NewEdge Advisors LLC Acquires 90,623 Shares of Omega Healthcare Investors, Inc. $OHI

Key Points

• NewEdge Advisors LLC increased its Omega Healthcare Investors stake by 150.6% in the second quarter, acquiring 90,623 additional shares for a total holding of 150,813 shares valued at approximately $7.2 million. Institutional investors own 65.25% of OHI.
• Analyst sentiment remains mixed, with six Buy, seven Hold, and two Sell ratings. The consensus rating is Hold, with an average price target of $49.50.
• Omega reported quarterly revenue of $328.25 million and EPS of $1.19, exceeding analyst estimates. The company also raised its quarterly dividend to $0.68, equivalent to an annualized $2.72 payout and a 5.8% yield.

NewEdge Advisors LLC raised its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 150.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 150,813 shares of the real estate investment trust's stock after buying an additional 90,623 shares during the period. NewEdge Advisors LLC's holdings in Omega Healthcare Investors were worth $7,191,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of OHI. Resources Management Corp CT ADV increased its stake in Omega Healthcare Investors by 300.0% in the 4th quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust's stock worth $27,000 after purchasing an additional 450 shares during the period. Ascentis Independent Advisors purchased a new stake in shares of Omega Healthcare Investors during the first quarter valued at approximately $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Omega Healthcare Investors during the fourth quarter valued at approximately $37,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Omega Healthcare Investors by 53.3% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 906 shares of the real estate investment trust's stock worth $43,000 after purchasing an additional 315 shares during the last quarter. Finally, Elevation Wealth Partners LLC grew its holdings in shares of Omega Healthcare Investors by 645.2% in the second quarter. Elevation Wealth Partners LLC now owns 924 shares of the real estate investment trust's stock worth $44,000 after purchasing an additional 800 shares during the last quarter. 65.25% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Scotiabank cut their price target on shares of Omega Healthcare Investors from $50.00 to $47.00 and set a "sector perform" rating on the stock in a report on Thursday, June 18th. Cantor Fitzgerald raised their target price on Omega Healthcare Investors from $52.00 to $56.00 and gave the stock an "overweight" rating in a research note on Friday, July 31st. Truist Financial reduced their price target on Omega Healthcare Investors from $48.00 to $46.00 and set a "hold" rating on the stock in a report on Tuesday, June 9th. Barclays lowered their price target on Omega Healthcare Investors from $51.00 to $50.00 and set an "underweight" rating for the company in a research report on Monday, August 31st. Finally, Mizuho lifted their price objective on Omega Healthcare Investors from $45.00 to $46.00 and gave the stock a "neutral" rating in a research report on Monday, August 31st. Six research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $49.50.

Omega Healthcare Investors Stock Performance

OHI stock opened at $46.97 on Monday. Omega Healthcare Investors, Inc. has a fifty-two week low of $39.26 and a fifty-two week high of $52.39. The business's 50 day moving average price is $48.15 and its two-hundred day moving average price is $47.09. The company has a market capitalization of $14.23 billion, a price-to-earnings ratio of 16.78, a price-to-earnings-growth ratio of 1.90 and a beta of 0.58.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.68. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The company had revenue of $328.25 million during the quarter, compared to analysts' expectations of $266.97 million. During the same quarter last year, the business posted $0.77 EPS. The firm's revenue for the quarter was up 16.2% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. Sell-side analysts forecast that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current year.

Omega Healthcare Investors Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 5.8%. This is a positive change from Omega Healthcare Investors's previous quarterly dividend of $0.67. The ex-dividend date was Monday, August 3rd. Omega Healthcare Investors's dividend payout ratio is currently 97.14%.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc NYSE: OHI is a real estate investment trust focused on the healthcare sector. The company owns and leases healthcare-related real estate, with an emphasis on facilities that provide long-term and post-acute care.

Omega's portfolio is primarily made up of skilled nursing facilities and assisted living facilities. It generally leases these properties to healthcare operators under long-term, often triple-net lease arrangements, under which tenants are typically responsible for property-level expenses such as maintenance, insurance and taxes.

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