Hager Investment Management Services LLC Has $1.88 Million Stock Position in Omega Healthcare Investors, Inc. $OHI

Hager Investment Management Services LLC raised its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 3.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,207 shares of the real estate investment trust’s stock after purchasing an additional 1,799 shares during the quarter. Hager Investment Management Services LLC’s holdings in Omega Healthcare Investors were worth $1,877,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in OHI. AQR Capital Management LLC boosted its holdings in Omega Healthcare Investors by 430.8% during the first quarter. AQR Capital Management LLC now owns 2,862,117 shares of the real estate investment trust’s stock valued at $108,989,000 after purchasing an additional 2,322,878 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Omega Healthcare Investors by 3.9% in the first quarter. Vanguard Group Inc. now owns 39,554,886 shares of the real estate investment trust’s stock valued at $1,506,250,000 after acquiring an additional 1,492,904 shares during the last quarter. Invesco Ltd. raised its stake in shares of Omega Healthcare Investors by 122.3% in the first quarter. Invesco Ltd. now owns 2,416,560 shares of the real estate investment trust’s stock valued at $92,023,000 after acquiring an additional 1,329,324 shares during the last quarter. Nuveen LLC bought a new position in shares of Omega Healthcare Investors in the first quarter valued at approximately $42,513,000. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of Omega Healthcare Investors by 556.1% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,028,187 shares of the real estate investment trust’s stock valued at $39,143,000 after acquiring an additional 871,472 shares during the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on OHI. Mizuho lifted 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. Raymond James Financial reiterated an “outperform” rating on shares of Omega Healthcare Investors in a research note on Tuesday, September 2nd. Scotiabank lifted their target price on shares of Omega Healthcare Investors from $39.00 to $42.00 and gave the company a “sector perform” rating in a research note on Thursday, August 28th. Cantor Fitzgerald initiated coverage on shares of Omega Healthcare Investors in a research report on Wednesday, October 1st. They issued an “overweight” rating and a $50.00 price objective for the company. Finally, Royal Bank Of Canada boosted their price objective on shares of Omega Healthcare Investors from $39.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 7th. Seven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $44.44.

Omega Healthcare Investors Price Performance

Shares of OHI stock opened at $40.67 on Thursday. 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 $12.00 billion, a price-to-earnings ratio of 25.10, a price-to-earnings-growth ratio of 1.91 and a beta of 0.70. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.96. The firm has a fifty day moving average of $41.55 and a 200-day moving average of $38.77.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.32. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The company had revenue of $235.60 million during the quarter, compared to analyst estimates of $248.49 million. During the same quarter in the previous year, the business earned $0.71 EPS. The firm’s revenue was up 11.8% on a year-over-year basis. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. On average, equities research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Monday, August 4th were issued a $0.67 dividend. The ex-dividend date of this dividend was Monday, August 4th. This represents a $2.68 annualized dividend and a dividend yield of 6.6%. Omega Healthcare Investors’s payout ratio is 165.43%.

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 value of $100,400.00. Following the completion of the transaction, the director owned 18,654 shares of the company’s stock, valued at $749,144.64. The trade was a 11.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is owned by company insiders.

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.