Public Employees Retirement System of Ohio Sells 67,335 Shares of Omega Healthcare Investors, Inc. $OHI

Public Employees Retirement System of Ohio lowered its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 13.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 435,353 shares of the real estate investment trust’s stock after selling 67,335 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Omega Healthcare Investors were worth $19,077,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of OHI. Resources Management Corp CT ADV boosted its position in shares of Omega Healthcare Investors by 300.0% during the fourth quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 450 shares during the last quarter. Ascentis Independent Advisors purchased a new position in Omega Healthcare Investors in the 1st quarter worth about $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in Omega Healthcare Investors in the 4th quarter worth about $37,000. Smartleaf Asset Management LLC lifted 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 acquiring an additional 268 shares during the period. Finally, Rothschild Investment LLC lifted its stake in Omega Healthcare Investors by 283.7% during the 4th quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 698 shares during the period. 65.25% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on OHI. Scotiabank reduced their price target on shares of Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating for the company in a research note on Thursday, June 18th. Truist Financial lowered their price objective on shares of Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating on the stock in a research report on Tuesday, June 9th. BMO Capital Markets restated a “market perform” rating and issued a $52.00 target price on shares of Omega Healthcare Investors in a report on Monday, May 4th. Barclays assumed coverage on shares of Omega Healthcare Investors in a research report on Tuesday, July 7th. They issued an “underweight” rating and a $51.00 target price for the company. Finally, Bank of America reissued an “underperform” rating and set a $46.00 price target (down from $52.00) on shares of Omega Healthcare Investors in a report on Tuesday, April 14th. Five analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Omega Healthcare Investors has an average rating of “Hold” and an average target price of $48.50.

Omega Healthcare Investors Trading Up 1.5%

Omega Healthcare Investors stock opened at $51.75 on Friday. The business has a 50-day simple moving average of $47.49 and a two-hundred day simple moving average of $46.43. The company has a market cap of $15.41 billion, a P/E ratio of 25.00, a P/E/G ratio of 2.21 and a beta of 0.58. Omega Healthcare Investors, Inc. has a 52-week low of $38.22 and a 52-week high of $51.92. The company has a quick ratio of 5.32, a current ratio of 5.32 and a debt-to-equity ratio of 0.81.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 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 business 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 company earned $0.75 EPS. Omega Healthcare Investors’s revenue for the quarter was up 16.7% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. Analysts predict that Omega Healthcare Investors, Inc. will post 3.09 EPS for the current year.

Omega Healthcare Investors Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Monday, August 3rd will be issued a dividend of $0.68 per share. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Monday, August 3rd. Omega Healthcare Investors’s dividend payout ratio is currently 129.47%.

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.