Jupiter Topco LLC Makes New $50.27 Million Investment in Omega Healthcare Investors, Inc. $OHI

Jupiter Topco LLC acquired a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) in the 2nd quarter, HoldingsChannel reports. The fund acquired 1,053,628 shares of the real estate investment trust’s stock, valued at approximately $50,271,000.

Several other hedge funds also recently modified their holdings of the stock. BNP Paribas Financial Markets raised its holdings in shares of Omega Healthcare Investors by 91.9% during the fourth quarter. BNP Paribas Financial Markets now owns 389,305 shares of the real estate investment trust’s stock valued at $17,262,000 after purchasing an additional 186,399 shares during the period. Oxbow Advisors LLC acquired a new stake in shares of Omega Healthcare Investors in the 1st quarter valued at about $7,373,000. BOKF NA increased its position in Omega Healthcare Investors by 51.8% in the 4th quarter. BOKF NA now owns 189,095 shares of the real estate investment trust’s stock valued at $8,384,000 after buying an additional 64,539 shares in the last quarter. Geode Capital Management LLC increased its position in Omega Healthcare Investors by 9.4% in the 4th quarter. Geode Capital Management LLC now owns 8,515,924 shares of the real estate investment trust’s stock valued at $377,648,000 after buying an additional 734,774 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in Omega Healthcare Investors by 12.2% during the 4th quarter. Legal & General Group Plc now owns 1,996,204 shares of the real estate investment trust’s stock worth $88,512,000 after buying an additional 216,856 shares during the period. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Performance

OHI stock opened at $46.29 on Friday. The company has a market capitalization of $14.03 billion, a P/E ratio of 16.53, a price-to-earnings-growth ratio of 1.90 and a beta of 0.57. Omega Healthcare Investors, Inc. has a 52-week low of $39.26 and a 52-week high of $52.39. The business has a 50-day simple moving average of $48.32 and a two-hundred day simple moving average of $47.09.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $1.19 EPS for the quarter, topping the consensus estimate of $0.51 by $0.68. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The firm had revenue of $328.25 million during the quarter, compared to the consensus estimate of $266.97 million. During the same period in the prior year, the business posted $0.77 earnings per share. The company’s quarterly revenue was up 16.2% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. As a group, sell-side analysts forecast that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current fiscal year.

Omega Healthcare Investors Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were issued a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 5.9%. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. The ex-dividend date was Monday, August 3rd. Omega Healthcare Investors’s dividend payout ratio is currently 97.14%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on OHI. UBS Group set a $47.00 price objective on Omega Healthcare Investors in a research note on Thursday, June 18th. Barclays started coverage on Omega Healthcare Investors in a research report on Tuesday, July 7th. They set an “underweight” rating and a $51.00 target price on the stock. Truist Financial cut their target price on Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating on the stock in a report on Tuesday, June 9th. Cantor Fitzgerald lifted 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. Finally, Weiss Ratings upgraded shares of Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, June 30th. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $49.21.

About Omega Healthcare Investors

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.