Hsbc Holdings PLC increased its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 92.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 315,339 shares of the real estate investment trust's stock after buying an additional 151,831 shares during the quarter. Hsbc Holdings PLC owned about 0.12% of Omega Healthcare Investors worth $11,929,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in OHI. Stonebridge Financial Group LLC bought a new position in Omega Healthcare Investors in the 4th quarter worth about $26,000. Grove Bank & Trust acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth approximately $30,000. Kentucky Trust Co bought a new position in Omega Healthcare Investors in the 4th quarter worth approximately $38,000. UMB Bank n.a. increased its position in Omega Healthcare Investors by 68.6% in the 4th quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust's stock valued at $42,000 after acquiring an additional 454 shares during the period. Finally, V Square Quantitative Management LLC raised its stake in Omega Healthcare Investors by 44.5% during the 4th quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust's stock valued at $53,000 after acquiring an additional 434 shares in the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.
Omega Healthcare Investors Price Performance
OHI stock traded down $1.43 on Friday, hitting $37.13. 4,914,027 shares of the company's stock traded hands, compared to its average volume of 1,888,532. The stock has a market cap of $10.66 billion, a price-to-earnings ratio of 23.95, a P/E/G ratio of 1.09 and a beta of 0.75. Omega Healthcare Investors, Inc. has a 1-year low of $30.48 and a 1-year high of $44.42. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The stock has a fifty day moving average of $37.62 and a 200-day moving average of $38.35.
Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.75 EPS for the quarter, meeting analysts' consensus estimates of $0.75. The company had revenue of $228.38 million during the quarter, compared to the consensus estimate of $236.61 million. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. The company's quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.68 EPS. On average, analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.
Omega Healthcare Investors Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Monday, May 5th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a yield of 7.22%. Omega Healthcare Investors's dividend payout ratio is currently 172.90%.
Analyst Ratings Changes
A number of brokerages recently issued reports on OHI. Truist Financial increased their target price on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a research report on Tuesday, March 18th. JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, Wells Fargo & Company lowered shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and lowered their price objective for the company from $41.00 to $39.00 in a research note on Thursday, March 27th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $42.00.
Read Our Latest Research Report on OHI
About Omega Healthcare Investors
(
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.
Featured Stories
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
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
