42,428 Shares in Omega Healthcare Investors, Inc. $OHI Purchased by Diversify Advisory Services LLC

Diversify Advisory Services LLC acquired a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 42,428 shares of the real estate investment trust’s stock, valued at approximately $2,181,000.

Other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Omega Healthcare Investors during the second quarter worth about $1,838,155,000. State Street Corp grew its position in shares of Omega Healthcare Investors by 4.8% in the second quarter. State Street Corp now owns 14,591,873 shares of the real estate investment trust’s stock valued at $534,792,000 after purchasing an additional 671,473 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Omega Healthcare Investors by 9.4% during the 4th quarter. Geode Capital Management LLC now owns 8,515,924 shares of the real estate investment trust’s stock worth $377,648,000 after purchasing an additional 734,774 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Omega Healthcare Investors during the 2nd quarter worth approximately $275,230,000. Finally, Invesco Ltd. raised its position in shares of Omega Healthcare Investors by 8.6% during the 4th quarter. Invesco Ltd. now owns 5,368,945 shares of the real estate investment trust’s stock worth $238,059,000 after purchasing an additional 424,024 shares during the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

OHI has been the topic of a number of recent research reports. Barclays started coverage on Omega Healthcare Investors in a research note on Tuesday, July 7th. They issued an “underweight” rating and a $51.00 target price on the stock. Wells Fargo & Company upped their price objective on Omega Healthcare Investors from $47.00 to $49.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Scotiabank decreased their price objective 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. Truist Financial dropped their price objective on Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating for the company in a research report on Tuesday, June 9th. Finally, Citigroup boosted their target price on shares of Omega Healthcare Investors from $52.00 to $58.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Six equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Omega Healthcare Investors currently has a consensus rating of “Hold” and an average target price of $49.21.

Omega Healthcare Investors Price Performance

OHI opened at $46.51 on Wednesday. Omega Healthcare Investors, Inc. has a 12 month low of $39.26 and a 12 month high of $52.39. The business has a 50-day moving average of $48.11 and a two-hundred day moving average of $46.95. The stock has a market capitalization of $14.09 billion, a price-to-earnings ratio of 16.61, a price-to-earnings-growth ratio of 1.97 and a beta of 0.57.

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

Omega Healthcare Investors Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.68 per share. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend was Monday, August 3rd. Omega Healthcare Investors’s payout ratio is 97.14%.

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.