VIRGINIA RETIREMENT SYSTEMS ET Al Makes New Investment in Omega Healthcare Investors, Inc. $OHI

Key Points

• The Virginia Retirement Systems ET Al acquired approximately 437,611 shares of Omega Healthcare Investors, Inc. valued at about $16 million in the second quarter, representing a 0.15% stake in the company.
• Omega Healthcare's quarterly earnings surpassed expectations with an EPS of $0.77, and the company anticipates a full-year 2025 guidance of around $3.040-$3.070 EPS.
• The company recently announced a dividend of $0.67 per share, translating to an annualized dividend yield of 6.5%, despite a high dividend payout ratio of 165.43%.

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 437,611 shares of the real estate investment trust's stock, valued at approximately $16,038,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.15% of Omega Healthcare Investors as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Pallas Capital Advisors LLC raised its position in Omega Healthcare Investors by 59.0% in the second quarter. Pallas Capital Advisors LLC now owns 11,915 shares of the real estate investment trust's stock worth $437,000 after acquiring an additional 4,420 shares in the last quarter. Asset Management One Co. Ltd. raised its position in Omega Healthcare Investors by 5.0% in the first quarter. Asset Management One Co. Ltd. now owns 514,967 shares of the real estate investment trust's stock worth $19,610,000 after acquiring an additional 24,640 shares in the last quarter. Allspring Global Investments Holdings LLC raised 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 acquiring an additional 871,472 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Omega Healthcare Investors by 4.3% in the first quarter. Dimensional Fund Advisors LP now owns 4,058,107 shares of the real estate investment trust's stock worth $154,533,000 after acquiring an additional 165,554 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in Omega Healthcare Investors by 14.2% in the first quarter. GAMMA Investing LLC now owns 4,572 shares of the real estate investment trust's stock valued at $174,000 after purchasing an additional 568 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Stock Up 1.8%

OHI opened at $41.07 on Monday. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.96. The firm has a market cap of $12.12 billion, a P/E ratio of 25.35, a PEG ratio of 1.92 and a beta of 0.70. Omega Healthcare Investors, Inc. has a 52 week low of $35.04 and a 52 week high of $44.42. The business's fifty day simple moving average is $41.58 and its 200 day simple moving average is $38.89.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.32. The business had revenue of $235.60 million for the quarter, compared to analyst estimates of $248.49 million. Omega Healthcare Investors had a return on equity of 9.78% and a net margin of 42.23%.The business's revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.71 earnings per share. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. As a group, equities research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Monday, August 4th were paid a dividend of $0.67 per share. 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 6.5%. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 165.43%.

Insider Transactions at Omega Healthcare Investors

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of the firm's 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 directly owned 18,654 shares of the company's stock, valued at approximately $749,144.64. This trade represents a 11.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.50% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on OHI shares. Scotiabank upped their target price on Omega Healthcare Investors from $39.00 to $42.00 and gave the company a "sector perform" rating in a report on Thursday, August 28th. Royal Bank Of Canada upped their target price on Omega Healthcare Investors from $39.00 to $41.00 and gave the company a "sector perform" rating in a report on Thursday, August 7th. Raymond James Financial reissued an "outperform" rating on shares of Omega Healthcare Investors in a report on Tuesday, September 2nd. Wells Fargo & Company upped their target price on Omega Healthcare Investors from $41.00 to $44.00 and gave the company an "overweight" rating in a report on Wednesday, August 27th. Finally, Truist Financial upped their target price on Omega Healthcare Investors from $39.00 to $44.00 and gave the company a "hold" rating in a report on Wednesday, September 3rd. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $44.38.

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.

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