Norges Bank Takes $156.17 Million Position in Omega Healthcare Investors, Inc. $OHI

Norges Bank purchased a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 3,522,012 shares of the real estate investment trust’s stock, valued at approximately $156,166,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Bogart Wealth LLC boosted its holdings in shares of Omega Healthcare Investors by 2.3% in the 4th quarter. Bogart Wealth LLC now owns 10,461 shares of the real estate investment trust’s stock valued at $464,000 after buying an additional 237 shares during the period. GeoWealth Management LLC boosted its stake in Omega Healthcare Investors by 1.3% during the 3rd 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. Checchi Capital Advisers LLC boosted its stake in Omega Healthcare Investors by 3.3% during the 4th quarter. Checchi Capital Advisers LLC now owns 8,184 shares of the real estate investment trust’s stock valued at $363,000 after purchasing an additional 262 shares during the period. Inscription Capital LLC boosted its stake in Omega Healthcare Investors by 0.9% during the 4th quarter. Inscription Capital LLC now owns 29,814 shares of the real estate investment trust’s stock valued at $1,322,000 after purchasing an additional 268 shares during the period. Finally, Smartleaf Asset Management LLC boosted its stake in Omega Healthcare Investors by 40.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 268 shares during the period. 65.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

OHI has been the subject of a number of analyst reports. Truist Financial boosted their target price on shares of Omega Healthcare Investors from $46.00 to $48.00 and gave the company a “hold” rating in a research note on Thursday, March 5th. Wells Fargo & Company boosted their target price on shares of Omega Healthcare Investors from $47.00 to $49.00 and gave the company an “equal weight” rating in a research note on Monday. UBS Group boosted their target price on shares of Omega Healthcare Investors from $52.00 to $54.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Cantor Fitzgerald boosted their target price on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. Finally, Weiss Ratings lowered shares of Omega Healthcare Investors from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday. Six equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Omega Healthcare Investors currently has an average rating of “Hold” and a consensus price target of $49.17.

Omega Healthcare Investors Trading Down 1.6%

Shares of NYSE:OHI opened at $44.10 on Thursday. The company has a 50 day moving average of $46.30 and a 200-day moving average of $45.73. The firm has a market cap of $13.13 billion, a P/E ratio of 21.30, a P/E/G ratio of 1.93 and a beta of 0.58. Omega Healthcare Investors, Inc. has a twelve month low of $35.70 and a twelve month high of $49.33. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.81.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.02). The company had revenue of $322.96 million during the quarter, compared to analyst estimates of $264.07 million. Omega Healthcare Investors had a return on equity of 11.86% and a net margin of 51.14%.The company’s revenue was up 16.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.75 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. As a group, analysts anticipate that Omega Healthcare Investors, Inc. will post 3.07 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend was Monday, May 4th. Omega Healthcare Investors’s dividend payout ratio is currently 129.47%.

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.