Prospera Financial Services Inc Acquires 16,164 Shares of Omega Healthcare Investors, Inc. $OHI

Prospera Financial Services Inc boosted its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 210.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,846 shares of the real estate investment trust’s stock after buying an additional 16,164 shares during the quarter. Prospera Financial Services Inc’s holdings in Omega Healthcare Investors were worth $875,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of OHI. Caitong International Asset Management Co. Ltd acquired a new position in shares of Omega Healthcare Investors during the 2nd quarter valued at about $26,000. Cullen Frost Bankers Inc. bought a new stake in Omega Healthcare Investors during the second quarter worth approximately $41,000. Bayforest Capital Ltd boosted its position in Omega Healthcare Investors by 395.2% during the second 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 period. MassMutual Private Wealth & Trust FSB grew its holdings in Omega Healthcare Investors by 562.3% during 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. Finally, Register Financial Advisors LLC bought a new position in shares of Omega Healthcare Investors in the second quarter valued at approximately $73,000. 65.25% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Omega Healthcare Investors news, CEO C Taylor Pickett acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, November 5th. The stock was bought 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 in the company, valued at $862,800. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CIO Vikas Gupta acquired 11,500 shares of Omega Healthcare Investors stock in a transaction dated Thursday, November 6th. The shares were acquired at an average cost of $42.97 per share, with a total value of $494,155.00. Following the completion of the acquisition, the executive directly owned 13,773 shares in the company, valued at $591,825.81. This trade represents a 505.94% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.50% of the stock is owned by insiders.

Omega Healthcare Investors Stock Down 0.6%

NYSE OHI opened at $43.42 on Friday. Omega Healthcare Investors, Inc. has a twelve month low of $35.04 and a twelve month high of $44.40. The company has a debt-to-equity ratio of 0.96, a quick ratio of 7.10 and a current ratio of 7.10. The stock has a market cap of $12.83 billion, a PE ratio of 26.80, a PEG ratio of 1.85 and a beta of 0.69. The firm has a 50-day simple moving average of $41.62 and a 200 day simple moving average of $39.43.

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

Omega Healthcare Investors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Monday, November 3rd will be given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Monday, November 3rd. Omega Healthcare Investors’s dividend payout ratio (DPR) is 149.72%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on OHI. Mizuho raised their target price on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the company a “neutral” rating in a research note on Thursday, September 11th. Wells Fargo & Company upped their price target on shares of Omega Healthcare Investors from $44.00 to $45.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. Raymond James Financial reiterated an “outperform” rating on shares of Omega Healthcare Investors in a research note on Tuesday, September 2nd. Cantor Fitzgerald began coverage on Omega Healthcare Investors in a research report on Wednesday, October 1st. They set an “overweight” rating and a $50.00 price objective for the company. Finally, Scotiabank increased their target price on Omega Healthcare Investors from $42.00 to $45.00 and gave the company a “sector perform” rating in a research note on Thursday. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $45.38.

Omega Healthcare Investors Company 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.