U.S. Capital Wealth Advisors LLC Sells 9,873 Shares of Omega Healthcare Investors, Inc. $OHI

Key Points

• U.S. Capital Wealth Advisors LLC reduced its stake in Omega Healthcare Investors, Inc. by 17.5%, selling 9,873 shares, bringing its total holdings to 46,398 shares worth approximately $1.7 million.
• Several analysts have issued new price targets for Omega Healthcare, with Wells Fargo raising theirs from $41.00 to $44.00, resulting in a consensus rating of "Moderate Buy" and an average target price of $43.75.
• Omega Healthcare reported a quarterly earnings per share (EPS) of $0.77, surpassing estimates, and also announced a quarterly dividend of $0.67, yielding 6.4%.

U.S. Capital Wealth Advisors LLC decreased its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 17.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,398 shares of the real estate investment trust's stock after selling 9,873 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in Omega Healthcare Investors were worth $1,700,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ProShare Advisors LLC boosted its stake in shares of Omega Healthcare Investors by 12.4% in the 4th quarter. ProShare Advisors LLC now owns 12,630 shares of the real estate investment trust's stock valued at $478,000 after purchasing an additional 1,390 shares during the last quarter. Park Square Financial Group LLC acquired a new position in Omega Healthcare Investors in the fourth quarter valued at approximately $61,000. Wealth Enhancement Advisory Services LLC boosted its stake in Omega Healthcare Investors by 994.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 554,286 shares of the real estate investment trust's stock valued at $20,980,000 after acquiring an additional 503,636 shares during the last quarter. California State Teachers Retirement System grew its holdings in Omega Healthcare Investors by 3.5% during the 4th quarter. California State Teachers Retirement System now owns 242,138 shares of the real estate investment trust's stock worth $9,165,000 after acquiring an additional 8,294 shares during the period. Finally, Wellington Management Group LLP grew its holdings in Omega Healthcare Investors by 16.6% during the 4th quarter. Wellington Management Group LLP now owns 340,073 shares of the real estate investment trust's stock worth $12,872,000 after acquiring an additional 48,391 shares during the period. 65.25% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Wells Fargo & Company raised their price target on Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 27th. Raymond James Financial restated an "outperform" rating on shares of Omega Healthcare Investors in a report on Tuesday, September 2nd. Mizuho boosted their target price on Omega Healthcare Investors from $37.00 to $40.00 and gave the stock a "neutral" rating in a research report on Thursday, September 11th. 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 research report on Thursday, August 28th. Finally, Royal Bank Of Canada increased their price target on shares of Omega Healthcare Investors from $39.00 to $41.00 and gave the company a "sector perform" rating in a research report on Thursday, August 7th. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $43.75.

Omega Healthcare Investors Stock Performance

OHI stock opened at $41.65 on Wednesday. Omega Healthcare Investors, Inc. has a 1-year low of $35.04 and a 1-year high of $44.42. 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 market cap of $12.29 billion, a PE ratio of 25.71, a P/E/G ratio of 2.15 and a beta of 0.71. The business's 50-day moving average price is $40.90 and its two-hundred day moving average price is $38.47.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its quarterly earnings results 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. Omega Healthcare Investors had a return on equity of 9.78% and a net margin of 42.23%.The company had revenue of $235.60 million for the quarter, compared to analyst estimates of $248.49 million. During the same quarter last year, the firm posted $0.71 earnings per share. Omega Healthcare Investors's revenue was up 11.8% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. As a group, research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

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

Insider Buying and Selling at Omega Healthcare Investors

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.