Sterling Investment Advisors Ltd. Has $2.93 Million Stock Position in Omega Healthcare Investors, Inc. $OHI

Sterling Investment Advisors Ltd. lifted its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 19.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 69,438 shares of the real estate investment trust’s stock after acquiring an additional 11,443 shares during the period. Sterling Investment Advisors Ltd.’s holdings in Omega Healthcare Investors were worth $2,932,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Omega Healthcare Investors in the second quarter valued at about $26,000. Smartleaf Asset Management LLC boosted its holdings in Omega Healthcare Investors by 40.9% during the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 268 shares during the last quarter. CENTRAL TRUST Co grew its position in Omega Healthcare Investors by 1,654.4% in the 2nd quarter. CENTRAL TRUST Co now owns 1,000 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 943 shares in the last quarter. Salem Investment Counselors Inc. purchased a new stake in Omega Healthcare Investors in the 3rd quarter valued at about $39,000. Finally, Bayforest Capital Ltd lifted its position in shares of Omega Healthcare Investors by 395.2% during the 2nd quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock worth $41,000 after buying an additional 901 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors.

Insider Activity

In other Omega Healthcare Investors news, CEO C Taylor Pickett acquired 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The stock was bought at an average cost of $43.14 per share, with a total value of $862,800.00. Following the acquisition, the chief executive officer owned 20,000 shares in the company, valued at approximately $862,800. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CIO Vikas Gupta acquired 11,500 shares of Omega Healthcare Investors stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average price of $42.97 per share, with a total value of $494,155.00. Following the completion of the purchase, the executive directly owned 13,773 shares in the company, valued at $591,825.81. This represents a 505.94% increase in their position. The SEC filing for this purchase provides additional information. 1.50% of the stock is owned by company insiders.

Omega Healthcare Investors Stock Performance

Shares of OHI opened at $44.69 on Friday. The firm has a market cap of $13.21 billion, a PE ratio of 24.97, a PEG ratio of 1.89 and a beta of 0.57. The stock’s fifty day moving average price is $44.65 and its two-hundred day moving average price is $41.95. The company has a debt-to-equity ratio of 0.95, a current ratio of 7.11 and a quick ratio of 7.11. Omega Healthcare Investors, Inc. has a 1 year low of $35.04 and a 1 year high of $46.36.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.02. Omega Healthcare Investors had a return on equity of 10.72% and a net margin of 46.83%.The company had revenue of $311.59 million during the quarter, compared to the consensus estimate of $262.48 million. During the same quarter in the prior year, the company earned $0.71 EPS. The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. On average, equities research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Monday, November 3rd were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date was Monday, November 3rd. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 149.72%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. BMO Capital Markets lowered Omega Healthcare Investors from an “outperform” rating to a “market perform” rating and set a $45.00 target price for the company. in a report on Friday, January 9th. UBS Group boosted their price objective on Omega Healthcare Investors from $50.00 to $51.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Jefferies Financial Group reaffirmed a “hold” rating and set a $45.00 target price on shares of Omega Healthcare Investors in a research report on Monday, December 15th. Weiss Ratings cut Omega Healthcare Investors from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday. Finally, Truist Financial increased their price target on shares of Omega Healthcare Investors from $44.00 to $46.00 and gave the company a “hold” rating in a research report on Monday, December 1st. Seven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $47.09.

Omega Healthcare Investors Company 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.