First Trust Advisors LP Purchases 32,795 Shares of Omega Healthcare Investors, Inc. $OHI

First Trust Advisors LP lifted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 18.0% during the 1st quarter, HoldingsChannel reports. The fund owned 215,188 shares of the real estate investment trust’s stock after purchasing an additional 32,795 shares during the period. First Trust Advisors LP’s holdings in Omega Healthcare Investors were worth $9,430,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of OHI. Bogart Wealth LLC raised its position in Omega Healthcare Investors by 2.3% in the fourth quarter. Bogart Wealth LLC now owns 10,461 shares of the real estate investment trust’s stock valued at $464,000 after purchasing an additional 237 shares during the last quarter. GeoWealth Management LLC grew its holdings in shares of Omega Healthcare Investors by 1.3% during the third quarter. GeoWealth Management LLC now owns 18,850 shares of the real estate investment trust’s stock worth $796,000 after purchasing an additional 239 shares during the last quarter. EntryPoint Capital LLC increased its stake in shares of Omega Healthcare Investors by 2.7% in the fourth quarter. EntryPoint Capital LLC now owns 9,912 shares of the real estate investment trust’s stock valued at $439,000 after buying an additional 260 shares during the period. Community Bank of Raymore increased its stake in shares of Omega Healthcare Investors by 1.0% in the first quarter. Community Bank of Raymore now owns 26,540 shares of the real estate investment trust’s stock valued at $1,163,000 after buying an additional 260 shares during the period. Finally, Checchi Capital Advisers LLC raised its holdings in Omega Healthcare Investors by 3.3% in the 4th quarter. Checchi Capital Advisers LLC now owns 8,184 shares of the real estate investment trust’s stock valued at $363,000 after buying an additional 262 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on OHI shares. Truist Financial cut their target price on shares of Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating on the stock in a research report on Tuesday, June 9th. Bank of America restated an “underperform” rating and issued a $46.00 price target (down from $52.00) on shares of Omega Healthcare Investors in a research report on Tuesday, April 14th. 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 note on Thursday, June 18th. UBS Group set a $47.00 price target on shares of Omega Healthcare Investors in a report on Thursday, June 18th. Finally, Wells Fargo & Company boosted their price objective on shares of Omega Healthcare Investors from $47.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Five research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $48.79.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock opened at $50.80 on Friday. The stock’s 50 day moving average is $47.75 and its 200 day moving average is $46.67. The company has a debt-to-equity ratio of 0.71, a current ratio of 6.03 and a quick ratio of 5.32. The firm has a market cap of $15.13 billion, a P/E ratio of 18.14, a P/E/G ratio of 2.15 and a beta of 0.58. Omega Healthcare Investors, Inc. has a one year low of $38.71 and a one year high of $52.39.

Omega Healthcare Investors (NYSE:OHI) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 EPS for the quarter, beating the consensus estimate of $0.51 by $0.68. The business had revenue of $328.25 million for the quarter, compared to analysts’ expectations of $266.97 million. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The firm’s revenue was up 16.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.77 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. As a group, research analysts expect that Omega Healthcare Investors, Inc. will post 3.09 EPS for the current year.

Omega Healthcare Investors Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 3rd will be paid a $0.68 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.4%. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. Omega Healthcare Investors’s payout ratio is currently 95.71%.

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.