Gallacher Capital Management LLC Invests $595,000 in Omega Healthcare Investors, Inc. $OHI

Gallacher Capital Management LLC bought a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,578 shares of the real estate investment trust’s stock, valued at approximately $595,000.

Other hedge funds also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its position in Omega Healthcare Investors by 91.9% during the fourth quarter. BNP Paribas Financial Markets now owns 389,305 shares of the real estate investment trust’s stock valued at $17,262,000 after acquiring an additional 186,399 shares in the last quarter. CPC Advisors LLC acquired a new position in Omega Healthcare Investors in the fourth quarter valued at approximately $3,050,000. Pensionfund PDN purchased a new stake in Omega Healthcare Investors in the 4th quarter worth approximately $2,053,000. Oxbow Advisors LLC acquired a new stake in shares of Omega Healthcare Investors during the 1st quarter worth approximately $7,373,000. Finally, BOKF NA increased its holdings in shares of Omega Healthcare Investors by 51.8% during the 4th quarter. BOKF NA now owns 189,095 shares of the real estate investment trust’s stock valued at $8,384,000 after purchasing an additional 64,539 shares in the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on OHI. Raymond James Financial started coverage on shares of Omega Healthcare Investors in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $50.00 target price for the company. Barclays began coverage on shares of Omega Healthcare Investors in a report on Tuesday, July 7th. They issued an “underweight” rating and a $51.00 price objective for the company. Truist Financial decreased their price objective on shares of 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. Weiss Ratings raised shares of Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, June 30th. Finally, Bank of America reaffirmed 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. Five equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $48.50.

Omega Healthcare Investors Price Performance

Shares of NYSE OHI opened at $49.79 on Friday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.32 and a current ratio of 5.32. The firm has a fifty day moving average of $47.11 and a 200 day moving average of $46.19. The firm has a market cap of $14.83 billion, a PE ratio of 24.05, a PEG ratio of 2.05 and a beta of 0.58. Omega Healthcare Investors, Inc. has a one year low of $37.58 and a one year high of $50.10.

Omega Healthcare Investors (NYSE:OHI) last posted 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 net margin of 51.14% and a return on equity of 11.86%. The company had revenue of $322.95 million for the quarter, compared to analysts’ expectations of $264.07 million. During the same period in the previous year, the business earned $0.75 earnings per share. The business’s revenue for the quarter was up 16.7% on a year-over-year basis. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. As a group, research analysts predict that Omega Healthcare Investors, Inc. will post 3.09 EPS 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. 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 dividend on an annualized basis and a yield of 5.4%. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 129.47%.

Omega Healthcare Investors Company 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.