Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 334,233 shares of the real estate investment trust's stock, valued at approximately $12,728,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.12% of Omega Healthcare Investors as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in OHI. Vanguard Group Inc. lifted its holdings in shares of Omega Healthcare Investors by 5.0% during the 4th quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust's stock valued at $1,440,646,000 after purchasing an additional 1,809,519 shares during the last quarter. Cohen & Steers Inc. lifted its holdings in shares of Omega Healthcare Investors by 50.8% during the 4th quarter. Cohen & Steers Inc. now owns 26,222,898 shares of the real estate investment trust's stock valued at $992,467,000 after purchasing an additional 8,837,218 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Omega Healthcare Investors by 7.8% during the 4th quarter. Geode Capital Management LLC now owns 6,929,319 shares of the real estate investment trust's stock valued at $262,329,000 after purchasing an additional 503,190 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Omega Healthcare Investors by 2.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,892,553 shares of the real estate investment trust's stock valued at $147,331,000 after purchasing an additional 111,474 shares during the last quarter. Finally, Northern Trust Corp lifted 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 valued at $123,951,000 after purchasing an additional 1,083,326 shares during the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, Wells Fargo & Company upgraded Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $38.00 to $41.00 in a report on Monday, July 14th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors presently has a consensus rating of "Hold" and a consensus price target of $42.25.
View Our Latest Stock Report on OHI
Omega Healthcare Investors Price Performance
Shares of NYSE:OHI traded down $0.27 during trading on Monday, reaching $38.84. 249,111 shares of the company's stock traded hands, compared to its average volume of 2,399,722. Omega Healthcare Investors, Inc. has a fifty-two week low of $35.04 and a fifty-two week high of $44.42. The company has a quick ratio of 6.58, a current ratio of 6.58 and a debt-to-equity ratio of 0.90. The firm has a market cap of $11.24 billion, a PE ratio of 24.14, a P/E/G ratio of 2.70 and a beta of 0.68. The company has a 50-day simple moving average of $37.14 and a 200-day simple moving average of $37.19.
Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 EPS for the quarter, meeting analysts' consensus estimates of $0.75. Omega Healthcare Investors had a return on equity of 9.98% and a net margin of 41.29%. The firm had revenue of $228.38 million for the quarter, compared to analysts' expectations of $236.61 million. During the same period last year, the firm earned $0.68 EPS. The company's quarterly revenue was up 13.8% on a year-over-year basis. As a group, analysts predict 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 announced a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Monday, August 4th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.90%. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 166.46%.
Omega Healthcare Investors Company Profile
(
Free Report)
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.
See Also
Before you consider Omega Healthcare Investors, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Omega Healthcare Investors wasn't on the list.
While Omega Healthcare Investors currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
