Louisiana State Employees Retirement System Purchases Shares of 85,700 Omega Healthcare Investors, Inc. $OHI

Louisiana State Employees Retirement System acquired a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHIFree Report) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 85,700 shares of the real estate investment trust’s stock, valued at approximately $3,755,000.

Several other large investors have also modified their holdings of the stock. Resources Management Corp CT ADV boosted its position in shares of Omega Healthcare Investors by 300.0% in the fourth quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 450 shares during the last quarter. Smartleaf Asset Management LLC increased its position in Omega Healthcare Investors by 40.9% during the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 268 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Omega Healthcare Investors during the fourth quarter worth approximately $37,000. Rothschild Investment LLC increased its position in Omega Healthcare Investors by 283.7% during the fourth quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 698 shares during the last quarter. Finally, Larson Financial Group LLC raised its stake in Omega Healthcare Investors by 345.2% during the fourth quarter. Larson Financial Group LLC now owns 984 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 763 shares during the period. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on OHI shares. Bank of America reiterated an “underperform” rating and issued a $46.00 price target (down from $52.00) on shares of Omega Healthcare Investors in a report on Tuesday, April 14th. Royal Bank Of Canada increased their target price on Omega Healthcare Investors from $47.00 to $48.00 and gave the stock a “sector perform” rating in a research report on Monday, May 4th. Raymond James Financial initiated coverage on Omega Healthcare Investors in a report on Tuesday, June 16th. They issued an “outperform” rating and a $50.00 target price on the stock. Citigroup reissued a “market perform” rating on shares of Omega Healthcare Investors in a research report on Monday, June 15th. Finally, Weiss Ratings downgraded Omega Healthcare Investors from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 16th. Five equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Omega Healthcare Investors presently has an average rating of “Hold” and a consensus price target of $48.31.

Get Our Latest Stock Analysis on Omega Healthcare Investors

Omega Healthcare Investors Trading Up 1.2%

NYSE OHI opened at $48.21 on Friday. The firm has a market capitalization of $14.36 billion, a price-to-earnings ratio of 23.29, a PEG ratio of 2.05 and a beta of 0.58. The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.32 and a current ratio of 5.32. Omega Healthcare Investors, Inc. has a one year low of $35.70 and a one year high of $49.33. The company’s 50 day moving average price is $46.46 and its 200 day moving average price is $45.75.

Omega Healthcare Investors (NYSE:OHIGet Free Report) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.02). Omega Healthcare Investors had a return on equity of 11.86% and a net margin of 51.14%.The business had revenue of $322.95 million for the quarter, compared to analysts’ expectations of $264.07 million. During the same quarter in the prior year, the firm earned $0.75 earnings per share. Omega Healthcare Investors’s quarterly revenue was up 16.7% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. On average, sell-side analysts predict that Omega Healthcare Investors, Inc. will post 3.1 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 4th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend was Monday, May 4th. Omega Healthcare Investors’s dividend payout ratio is 129.47%.

Omega Healthcare Investors Company 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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