Omega Healthcare Investors, Inc. $OHI Shares Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd lifted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 506.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,986 shares of the real estate investment trust’s stock after buying an additional 56,773 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Omega Healthcare Investors were worth $2,492,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Farther Finance Advisors LLC grew its position in shares of Omega Healthcare Investors by 7.1% during the second quarter. Farther Finance Advisors LLC now owns 4,182 shares of the real estate investment trust’s stock worth $153,000 after buying an additional 279 shares in the last quarter. United Services Automobile Association grew its position in shares of Omega Healthcare Investors by 1.8% during the first quarter. United Services Automobile Association now owns 16,598 shares of the real estate investment trust’s stock worth $632,000 after buying an additional 291 shares in the last quarter. Optimum Investment Advisors grew its position in shares of Omega Healthcare Investors by 8.9% during the first quarter. Optimum Investment Advisors now owns 3,666 shares of the real estate investment trust’s stock worth $140,000 after buying an additional 300 shares in the last quarter. CreativeOne Wealth LLC grew its position in shares of Omega Healthcare Investors by 3.4% during the first quarter. CreativeOne Wealth LLC now owns 9,487 shares of the real estate investment trust’s stock worth $361,000 after buying an additional 310 shares in the last quarter. Finally, Values First Advisors Inc. grew its position in shares of Omega Healthcare Investors by 1.6% during the first quarter. Values First Advisors Inc. now owns 19,692 shares of the real estate investment trust’s stock worth $750,000 after buying an additional 314 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Insider Activity

In other news, Director Lisa Egbuonu-Davis sold 2,500 shares of the business’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $40.16, for a total transaction of $100,400.00. Following the completion of the transaction, the director owned 18,654 shares of the company’s stock, valued at approximately $749,144.64. The trade was a 11.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on OHI shares. Raymond James Financial reissued an “outperform” rating on shares of Omega Healthcare Investors in a research report on Tuesday, September 2nd. Mizuho raised their price objective on Omega Healthcare Investors from $37.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday, September 11th. Wells Fargo & Company raised their price objective on Omega Healthcare Investors from $44.00 to $45.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. Cantor Fitzgerald initiated coverage on Omega Healthcare Investors in a research note on Wednesday, October 1st. They set an “overweight” rating and a $50.00 price objective on the stock. Finally, Truist Financial raised their price objective on Omega Healthcare Investors from $39.00 to $44.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $43.86.

Omega Healthcare Investors Trading Up 1.0%

NYSE:OHI opened at $39.91 on Friday. Omega Healthcare Investors, Inc. has a 12-month low of $35.04 and a 12-month high of $44.42. The firm has a market capitalization of $11.77 billion, a P/E ratio of 24.64, a P/E/G ratio of 1.85 and a beta of 0.70. The company has a debt-to-equity ratio of 0.96, a current ratio of 7.10 and a quick ratio of 7.10. The business has a 50 day simple moving average of $41.47 and a 200 day simple moving average of $39.08.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.02. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The company had revenue of $260.74 million during the quarter, compared to the consensus estimate of $262.48 million. During the same quarter in the previous year, the company posted $0.71 earnings per share. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. Equities research analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Stockholders of record on Monday, November 3rd will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, November 3rd. This represents a $2.68 annualized dividend and a dividend yield of 6.7%. Omega Healthcare Investors’s payout ratio is 165.43%.

About Omega Healthcare Investors

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.