Mutual of America Capital Management LLC Has $5.28 Million Stake in Omega Healthcare Investors, Inc. $OHI

Mutual of America Capital Management LLC trimmed its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 0.8% in the second quarter, Holdings Channel reports. The fund owned 143,917 shares of the real estate investment trust’s stock after selling 1,140 shares during the period. Mutual of America Capital Management LLC’s holdings in Omega Healthcare Investors were worth $5,275,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Spirit of America Management Corp NY grew its stake in Omega Healthcare Investors by 17.9% in the second quarter. Spirit of America Management Corp NY now owns 39,500 shares of the real estate investment trust’s stock valued at $1,448,000 after acquiring an additional 6,000 shares during the period. Portland Financial Advisors Inc grew its stake in Omega Healthcare Investors by 0.9% in the second quarter. Portland Financial Advisors Inc now owns 51,732 shares of the real estate investment trust’s stock valued at $1,896,000 after acquiring an additional 455 shares during the period. New York State Teachers Retirement System grew its stake in Omega Healthcare Investors by 2.4% in the second quarter. New York State Teachers Retirement System now owns 328,857 shares of the real estate investment trust’s stock valued at $12,053,000 after acquiring an additional 7,678 shares during the period. Mutual Advisors LLC grew its stake in Omega Healthcare Investors by 0.8% in the second quarter. Mutual Advisors LLC now owns 301,818 shares of the real estate investment trust’s stock valued at $11,804,000 after acquiring an additional 2,510 shares during the period. Finally, Bayforest Capital Ltd grew its stake in Omega Healthcare Investors by 395.2% in the second quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 901 shares during the period. 65.25% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Lisa Egbuonu-Davis sold 2,500 shares of the stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $40.16, for a total transaction of $100,400.00. Following the completion of the transaction, the director directly owned 18,654 shares of the company’s stock, valued at approximately $749,144.64. This represents a 11.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.50% of the company’s stock.

Omega Healthcare Investors Stock Down 1.8%

OHI stock opened at $40.32 on Wednesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 7.10 and a quick ratio of 7.10. The stock has a market capitalization of $11.89 billion, a P/E ratio of 24.89, a P/E/G ratio of 1.92 and a beta of 0.70. The business has a 50-day moving average of $41.60 and a 200-day moving average of $38.93. Omega Healthcare Investors, Inc. has a fifty-two week low of $35.04 and a fifty-two week high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.32. The company had revenue of $235.60 million during the quarter, compared to analysts’ expectations of $248.49 million. Omega Healthcare Investors had a return on equity of 9.78% and a net margin of 42.23%.Omega Healthcare Investors’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.71 earnings per share. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. On average, sell-side analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have issued reports on OHI. Royal Bank Of Canada boosted their target price on Omega Healthcare Investors from $39.00 to $41.00 and gave the company a “sector perform” rating in a research note on Thursday, August 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Omega Healthcare Investors in a research report on Wednesday, October 8th. Scotiabank upped their price objective on Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 28th. Cantor Fitzgerald initiated 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, Wells Fargo & Company upped their price objective on Omega Healthcare Investors from $44.00 to $45.00 and gave the stock an “overweight” rating in a research report on Tuesday. Six analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Omega Healthcare Investors currently has a consensus rating of “Moderate Buy” and a consensus price target of $44.50.

Omega Healthcare Investors 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.