Machina Capital S.A.S. Invests $639,000 in Omega Healthcare Investors, Inc. $OHI

Machina Capital S.A.S. bought a new position in Omega Healthcare Investors, Inc. (NYSE:OHI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 17,425 shares of the real estate investment trust’s stock, valued at approximately $639,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of Montreal Can grew its holdings in shares of Omega Healthcare Investors by 367.5% in the second quarter. Bank of Montreal Can now owns 378,754 shares of the real estate investment trust’s stock worth $13,881,000 after purchasing an additional 297,742 shares during the last quarter. Burney Co. grew its holdings in shares of Omega Healthcare Investors by 31.7% in the second quarter. Burney Co. now owns 367,807 shares of the real estate investment trust’s stock worth $13,480,000 after purchasing an additional 88,531 shares during the last quarter. State of Michigan Retirement System grew its holdings in shares of Omega Healthcare Investors by 3.1% in the second quarter. State of Michigan Retirement System now owns 69,563 shares of the real estate investment trust’s stock worth $2,549,000 after purchasing an additional 2,100 shares during the last quarter. Simon Quick Advisors LLC lifted its stake in Omega Healthcare Investors by 19.7% in the second quarter. Simon Quick Advisors LLC now owns 29,981 shares of the real estate investment trust’s stock worth $1,099,000 after acquiring an additional 4,924 shares during the period. Finally, Strs Ohio lifted its stake in Omega Healthcare Investors by 51.9% in the second quarter. Strs Ohio now owns 340,167 shares of the real estate investment trust’s stock worth $12,467,000 after acquiring an additional 116,154 shares during the period. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Performance

Shares of Omega Healthcare Investors stock opened at $41.95 on Tuesday. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $12.38 billion, a P/E ratio of 25.90, a P/E/G ratio of 1.85 and a beta of 0.70. The business has a fifty day simple moving average of $41.47 and a two-hundred day simple moving average of $39.15. Omega Healthcare Investors, Inc. has a 12 month low of $35.04 and a 12 month high of $43.40.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.79 EPS for the quarter, beating the consensus estimate of $0.77 by $0.02. The business had revenue of $260.74 million during the quarter, compared to analyst estimates of $262.48 million. Omega Healthcare Investors had a return on equity of 9.78% and a net margin of 42.23%.The company’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.71 earnings per share. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. On average, equities analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Stockholders of record on Monday, November 3rd will be issued a dividend of $0.67 per share. The ex-dividend date is Monday, November 3rd. This represents a $2.68 annualized dividend and a dividend yield of 6.4%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 149.72%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on OHI shares. Royal Bank Of Canada raised their price target on Omega Healthcare Investors from $39.00 to $41.00 and gave the stock 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 note on Wednesday, October 8th. Truist Financial raised their price target on Omega Healthcare Investors from $39.00 to $44.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Raymond James Financial reaffirmed an “outperform” rating on shares of Omega Healthcare Investors in a research note on Tuesday, September 2nd. Finally, Mizuho raised their price target on Omega Healthcare Investors from $37.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday, September 11th. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $43.86.

Insider Activity

In other news, Director Lisa Egbuonu-Davis sold 2,500 shares of Omega Healthcare Investors stock in a transaction dated Friday, August 8th. The stock was 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is currently owned by corporate 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.