NewEdge Advisors LLC Grows Stock Holdings in Omega Healthcare Investors, Inc. $OHI

NewEdge Advisors LLC increased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 81.0% in the 1st quarter, HoldingsChannel reports. The firm owned 60,190 shares of the real estate investment trust’s stock after acquiring an additional 26,945 shares during the quarter. NewEdge Advisors LLC’s holdings in Omega Healthcare Investors were worth $2,638,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Axiom Investment Management LLC purchased a new stake in Omega Healthcare Investors in the first quarter valued at $70,000. Bank of America Corp DE raised its stake in shares of Omega Healthcare Investors by 3.6% during the 1st quarter. Bank of America Corp DE now owns 3,794,730 shares of the real estate investment trust’s stock valued at $166,285,000 after buying an additional 131,000 shares during the last quarter. Bull Harbor Capital LLC acquired a new position in shares of Omega Healthcare Investors in the 1st quarter valued at about $270,000. Strategic Investment Advisors MI lifted its holdings in shares of Omega Healthcare Investors by 7.3% in the 1st quarter. Strategic Investment Advisors MI now owns 28,445 shares of the real estate investment trust’s stock valued at $1,246,000 after buying an additional 1,933 shares during the period. Finally, Arkadios Wealth Advisors boosted its stake in shares of Omega Healthcare Investors by 9.6% in the first quarter. Arkadios Wealth Advisors now owns 9,788 shares of the real estate investment trust’s stock worth $429,000 after buying an additional 858 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Price Performance

Shares of NYSE:OHI opened at $46.06 on Friday. The business’s 50 day moving average price is $48.00 and its 200-day moving average price is $46.89. Omega Healthcare Investors, Inc. has a 1 year low of $39.26 and a 1 year high of $52.39. The firm has a market capitalization of $13.96 billion, a price-to-earnings ratio of 16.45, a price-to-earnings-growth ratio of 1.94 and a beta of 0.57.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.68. The company had revenue of $328.25 million during the quarter, compared to analysts’ expectations of $266.97 million. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The firm’s revenue for the quarter 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. On average, sell-side analysts expect that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current year.

Omega Healthcare Investors Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 3rd will be issued a dividend of $0.68 per share. The ex-dividend date of this dividend is Monday, August 3rd. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.9%. Omega Healthcare Investors’s payout ratio is currently 97.14%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Raymond James Financial began coverage on Omega Healthcare Investors in a research report on Tuesday, June 16th. They set an “outperform” rating and a $50.00 price target for the company. UBS Group set a $47.00 target price on shares of Omega Healthcare Investors in a report on Thursday, June 18th. Cantor Fitzgerald raised their price target on shares of Omega Healthcare Investors from $52.00 to $56.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. BMO Capital Markets reaffirmed a “market perform” rating and issued a $52.00 price objective on shares of Omega Healthcare Investors in a report on Monday, May 4th. Finally, Truist Financial cut their price objective on shares of Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating for the company in a report on Tuesday, June 9th. Six equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Omega Healthcare Investors presently has a consensus rating of “Hold” and a consensus target price of $49.21.

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.