Kestra Advisory Services LLC Acquires 90,581 Shares of Omega Healthcare Investors, Inc. $OHI

Kestra Advisory Services LLC boosted its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 116.8% during the first quarter, Holdings Channel.com reports. The firm owned 168,115 shares of the real estate investment trust’s stock after acquiring an additional 90,581 shares during the period. Kestra Advisory Services LLC’s holdings in Omega Healthcare Investors were worth $7,367,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. BNP Paribas Financial Markets grew its position in Omega Healthcare Investors by 91.9% in the fourth quarter. BNP Paribas Financial Markets now owns 389,305 shares of the real estate investment trust’s stock worth $17,262,000 after acquiring an additional 186,399 shares in the last quarter. CPC Advisors LLC purchased a new position in shares of Omega Healthcare Investors in the 4th quarter worth approximately $3,050,000. Pensionfund PDN bought a new position in shares of Omega Healthcare Investors during the 4th quarter valued at approximately $2,053,000. Oxbow Advisors LLC bought a new stake in Omega Healthcare Investors in the first quarter worth $7,373,000. Finally, BOKF NA lifted its position in Omega Healthcare Investors by 51.8% in the fourth quarter. BOKF NA now owns 189,095 shares of the real estate investment trust’s stock worth $8,384,000 after buying an additional 64,539 shares during the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Omega Healthcare Investors Trading Down 0.3%

Shares of OHI opened at $48.30 on Wednesday. The firm has a market capitalization of $14.38 billion, a price-to-earnings ratio of 23.33, a PEG ratio of 2.07 and a beta of 0.58. The company has a debt-to-equity ratio of 0.81, a current ratio of 5.32 and a quick ratio of 5.32. Omega Healthcare Investors, Inc. has a 1-year low of $37.58 and a 1-year high of $50.10. The company has a 50-day moving average of $47.00 and a 200 day moving average of $46.13.

Omega Healthcare Investors (NYSE:OHI) last issued its 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 company had revenue of $322.95 million during the quarter, compared to the consensus estimate of $264.07 million. Omega Healthcare Investors had a return on equity of 11.86% and a net margin of 51.14%.Omega Healthcare Investors’s revenue was up 16.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.75 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. On average, research analysts expect that Omega Healthcare Investors, Inc. will post 3.09 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 4th were paid a $0.67 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a $2.68 annualized dividend and a yield of 5.5%. Omega Healthcare Investors’s dividend payout ratio is 129.47%.

Analyst Upgrades and Downgrades

OHI has been the topic of several analyst reports. Barclays started coverage on shares of Omega Healthcare Investors in a report on Tuesday, July 7th. They set an “underweight” rating and a $51.00 price target on the stock. Royal Bank Of Canada boosted their target price on Omega Healthcare Investors from $47.00 to $48.00 and gave the company a “sector perform” rating in a research report on Monday, May 4th. Citigroup reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Monday, June 15th. Truist Financial reduced their price target 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. Finally, Scotiabank dropped their price objective on Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Five research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $48.50.

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.