Omega Healthcare Investors, Inc. $OHI Shares Purchased by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 87.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,758,110 shares of the real estate investment trust’s stock after acquiring an additional 817,897 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Omega Healthcare Investors were worth $64,435,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Omega Healthcare Investors by 3.9% during 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 in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Omega Healthcare Investors by 2.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 4,100,891 shares of the real estate investment trust’s stock valued at $156,162,000 after acquiring an additional 114,665 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Omega Healthcare Investors by 4.3% during the first quarter. Dimensional Fund Advisors LP now owns 4,058,107 shares of the real estate investment trust’s stock valued at $154,533,000 after acquiring an additional 165,554 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Omega Healthcare Investors by 6.4% during the first quarter. Bank of New York Mellon Corp now owns 3,123,152 shares of the real estate investment trust’s stock valued at $118,930,000 after acquiring an additional 188,481 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of 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 acquiring an additional 2,322,878 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

Shares of NYSE OHI opened at $40.48 on Monday. The stock has a market capitalization of $11.94 billion, a price-to-earnings ratio of 24.99, a PEG ratio of 1.89 and a beta of 0.70. Omega Healthcare Investors, Inc. has a 12 month low of $35.04 and a 12 month high of $44.42. The firm’s 50 day simple moving average is $41.59 and its 200-day simple moving average is $39.03. The company has a debt-to-equity ratio of 0.96, a current ratio of 7.10 and a quick ratio of 7.10.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.32. The business had revenue of $235.60 million for the quarter, compared to analysts’ expectations of $248.49 million. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The business’s revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the company earned $0.71 EPS. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. Analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on OHI shares. Wells Fargo & Company upped their price objective on shares of Omega Healthcare Investors from $44.00 to $45.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. Raymond James Financial reiterated an “outperform” rating on shares of Omega Healthcare Investors in a report on Tuesday, September 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Omega Healthcare Investors in a report on Saturday. Truist Financial increased their price target on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the stock a “hold” rating in a report on Wednesday, September 3rd. Finally, Royal Bank Of Canada increased their price target on shares of Omega Healthcare Investors from $39.00 to $41.00 and gave the stock a “sector perform” rating in a report on Thursday, August 7th. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $44.50.

Insider Activity at Omega Healthcare Investors

In related news, Director Lisa Egbuonu-Davis sold 2,500 shares of Omega Healthcare Investors 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 sale, the director owned 18,654 shares of the company’s stock, valued at approximately $749,144.64. This trade represents a 11.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.50% of the stock is owned by 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.