Oxbow Advisors LLC Invests $12.61 Million in Omega Healthcare Investors, Inc. $OHI

Oxbow Advisors LLC acquired a new position in Omega Healthcare Investors, Inc. (NYSE:OHI) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 264,404 shares of the real estate investment trust’s stock, valued at approximately $12,607,000. Omega Healthcare Investors accounts for about 1.0% of Oxbow Advisors LLC’s portfolio, making the stock its 18th largest holding.

A number of other institutional investors have also recently bought and sold shares of the business. Resources Management Corp CT ADV boosted its stake in 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 valued at $27,000 after acquiring an additional 450 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in Omega Healthcare Investors by 40.9% during the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 268 shares during the period. Ascentis Independent Advisors purchased a new position in shares of Omega Healthcare Investors in the first quarter worth about $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Omega Healthcare Investors in the fourth quarter worth about $37,000. Finally, Rothschild Investment LLC raised its position in shares of Omega Healthcare Investors by 283.7% in the fourth quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 698 shares during the period. Institutional investors own 65.25% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. UBS Group set a $47.00 price target on shares of Omega Healthcare Investors in a research note on Thursday, June 18th. Cantor Fitzgerald boosted their target price on shares of Omega Healthcare Investors from $52.00 to $56.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Wells Fargo & Company boosted their target price on shares of Omega Healthcare Investors from $47.00 to $49.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Royal Bank Of Canada raised their price target on Omega Healthcare Investors from $47.00 to $48.00 and gave the stock a “sector perform” rating in a report on Monday, May 4th. Finally, Truist Financial cut their price target on Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating for the company in a report on Tuesday, June 9th. Six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Omega Healthcare Investors has an average rating of “Hold” and an average target price of $49.21.

Omega Healthcare Investors Stock Down 0.1%

Shares of OHI opened at $46.51 on Wednesday. The business’s 50-day moving average price is $48.11 and its 200-day moving average price is $46.95. Omega Healthcare Investors, Inc. has a twelve month low of $39.26 and a twelve month high of $52.39. The stock has a market cap of $14.09 billion, a PE ratio of 16.61, a P/E/G ratio of 1.97 and a beta of 0.57.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly 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. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The firm had revenue of $328.25 million for the quarter, compared to the consensus estimate of $266.97 million. During the same period in the prior year, the firm posted $0.77 earnings per share. The company’s revenue for the quarter was up 16.2% on a year-over-year basis. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. Analysts expect that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current fiscal year.

Omega Healthcare Investors Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were paid a $0.68 dividend. The ex-dividend date was Monday, August 3rd. This represents a $2.72 annualized dividend and a yield of 5.8%. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.67. Omega Healthcare Investors’s dividend payout ratio is currently 97.14%.

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.