Omega Healthcare Investors, Inc. $OHI Shares Purchased by Van ECK Associates Corp

Van ECK Associates Corp grew its position in Omega Healthcare Investors, Inc. (NYSE:OHIFree Report) by 20.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 199,170 shares of the real estate investment trust’s stock after acquiring an additional 33,211 shares during the quarter. Van ECK Associates Corp’s holdings in Omega Healthcare Investors were worth $9,496,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. GeoWealth Management LLC increased its holdings in shares of Omega Healthcare Investors by 1.3% in the third quarter. GeoWealth Management LLC now owns 18,850 shares of the real estate investment trust’s stock valued at $796,000 after purchasing an additional 239 shares during the period. Bogart Wealth LLC grew its position in Omega Healthcare Investors by 2.4% in the 1st quarter. Bogart Wealth LLC now owns 10,714 shares of the real estate investment trust’s stock valued at $469,000 after buying an additional 253 shares during the last quarter. Community Bank of Raymore grew its position in Omega Healthcare Investors by 1.0% in the 1st 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 last quarter. EntryPoint Capital LLC increased its stake in Omega Healthcare Investors by 2.7% in the 4th 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. Finally, Smartleaf Asset Management LLC increased its stake in Omega Healthcare Investors by 40.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 268 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Weiss Ratings upgraded shares of Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, June 30th. Mizuho boosted their target price on Omega Healthcare Investors from $45.00 to $46.00 and gave the stock a “neutral” rating in a research report on Monday. Raymond James Financial initiated coverage on Omega Healthcare Investors in a research note on Tuesday, June 16th. They set an “outperform” rating and a $50.00 target price for the company. Citigroup raised their price target on Omega Healthcare Investors from $52.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Finally, Scotiabank decreased their price target on Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Omega Healthcare Investors has an average rating of “Hold” and a consensus price target of $49.50.

View Our Latest Research Report on OHI

Omega Healthcare Investors Trading Up 2.3%

OHI stock opened at $46.77 on Wednesday. The firm has a 50 day moving average of $48.36 and a 200-day moving average of $47.10. The company has a market cap of $14.17 billion, a price-to-earnings ratio of 16.70, a PEG ratio of 1.85 and a beta of 0.58. Omega Healthcare Investors, Inc. has a 12-month low of $39.26 and a 12-month high of $52.39.

Omega Healthcare Investors (NYSE:OHIGet Free Report) last released its quarterly earnings results 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. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The business had revenue of $328.25 million for the quarter, compared to analysts’ expectations of $266.97 million. During the same quarter in the prior year, the firm posted $0.77 EPS. The company’s 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. 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 company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were issued a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 5.8%. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Monday, August 3rd. Omega Healthcare Investors’s dividend payout ratio is currently 97.14%.

Omega Healthcare Investors Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding OHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Omega Healthcare Investors, Inc. (NYSE:OHIFree Report).

Institutional Ownership by Quarter for Omega Healthcare Investors (NYSE:OHI)

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