Several other institutional investors have also added to or reduced their stakes in OHI. NBC Securities Inc. acquired a new position in Omega Healthcare Investors during the first quarter valued at approximately $29,000. Dunhill Financial LLC raised its position in Omega Healthcare Investors by 97.9% during the fourth quarter. Dunhill Financial LLC now owns 1,516 shares of the real estate investment trust's stock valued at $57,000 after purchasing an additional 750 shares in the last quarter. CoreCap Advisors LLC raised its position in Omega Healthcare Investors by 177.3% during the fourth quarter. CoreCap Advisors LLC now owns 1,578 shares of the real estate investment trust's stock valued at $60,000 after purchasing an additional 1,009 shares in the last quarter. Park Square Financial Group LLC acquired a new position in Omega Healthcare Investors during the fourth quarter valued at approximately $61,000. Finally, UMB Bank n.a. raised its position in Omega Healthcare Investors by 94.9% during the first quarter. UMB Bank n.a. now owns 2,175 shares of the real estate investment trust's stock valued at $83,000 after purchasing an additional 1,059 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Omega Healthcare Investors

In other news, Director Lisa Egbuonu-Davis sold 2,500 shares of the company's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $40.16, for a total transaction of $100,400.00. Following the transaction, the director owned 18,654 shares in the company, valued at approximately $749,144.64. This represents a 11.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.50% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Royal Bank Of Canada upped their price target on shares of Omega Healthcare Investors from $39.00 to $41.00 and gave the stock a "sector perform" rating in a report on Thursday, August 7th. Scotiabank boosted their price objective on shares of Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a "sector perform" rating in a research note on Thursday. Finally, Wells Fargo & Company boosted their price objective on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an "overweight" rating in a research note on Wednesday. Four investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Omega Healthcare Investors presently has a consensus rating of "Hold" and an average price target of $42.75.

Omega Healthcare Investors Trading Up 0.8%

OHI traded up $0.33 during trading on Friday, reaching $42.53. 1,771,023 shares of the stock traded hands, compared to its average volume of 2,147,722. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.96. The stock has a market capitalization of $12.55 billion, a PE ratio of 26.25, a P/E/G ratio of 2.26 and a beta of 0.71. The stock's 50-day moving average is $39.06 and its 200 day moving average is $37.80. Omega Healthcare Investors, Inc. has a 12 month low of $35.04 and a 12 month high of $44.42.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.32. The business had revenue of $235.60 million for the quarter, compared to analysts' expectations of $248.49 million. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The business's quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.71 earnings per share. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. Equities analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Monday, August 4th were issued a dividend of $0.67 per share. The ex-dividend date was Monday, August 4th. This represents a $2.68 annualized dividend and a dividend yield of 6.3%. Omega Healthcare Investors's dividend payout ratio is currently 165.43%.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.