UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 0.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,114,655 shares of the real estate investment trust’s stock after selling 10,743 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.70% of Omega Healthcare Investors worth $100,827,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in OHI. BlackRock Inc. purchased a new position in shares of Omega Healthcare Investors during the second quarter worth about $1,838,155,000. Bank of New York Mellon Corp acquired a new position in Omega Healthcare Investors in the 2nd quarter valued at about $275,230,000. Norges Bank purchased a new stake in Omega Healthcare Investors during the 4th quarter valued at approximately $156,166,000. Bank of America Corp DE purchased a new stake in Omega Healthcare Investors during the 2nd quarter valued at approximately $137,876,000. Finally, Invesco Ltd. lifted its position in Omega Healthcare Investors by 101.7% during the 3rd quarter. Invesco Ltd. now owns 4,944,921 shares of the real estate investment trust’s stock worth $208,775,000 after acquiring an additional 2,493,877 shares during the period. 65.25% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
OHI has been the topic of several analyst reports. Cantor Fitzgerald lifted their target price on Omega Healthcare Investors from $52.00 to $56.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Barclays decreased their price target on Omega Healthcare Investors from $51.00 to $50.00 and set an “underweight” rating for the company in a report on Monday. Mizuho lifted their price objective on shares of Omega Healthcare Investors from $45.00 to $46.00 and gave the company a “neutral” rating in a research report on Monday. Wells Fargo & Company dropped their price objective on shares of Omega Healthcare Investors from $49.00 to $48.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Finally, Truist Financial cut 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. Six equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $49.50.
Omega Healthcare Investors Trading Up 2.3%
Shares of OHI opened at $46.77 on Wednesday. The stock’s 50 day moving average is $48.36 and its two-hundred day moving average is $47.10. Omega Healthcare Investors, Inc. has a twelve month low of $39.26 and a twelve month high of $52.39. The firm has a market capitalization of $14.17 billion, a PE ratio of 16.70, a P/E/G ratio of 1.85 and a beta of 0.58.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.68. The business had revenue of $328.25 million during the quarter, compared to the consensus estimate of $266.97 million. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The company’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.77 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. On average, sell-side analysts predict that Omega Healthcare Investors, Inc. will post 3.12 EPS for the current year.
Omega Healthcare Investors Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were given a $0.68 dividend. The ex-dividend date was Monday, August 3rd. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a yield of 5.8%. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 97.14%.
Omega Healthcare Investors 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.
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