LSV Asset Management Has $52.48 Million Holdings in Omega Healthcare Investors, Inc. $OHI

LSV Asset Management decreased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 10.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,431,900 shares of the real estate investment trust’s stock after selling 160,100 shares during the quarter. LSV Asset Management owned about 0.49% of Omega Healthcare Investors worth $52,479,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new position in Omega Healthcare Investors in the second quarter valued at approximately $26,000. CENTRAL TRUST Co lifted its stake in shares of Omega Healthcare Investors by 1,654.4% in the 2nd quarter. CENTRAL TRUST Co now owns 1,000 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 943 shares during the period. Bayforest Capital Ltd boosted its position in shares of Omega Healthcare Investors by 395.2% in the 2nd quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 901 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new stake in shares of Omega Healthcare Investors during the second quarter worth $41,000. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in Omega Healthcare Investors by 562.3% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,828 shares of the real estate investment trust’s stock valued at $67,000 after purchasing an additional 1,552 shares during the last quarter. 65.25% of the stock is owned by institutional investors.

Omega Healthcare Investors Stock Up 0.5%

Omega Healthcare Investors stock opened at $44.20 on Tuesday. The company has a 50 day moving average of $41.65 and a 200-day moving average of $39.52. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.96. Omega Healthcare Investors, Inc. has a twelve month low of $35.04 and a twelve month high of $44.40. The stock has a market capitalization of $13.06 billion, a PE ratio of 27.28, a price-to-earnings-growth ratio of 1.85 and a beta of 0.69.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.02. The business had revenue of $311.59 million for the quarter, compared to analyst estimates of $262.48 million. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. During the same period last year, the business posted $0.71 earnings per share. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. On average, equities research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Monday, November 3rd were paid a $0.67 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This represents a $2.68 annualized dividend and a dividend yield of 6.1%. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 149.72%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on OHI shares. Wells Fargo & Company raised their target price on Omega Healthcare Investors from $44.00 to $45.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Omega Healthcare Investors in a research note on Wednesday, October 8th. Cantor Fitzgerald initiated coverage on shares of Omega Healthcare Investors in a report on Wednesday, October 1st. They set an “overweight” rating and a $50.00 price objective for the company. Truist Financial upped their target price on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the company a “hold” rating in a research note on Wednesday, September 3rd. Finally, Mizuho increased their target price on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday, September 11th. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $45.38.

Insider Transactions at Omega Healthcare Investors

In other news, CEO C Taylor Pickett bought 20,000 shares of the business’s stock in a transaction on Wednesday, November 5th. The shares were purchased at an average price of $43.14 per share, for a total transaction of $862,800.00. Following the purchase, the chief executive officer owned 20,000 shares of the company’s stock, valued at approximately $862,800. The trade was a ? increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CIO Vikas Gupta purchased 11,500 shares of Omega Healthcare Investors stock in a transaction on Thursday, November 6th. The shares were purchased at an average cost of $42.97 per share, with a total value of $494,155.00. Following the transaction, the executive owned 13,773 shares in the company, valued at approximately $591,825.81. The trade was a 505.94% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 1.50% of the company’s stock.

Omega Healthcare Investors Profile

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.