Versor Investments LP Has $1.36 Million Stock Position in Omega Healthcare Investors, Inc. $OHI

Key Points

• Versor Investments LP increased its stake in Omega Healthcare Investors by 278.7%, now owning 35,600 shares valued at approximately $1.36 million.
• Wells Fargo upgraded Omega Healthcare's rating from "equal weight" to "overweight" and raised the target price from $38.00 to $41.00.
• The company reported an earnings per share (EPS) of $0.77 for the last quarter, significantly beating analysts' expectations of $0.45.

Versor Investments LP boosted its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 278.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,600 shares of the real estate investment trust's stock after acquiring an additional 26,200 shares during the period. Versor Investments LP's holdings in Omega Healthcare Investors were worth $1,356,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NBC Securities Inc. bought a new position in Omega Healthcare Investors during the first quarter worth about $29,000. Dunhill Financial LLC lifted its holdings in Omega Healthcare Investors by 97.9% during the fourth quarter. Dunhill Financial LLC now owns 1,516 shares of the real estate investment trust's stock worth $57,000 after acquiring an additional 750 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in Omega Healthcare Investors by 177.3% during the fourth quarter. CoreCap Advisors LLC now owns 1,578 shares of the real estate investment trust's stock worth $60,000 after acquiring an additional 1,009 shares in the last quarter. Park Square Financial Group LLC bought a new position in Omega Healthcare Investors during the fourth quarter worth about $61,000. Finally, UMB Bank n.a. lifted its holdings in Omega Healthcare Investors by 94.9% during the first quarter. UMB Bank n.a. now owns 2,175 shares of the real estate investment trust's stock worth $83,000 after acquiring an additional 1,059 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Stock Down 0.4%

Shares of OHI traded down $0.16 during midday trading on Friday, hitting $42.20. The stock had a trading volume of 1,505,971 shares, compared to its average volume of 2,310,337. The company has a 50 day simple moving average of $38.50 and a two-hundred day simple moving average of $37.61. Omega Healthcare Investors, Inc. has a twelve month low of $35.04 and a twelve month high of $44.42. The firm has a market cap of $12.45 billion, a price-to-earnings ratio of 26.05, a price-to-earnings-growth ratio of 2.25 and a beta of 0.66. The company has a debt-to-equity ratio of 0.96, a current ratio of 7.10 and a quick ratio of 7.10.

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 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $235.60 million for the quarter, compared to the consensus estimate of $248.49 million. During the same quarter last year, the business posted $0.71 EPS. The company's revenue for the quarter was up 11.8% on a year-over-year basis. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. On average, analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Monday, August 4th were given 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 dividend yield of 6.4%. Omega Healthcare Investors's payout ratio is currently 165.43%.

Wall Street Analyst Weigh In

OHI has been the topic of several recent analyst reports. Wells Fargo & Company upgraded Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $38.00 to $41.00 in a report on Monday, July 14th. Royal Bank Of Canada lifted their price target 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. Four investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Omega Healthcare Investors currently has an average rating of "Hold" and a consensus price target of $42.00.

Insider Activity

In related 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 value of $100,400.00. Following the sale, the director owned 18,654 shares of the company's stock, valued at approximately $749,144.64. The trade was a 11.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.50% of the company's stock.

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.