Kera Capital Partners Inc. Invests $245,000 in Omega Healthcare Investors, Inc. $OHI

Key Points

• Kera Capital Partners Inc. invested $245,000 in Omega Healthcare Investors, acquiring 6,680 shares during the second quarter.
• Institutional investors and hedge funds collectively own 65.25% of Omega Healthcare's stock, with significant increases in holdings reported by AQR Capital Management and Vanguard Group.
• Omega Healthcare has set its FY 2025 guidance at 3.040-3.070 EPS and recently paid a quarterly dividend of $0.67 per share, representing a 6.3% yield.

Kera Capital Partners Inc. acquired a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,680 shares of the real estate investment trust's stock, valued at approximately $245,000.

Several other hedge funds have also made changes to their positions in OHI. AQR Capital Management LLC boosted its holdings in shares of Omega Healthcare Investors by 430.8% during the first quarter. AQR Capital Management LLC now owns 2,862,117 shares of the real estate investment trust's stock worth $108,989,000 after purchasing an additional 2,322,878 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Omega Healthcare Investors by 3.9% during the first quarter. Vanguard Group Inc. now owns 39,554,886 shares of the real estate investment trust's stock worth $1,506,250,000 after purchasing an additional 1,492,904 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Omega Healthcare Investors by 122.3% during the first quarter. Invesco Ltd. now owns 2,416,560 shares of the real estate investment trust's stock worth $92,023,000 after purchasing an additional 1,329,324 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Omega Healthcare Investors during the first quarter worth $42,513,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of Omega Healthcare Investors by 556.1% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,028,187 shares of the real estate investment trust's stock worth $39,143,000 after purchasing an additional 871,472 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company's stock.

Insider Activity

In other news, Director Lisa Egbuonu-Davis sold 2,500 shares of Omega Healthcare Investors stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $40.16, for a total transaction of $100,400.00. Following the sale, the director directly owned 18,654 shares of the company's stock, valued at approximately $749,144.64. The trade was a 11.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.50% of the company's stock.

Analyst Upgrades and Downgrades

OHI has been the topic of a number of research analyst reports. Raymond James Financial reiterated an "outperform" rating on shares of Omega Healthcare Investors in a report on Tuesday, September 2nd. Royal Bank Of Canada lifted their target price on Omega Healthcare Investors from $39.00 to $41.00 and gave the company a "sector perform" rating in a report on Thursday, August 7th. Wells Fargo & Company lifted their target price on Omega Healthcare Investors from $41.00 to $44.00 and gave the company an "overweight" rating in a report on Wednesday, August 27th. Mizuho lifted their target price on Omega Healthcare Investors from $37.00 to $40.00 and gave the company a "neutral" rating in a report on Thursday. Finally, Truist Financial lifted their target price on Omega Healthcare Investors from $39.00 to $44.00 and gave the company a "hold" rating in a report on Wednesday, September 3rd. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $43.75.

Omega Healthcare Investors Trading Down 0.0%

NYSE:OHI opened at $42.49 on Monday. The business's 50-day moving average is $40.26 and its two-hundred day moving average is $38.25. The company has a debt-to-equity ratio of 0.96, a current ratio of 7.10 and a quick ratio of 7.10. Omega Healthcare Investors, Inc. has a 12 month low of $35.04 and a 12 month high of $44.42. The firm has a market capitalization of $12.53 billion, a PE ratio of 26.23, a price-to-earnings-growth ratio of 2.22 and a beta of 0.71.

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

Omega Healthcare Investors Dividend Announcement

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

About Omega Healthcare Investors

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.

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