Fox Run Management L.L.C. Lowers Position in Omega Healthcare Investors, Inc. $OHI

Key Points

• Fox Run Management L.L.C. reduced its stake in Omega Healthcare Investors by 53%, selling 16,593 shares and holding 14,743 shares worth approximately $561,000.
• The company reported a quarterly earnings per share of $0.77, exceeding expectations, while its revenue was $235.60 million, below analyst estimates.
• Omega Healthcare Investors declared a quarterly dividend of $0.67, yielding 6.4%, with a current dividend payout ratio of 165.43%.

Fox Run Management L.L.C. trimmed its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 53.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,743 shares of the real estate investment trust's stock after selling 16,593 shares during the quarter. Fox Run Management L.L.C.'s holdings in Omega Healthcare Investors were worth $561,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Optimum Investment Advisors raised its stake in shares of Omega Healthcare Investors by 8.9% during the 1st quarter. Optimum Investment Advisors now owns 3,666 shares of the real estate investment trust's stock worth $140,000 after buying an additional 300 shares during the period. Values First Advisors Inc. raised its stake in shares of Omega Healthcare Investors by 1.6% during the 1st quarter. Values First Advisors Inc. now owns 19,692 shares of the real estate investment trust's stock worth $750,000 after buying an additional 314 shares during the period. Coppell Advisory Solutions LLC raised its stake in shares of Omega Healthcare Investors by 3.4% during the 4th quarter. Coppell Advisory Solutions LLC now owns 10,280 shares of the real estate investment trust's stock worth $386,000 after buying an additional 335 shares during the period. QRG Capital Management Inc. increased its position in shares of Omega Healthcare Investors by 0.5% during the first quarter. QRG Capital Management Inc. now owns 69,499 shares of the real estate investment trust's stock worth $2,647,000 after purchasing an additional 341 shares in the last quarter. Finally, Baird Financial Group Inc. increased its position in shares of Omega Healthcare Investors by 0.8% during the fourth quarter. Baird Financial Group Inc. now owns 50,492 shares of the real estate investment trust's stock worth $1,911,000 after purchasing an additional 380 shares in the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on the company. Royal Bank Of Canada boosted their price target on Omega Healthcare Investors from $39.00 to $41.00 and gave the stock a "sector perform" rating in a research report on Thursday, August 7th. Wells Fargo & Company upgraded Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and boosted their price target for the stock from $38.00 to $41.00 in a research report on Monday, July 14th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $42.00.

Omega Healthcare Investors Trading Down 0.4%

NYSE:OHI traded down $0.16 during trading hours on Friday, hitting $42.20. The company had a trading volume of 1,505,971 shares, compared to its average volume of 2,310,337. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.96. The company has a 50-day moving average of $38.50 and a 200 day moving average of $37.61. The company has a market cap of $12.45 billion, a P/E ratio of 26.05, a P/E/G ratio of 2.24 and a beta of 0.66. 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 earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.32. The company had revenue of $235.60 million during the quarter, compared to analysts' expectations of $248.49 million. Omega Healthcare Investors had a return on equity of 9.78% and a net margin of 42.23%.The firm's quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.71 EPS. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. Sell-side analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Monday, August 4th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 6.4%. The ex-dividend date was Monday, August 4th. Omega Healthcare Investors's dividend payout ratio is presently 165.43%.

Insider Transactions at Omega Healthcare Investors

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of the company's stock in a transaction on Friday, August 8th. The stock was sold at an average price of $40.16, for a total value of $100,400.00. Following the completion of 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is currently owned by 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.