Landscape Capital Management L.L.C. Purchases 22,847 Shares of Omega Healthcare Investors, Inc. $OHI

Key Points

• Landscape Capital Management increased its stake in Omega Healthcare Investors by 78.0%, owning 52,141 shares valued at approximately $1.986 million as of its latest SEC filing.
• Omega Healthcare reported $0.77 earnings per share (EPS) for the last quarter, surpassing estimates, with a year-over-year revenue increase of 11.8%.
• The company recently paid a quarterly dividend of $0.67 per share, resulting in an annualized dividend of $2.68 and a yield of 6.4%, though its payout ratio is currently high at 165.43%.

Landscape Capital Management L.L.C. increased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 78.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,141 shares of the real estate investment trust's stock after acquiring an additional 22,847 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in Omega Healthcare Investors were worth $1,986,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in 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 period. Invesco Ltd. lifted its stake in shares of Omega Healthcare Investors by 122.3% during the 1st quarter. Invesco Ltd. now owns 2,416,560 shares of the real estate investment trust's stock worth $92,023,000 after buying an additional 1,329,324 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Omega Healthcare Investors during the 1st quarter worth about $42,513,000. Northern Trust Corp boosted its holdings in shares of Omega Healthcare Investors by 49.4% during the 4th quarter. Northern Trust Corp now owns 3,274,793 shares of the real estate investment trust's stock worth $123,951,000 after buying an additional 1,083,326 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its stake in Omega Healthcare Investors by 556.1% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,028,187 shares of the real estate investment trust's stock valued at $39,143,000 after buying an additional 871,472 shares during the last quarter. Institutional investors own 65.25% of the company's stock.

Wall Street Analysts Forecast Growth

OHI has been the topic of several research analyst reports. Scotiabank increased their price target on shares of Omega Healthcare Investors from $39.00 to $42.00 and gave the company a "sector perform" rating in a report on Thursday. Royal Bank Of Canada increased their target price on 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. Finally, Wells Fargo & Company lifted their price target on Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an "overweight" rating in a report on Wednesday, August 27th. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Omega Healthcare Investors presently has a consensus rating of "Hold" and an average price target of $42.75.

Omega Healthcare Investors Price Performance

Shares of NYSE OHI traded up $0.33 during midday trading on Monday, reaching $42.53. The company's stock had a trading volume of 1,771,023 shares, compared to its average volume of 2,147,722. The company has a debt-to-equity ratio of 0.96, a quick ratio of 7.10 and a current ratio of 7.10. The company has a market cap of $12.55 billion, a P/E ratio of 26.25, a P/E/G ratio of 2.26 and a beta of 0.71. The business's 50 day moving average price is $39.16 and its two-hundred day moving average price is $37.85. Omega Healthcare Investors, Inc. has a fifty-two week low of $35.04 and a fifty-two week high of $44.42.

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

Omega Healthcare Investors Dividend Announcement

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

Insiders Place Their Bets

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of the 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. This represents a 11.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.50% of the stock is owned by corporate insiders.

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.