Independent Financial Group LLC acquired a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The fund acquired 12,618 shares of the real estate investment trust’s stock, valued at approximately $553,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in OHI. Resources Management Corp CT ADV increased its stake in shares of Omega Healthcare Investors by 300.0% in the fourth quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 450 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of Omega Healthcare Investors by 40.9% in the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 268 shares during the period. Ascentis Independent Advisors purchased a new stake in shares of Omega Healthcare Investors during the 1st quarter valued at approximately $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Omega Healthcare Investors during the 4th quarter valued at approximately $37,000. Finally, Rothschild Investment LLC boosted its holdings in Omega Healthcare Investors by 283.7% in the 4th quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 698 shares during the period. Institutional investors own 65.25% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on OHI. Citigroup reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Monday, June 15th. Wells Fargo & Company increased their target price on Omega Healthcare Investors from $47.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. BMO Capital Markets reaffirmed a “market perform” rating and issued a $52.00 price target on shares of Omega Healthcare Investors in a report on Monday, May 4th. Royal Bank Of Canada lifted their price target on Omega Healthcare Investors from $47.00 to $48.00 and gave the company a “sector perform” rating in a research report on Monday, May 4th. Finally, Bank of America reiterated an “underperform” rating and set a $46.00 price objective (down from $52.00) on shares of Omega Healthcare Investors in a research note on Tuesday, April 14th. Five investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Omega Healthcare Investors presently has a consensus rating of “Hold” and an average target price of $48.50.
Omega Healthcare Investors Price Performance
OHI stock opened at $50.67 on Thursday. The firm has a 50 day moving average of $47.33 and a 200-day moving average of $46.35. The firm has a market capitalization of $15.09 billion, a P/E ratio of 24.48, a price-to-earnings-growth ratio of 2.16 and a beta of 0.58. Omega Healthcare Investors, Inc. has a 12 month low of $38.22 and a 12 month high of $51.05. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.81.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.02). Omega Healthcare Investors had a return on equity of 11.86% and a net margin of 51.14%.The firm had revenue of $322.95 million for the quarter, compared to the consensus estimate of $264.07 million. During the same period last year, the company posted $0.75 EPS. The business’s revenue 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, sell-side analysts predict that Omega Healthcare Investors, Inc. will post 3.09 earnings per share for the current fiscal year.
About Omega Healthcare Investors
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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