Omega Healthcare Investors, Inc. $OHI Holdings Increased by California State Teachers Retirement System

Key Points

• California State Teachers Retirement System increased its Omega Healthcare Investors stake by 20.1% in the first quarter to 345,843 shares valued at approximately $15.2 million. Institutional investors collectively own 65.25% of the REIT.
• Omega Healthcare Investors reported quarterly EPS of $1.19, well above the $0.51 analyst consensus, while revenue rose 16.2% year over year to $328.25 million.
• The company raised its quarterly dividend to $0.68 per share, representing a $2.72 annualized payout and a 5.4% yield. Analysts have a consensus “Hold” rating with an average price target of $48.79.

California State Teachers Retirement System lifted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 20.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 345,843 shares of the real estate investment trust's stock after acquiring an additional 57,986 shares during the period. California State Teachers Retirement System owned 0.12% of Omega Healthcare Investors worth $15,155,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. BNP Paribas Financial Markets grew its holdings in Omega Healthcare Investors by 91.9% during the fourth quarter. BNP Paribas Financial Markets now owns 389,305 shares of the real estate investment trust's stock worth $17,262,000 after acquiring an additional 186,399 shares during the period. CPC Advisors LLC acquired a new stake in Omega Healthcare Investors in the 4th quarter valued at about $3,050,000. Oxbow Advisors LLC acquired a new stake in Omega Healthcare Investors in the 1st quarter valued at about $7,373,000. BOKF NA lifted its holdings in Omega Healthcare Investors by 51.8% in the 4th quarter. BOKF NA now owns 189,095 shares of the real estate investment trust's stock valued at $8,384,000 after acquiring an additional 64,539 shares during the last quarter. Finally, Burney Co. boosted its position in shares of Omega Healthcare Investors by 23.9% during the 4th quarter. Burney Co. now owns 313,680 shares of the real estate investment trust's stock valued at $13,909,000 after purchasing an additional 60,539 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Stock Up 0.3%

Shares of NYSE:OHI opened at $50.80 on Monday. The company's fifty day moving average is $47.75 and its two-hundred day moving average is $46.68. Omega Healthcare Investors, Inc. has a 12-month low of $38.71 and a 12-month high of $52.39. The company has a market cap of $15.13 billion, a P/E ratio of 18.14, a price-to-earnings-growth ratio of 2.16 and a beta of 0.57.

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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.51 by $0.68. The company had revenue of $328.25 million during the quarter, compared to analyst estimates of $266.97 million. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The company's revenue for the quarter was up 16.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.77 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. Equities research analysts anticipate that Omega Healthcare Investors, Inc. will post 3.09 earnings per share for the current year.

Omega Healthcare Investors Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 3rd will be paid a $0.68 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $2.72 annualized dividend and a yield of 5.4%. This is an increase from Omega Healthcare Investors's previous quarterly dividend of $0.67. Omega Healthcare Investors's dividend payout ratio (DPR) is currently 95.71%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Raymond James Financial assumed coverage on shares of Omega Healthcare Investors in a research note on Tuesday, June 16th. They issued an "outperform" rating and a $50.00 price objective on the stock. Truist Financial cut their target price on shares of Omega Healthcare Investors from $48.00 to $46.00 and set a "hold" rating for the company in a research note on Tuesday, June 9th. UBS Group set a $47.00 target price on shares of Omega Healthcare Investors in a report on Thursday, June 18th. Weiss Ratings upgraded shares of Omega Healthcare Investors from a "buy (b)" rating to a "buy (b+)" rating in a research report on Tuesday, June 30th. Finally, Barclays started coverage on Omega Healthcare Investors in a report on Tuesday, July 7th. They issued an "underweight" rating and a $51.00 price target on the stock. Five equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $48.79.

Omega Healthcare Investors Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company's core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.