Sivia Capital Partners LLC Takes Position in Omega Healthcare Investors, Inc. $OHI

Key Points

• Sivia Capital Partners LLC acquired a new stake in Omega Healthcare Investors, buying 7,015 shares valued at approximately $257,000.
• Analysts have raised price targets for Omega Healthcare Investors, with an average target now at $43.75 and mixed ratings among research firms indicating a cautious outlook.
• The company declared a quarterly dividend of $0.67 per share, reflecting an annualized yield of 6.5%, despite a high payout ratio of 165.43%.

Sivia Capital Partners LLC bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,015 shares of the real estate investment trust's stock, valued at approximately $257,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. United Services Automobile Association increased its stake in Omega Healthcare Investors by 1.8% in the 1st quarter. United Services Automobile Association now owns 16,598 shares of the real estate investment trust's stock valued at $632,000 after buying an additional 291 shares during the last quarter. Optimum Investment Advisors increased its position in shares of Omega Healthcare Investors by 8.9% during the first quarter. Optimum Investment Advisors now owns 3,666 shares of the real estate investment trust's stock valued at $140,000 after acquiring an additional 300 shares during the last quarter. CreativeOne Wealth LLC increased its position in shares of Omega Healthcare Investors by 3.4% during the 1st quarter. CreativeOne Wealth LLC now owns 9,487 shares of the real estate investment trust's stock valued at $361,000 after purchasing an additional 310 shares during the last quarter. Values First Advisors Inc. increased its position 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 valued at $750,000 after purchasing an additional 314 shares during the last quarter. Finally, QRG Capital Management Inc. increased its position in shares of Omega Healthcare Investors by 0.5% during the 1st quarter. QRG Capital Management Inc. now owns 69,499 shares of the real estate investment trust's stock valued at $2,647,000 after purchasing an additional 341 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on OHI. Mizuho raised their price objective on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the stock a "neutral" rating in a report on Thursday, September 11th. Wells Fargo & Company raised their price target on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 27th. Royal Bank Of Canada raised their price target 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. Truist Financial raised their price target on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the stock a "hold" rating in a research note on Wednesday, September 3rd. Finally, Scotiabank raised their target price on Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a "sector perform" rating in a research report on Thursday, August 28th. Five research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $43.75.

Insiders Place Their Bets

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of Omega Healthcare Investors stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $40.16, for a total transaction of $100,400.00. Following the completion of the transaction, the director owned 18,654 shares of the company's stock, valued at $749,144.64. The trade was a 11.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.50% of the stock is owned by insiders.

Omega Healthcare Investors Stock Down 0.7%

Omega Healthcare Investors stock opened at $41.45 on Friday. Omega Healthcare Investors, Inc. has a 1-year low of $35.04 and a 1-year high of $44.42. The firm has a market capitalization of $12.23 billion, a price-to-earnings ratio of 25.58, a P/E/G ratio of 2.19 and a beta of 0.71. 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 firm has a 50 day simple moving average of $40.78 and a 200 day simple moving average of $38.40.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.32. The business had revenue of $235.60 million during the quarter, compared to analyst estimates 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 revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.71 EPS. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. On average, analysts predict 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 dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend was Monday, August 4th. Omega Healthcare Investors's payout ratio is presently 165.43%.

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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