VIRGINIA RETIREMENT SYSTEMS ET Al Buys New Position in Omega Healthcare Investors, Inc. $OHI

Key Points

• Virginia Retirement Systems purchased 266,765 Omega Healthcare Investors shares worth approximately $12.7 million, while institutional investors collectively own 65.25% of the REIT.
• Omega Healthcare Investors beat quarterly earnings expectations with $1.19 EPS and $328.25 million in revenue, representing 16.2% year-over-year revenue growth.
• The company increased its quarterly dividend to $0.68 per share, equating to a 5.9% annualized yield; analysts maintain a consensus “Hold” rating with an average price target of $49.50.

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 266,765 shares of the real estate investment trust's stock, valued at approximately $12,719,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned about 0.09% of Omega Healthcare Investors as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Resources Management Corp CT ADV grew its position in shares of Omega Healthcare Investors by 300.0% during the fourth quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 450 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Omega Healthcare Investors by 40.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust's stock valued at $34,000 after acquiring an additional 268 shares during the period. Ascentis Independent Advisors purchased a new stake in Omega Healthcare Investors in the 1st quarter valued at $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Omega Healthcare Investors in the 4th quarter valued at $37,000. Finally, Rothschild Investment LLC boosted its stake in Omega Healthcare Investors by 283.7% during the 4th quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust's stock worth $42,000 after purchasing an additional 698 shares during the period. Institutional investors and hedge funds own 65.25% of the company's stock.

Omega Healthcare Investors Stock Performance

Shares of Omega Healthcare Investors stock opened at $46.41 on Tuesday. The company has a market cap of $14.06 billion, a P/E ratio of 16.58, a PEG ratio of 1.88 and a beta of 0.58. Omega Healthcare Investors, Inc. has a one year low of $39.26 and a one year high of $52.39. The firm has a fifty day moving average of $48.28 and a two-hundred day moving average of $47.08.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.68. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The business had revenue of $328.25 million for the quarter, compared to the consensus estimate of $266.97 million. During the same quarter in the previous year, the firm earned $0.77 earnings per share. The business's quarterly revenue was up 16.2% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. As a group, equities analysts predict that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current year.

Omega Healthcare Investors Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.68 per share. This is a positive change from Omega Healthcare Investors's previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.9%. Omega Healthcare Investors's dividend payout ratio (DPR) is currently 97.14%.

Analysts Set New Price Targets

Several research analysts have issued reports on OHI shares. UBS Group set a $47.00 price objective on shares of Omega Healthcare Investors in a research report on Thursday, June 18th. Mizuho upped their target price on shares of Omega Healthcare Investors from $45.00 to $46.00 and gave the company a "neutral" rating in a report on Monday, August 31st. Barclays decreased their target price on shares of Omega Healthcare Investors from $51.00 to $50.00 and set an "underweight" rating for the company in a research note on Monday, August 31st. Cantor Fitzgerald boosted their price target on Omega Healthcare Investors from $52.00 to $56.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. Finally, Weiss Ratings upgraded Omega Healthcare Investors from a "buy (b)" rating to a "buy (b+)" rating in a research report on Tuesday, June 30th. Six analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $49.50.

Omega Healthcare Investors Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company's core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.