Omega Healthcare Investors, Inc. $OHI Shares Acquired by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors LP has increased its stake in Omega Healthcare Investors by 4.3%, now owning 4,058,107 shares valued at approximately $154.5 million.
• The company recently announced a quarterly dividend of $0.67 per share, resulting in an annualized dividend of $2.68 and a yield of 6.4%.
• Analysts' ratings for Omega Healthcare Investors show a mix of buy and hold ratings, with an average price target of $42.00, up from prior estimates.

Dimensional Fund Advisors LP lifted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 4.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,058,107 shares of the real estate investment trust's stock after purchasing an additional 165,554 shares during the period. Dimensional Fund Advisors LP owned about 1.40% of Omega Healthcare Investors worth $154,533,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of OHI. NBC Securities Inc. bought a new position in Omega Healthcare Investors during the 1st quarter worth approximately $29,000. Dunhill Financial LLC lifted its stake 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 worth $57,000 after purchasing an additional 750 shares during the last quarter. CoreCap Advisors LLC lifted its stake 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 worth $60,000 after purchasing an additional 1,009 shares during the last quarter. Park Square Financial Group LLC acquired a new position in Omega Healthcare Investors in the fourth quarter worth $61,000. Finally, UMB Bank n.a. increased its stake 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 during the last quarter. 65.25% of the stock is owned by institutional investors.

Analyst Ratings Changes

OHI has been the topic of a number of recent research reports. Wells Fargo & Company upgraded shares of Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $38.00 to $41.00 in a research report on Monday, July 14th. Royal Bank Of Canada increased their price objective on shares of Omega Healthcare Investors from $39.00 to $41.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 7th. Four investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $42.00.

Omega Healthcare Investors Stock Performance

Shares of OHI opened at $41.8260 on Thursday. The firm has a fifty day moving average of $38.29 and a 200-day moving average of $37.55. The company has a market cap of $12.34 billion, a price-to-earnings ratio of 25.82, a price-to-earnings-growth ratio of 2.85 and a beta of 0.66. The company has a debt-to-equity ratio of 0.96, a quick ratio of 7.10 and a current ratio of 7.10. Omega Healthcare Investors, Inc. has a 1 year low of $35.04 and a 1 year high of $44.42.

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

Omega Healthcare Investors Announces Dividend

The firm also recently disclosed 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. The ex-dividend date was Monday, August 4th. This represents a $2.68 annualized dividend and a dividend yield of 6.4%. Omega Healthcare Investors's payout ratio is currently 165.43%.

Insider Transactions at Omega Healthcare Investors

In related news, Director Lisa Egbuonu-Davis sold 2,500 shares of Omega Healthcare Investors 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 sale, the director directly owned 18,654 shares in the company, valued at $749,144.64. The trade was 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 available through the SEC website. Company insiders own 1.50% of the company's stock.

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.

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