Swiss National Bank Raises Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Key Points

• The Swiss National Bank increased its stake in Omega Healthcare Investors by 3.1%, owning approximately $19.92 million worth of shares as of its latest SEC filing.
• Analyst ratings for Omega Healthcare show a consensus of "Hold" with a price target of $42.00, indicating mixed sentiments from five "hold" ratings and four "buy" ratings.
• Omega Healthcare Investors reported $0.77 EPS for its latest quarter, surpassing expectations of $0.45, with a revenue decrease compared to expectations but an increase from the previous year.

Swiss National Bank increased its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 3.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 523,000 shares of the real estate investment trust's stock after acquiring an additional 15,900 shares during the quarter. Swiss National Bank owned about 0.18% of Omega Healthcare Investors worth $19,916,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of 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 valued at $1,506,250,000 after acquiring an additional 1,492,904 shares in the last quarter. Northern Trust Corp boosted its position in Omega Healthcare Investors by 49.4% in the fourth quarter. Northern Trust Corp now owns 3,274,793 shares of the real estate investment trust's stock worth $123,951,000 after purchasing an additional 1,083,326 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in Omega Healthcare Investors by 556.1% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,028,187 shares of the real estate investment trust's stock worth $39,143,000 after purchasing an additional 871,472 shares during the last quarter. Deutsche Bank AG boosted its position in Omega Healthcare Investors by 362.2% in the first quarter. Deutsche Bank AG now owns 1,070,805 shares of the real estate investment trust's stock worth $40,776,000 after purchasing an additional 839,111 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in Omega Healthcare Investors by 221.6% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 940,213 shares of the real estate investment trust's stock worth $35,803,000 after purchasing an additional 647,832 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company's stock.

Insider Buying and Selling at Omega Healthcare Investors

In related news, Director Lisa Egbuonu-Davis sold 2,500 shares of the business's stock in a transaction on 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 in the company, valued at $749,144.64. The trade was a 11.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.50% of the company's stock.

Omega Healthcare Investors Trading Up 0.3%

Shares of NYSE OHI traded up $0.14 during trading hours on Friday, hitting $40.98. 2,151,754 shares of the company traded hands, compared to its average volume of 2,219,108. The stock has a market capitalization of $12.09 billion, a price-to-earnings ratio of 25.30, a price-to-earnings-growth ratio of 2.84 and a beta of 0.66. 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's 50 day moving average price is $38.03 and its 200 day moving average price is $37.46. Omega Healthcare Investors, Inc. has a 12 month low of $35.04 and a 12 month high of $44.42.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its earnings results 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 return on equity of 9.78% and a net margin of 42.23%. The company's revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 EPS. On average, equities research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The business also recently announced 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 of this dividend was Monday, August 4th. This represents a $2.68 annualized dividend and a dividend yield of 6.5%. Omega Healthcare Investors's payout ratio is currently 165.43%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on OHI. Wells Fargo & Company raised Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $38.00 to $41.00 in a research report on Monday, July 14th. Royal Bank Of Canada lifted their target price on Omega Healthcare Investors from $39.00 to $41.00 and gave the company a "sector perform" rating in a research note on Thursday, August 7th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $42.00.

Omega Healthcare Investors 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.