Principal Financial Group Inc. Has $28.90 Million Stake in Omega Healthcare Investors, Inc. $OHI

Principal Financial Group Inc. lifted its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 3.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 659,575 shares of the real estate investment trust’s stock after purchasing an additional 24,059 shares during the quarter. Principal Financial Group Inc.’s holdings in Omega Healthcare Investors were worth $28,903,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of OHI. Royal Bank of Canada increased its holdings in Omega Healthcare Investors by 29.4% in the 1st quarter. Royal Bank of Canada now owns 144,339 shares of the real estate investment trust’s stock valued at $5,496,000 after buying an additional 32,798 shares during the period. Focus Partners Wealth lifted its holdings in shares of Omega Healthcare Investors by 3.1% during the 1st quarter. Focus Partners Wealth now owns 19,862 shares of the real estate investment trust’s stock worth $756,000 after acquiring an additional 597 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Omega Healthcare Investors during the 2nd quarter valued at about $257,000. Guggenheim Capital LLC boosted its position in shares of Omega Healthcare Investors by 1.0% during the 2nd quarter. Guggenheim Capital LLC now owns 29,398 shares of the real estate investment trust’s stock valued at $1,077,000 after acquiring an additional 280 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in Omega Healthcare Investors by 32.8% in the second quarter. First Trust Advisors LP now owns 193,099 shares of the real estate investment trust’s stock valued at $7,077,000 after acquiring an additional 47,649 shares during the period. 65.25% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

OHI has been the subject of several recent research reports. Scotiabank dropped their price target on shares of Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating for the company in a research report on Thursday, June 18th. Barclays assumed coverage on Omega Healthcare Investors in a report on Tuesday, July 7th. They set an “underweight” rating and a $51.00 price objective on the stock. Weiss Ratings raised Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday, June 30th. Citigroup restated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Monday, June 15th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $52.00 price target on shares of Omega Healthcare Investors in a research note on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors currently has an average rating of “Hold” and an average price target of $48.50.

Omega Healthcare Investors Trading Down 0.1%

Shares of Omega Healthcare Investors stock opened at $50.16 on Monday. The stock has a market capitalization of $14.94 billion, a P/E ratio of 24.23, a price-to-earnings-growth ratio of 2.14 and a beta of 0.58. The company has a quick ratio of 5.32, a current ratio of 5.32 and a debt-to-equity ratio of 0.81. The company has a 50-day simple moving average of $47.17 and a 200 day simple moving average of $46.23. Omega Healthcare Investors, Inc. has a 12-month low of $37.70 and a 12-month high of $50.75.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.02). The firm had revenue of $322.95 million during the quarter, compared to analyst estimates of $264.07 million. Omega Healthcare Investors had a net margin of 51.14% and a return on equity of 11.86%. Omega Healthcare Investors’s quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.75 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. Research analysts expect that Omega Healthcare Investors, Inc. will post 3.09 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were paid a $0.67 dividend. The ex-dividend date was Monday, May 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.3%. Omega Healthcare Investors’s payout ratio is 129.47%.

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.