MAI Capital Management Increases Stock Holdings in Omega Healthcare Investors, Inc. $OHI

MAI Capital Management grew its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 65.2% during the second quarter, Holdings Channel reports. The firm owned 7,786 shares of the real estate investment trust’s stock after purchasing an additional 3,072 shares during the period. MAI Capital Management’s holdings in Omega Healthcare Investors were worth $285,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC grew its position in shares of Omega Healthcare Investors by 7.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,182 shares of the real estate investment trust’s stock valued at $153,000 after buying an additional 279 shares during the last quarter. United Services Automobile Association boosted its stake in Omega Healthcare Investors by 1.8% in the first quarter. United Services Automobile Association now owns 16,598 shares of the real estate investment trust’s stock valued at $632,000 after acquiring an additional 291 shares in the last quarter. CreativeOne Wealth LLC boosted its stake in Omega Healthcare Investors by 3.4% in the first quarter. CreativeOne Wealth LLC now owns 9,487 shares of the real estate investment trust’s stock valued at $361,000 after acquiring an additional 310 shares in the last quarter. Maridea Wealth Management LLC grew its holdings in shares of Omega Healthcare Investors by 1.7% during the second quarter. Maridea Wealth Management LLC now owns 19,146 shares of the real estate investment trust’s stock worth $702,000 after purchasing an additional 329 shares during the last quarter. Finally, UniSuper Management Pty Ltd increased its position in shares of Omega Healthcare Investors by 0.5% during the first quarter. UniSuper Management Pty Ltd now owns 76,200 shares of the real estate investment trust’s stock worth $2,902,000 after purchasing an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on OHI. Weiss Ratings reissued a “buy (b)” rating on shares of Omega Healthcare Investors in a research report on Wednesday, October 8th. Wells Fargo & Company boosted their price objective on Omega Healthcare Investors from $45.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday. Royal Bank Of Canada raised their target price on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 6th. Citigroup reaffirmed a “buy” rating and issued a $50.00 target price (up from $45.00) on shares of Omega Healthcare Investors in a report on Wednesday, November 12th. Finally, Cantor Fitzgerald started 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 target for the company. Seven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and a consensus price target of $46.22.

Insider Buying and Selling

In other Omega Healthcare Investors news, CIO Vikas Gupta acquired 11,500 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The shares were purchased at an average price of $42.97 per share, with a total value of $494,155.00. Following the completion of the acquisition, the executive directly owned 13,773 shares of the company’s stock, valued at approximately $591,825.81. The trade was a 505.94% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO C Taylor Pickett acquired 20,000 shares of the business’s stock in a transaction on Wednesday, November 5th. The stock was acquired at an average price of $43.14 per share, with a total value of $862,800.00. Following the transaction, the chief executive officer directly owned 20,000 shares of the company’s stock, valued at $862,800. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.50% of the company’s stock.

Omega Healthcare Investors Stock Up 0.8%

Shares of Omega Healthcare Investors stock opened at $45.88 on Thursday. Omega Healthcare Investors, Inc. has a one year low of $35.04 and a one year high of $46.16. The company has a market cap of $13.56 billion, a P/E ratio of 28.32, a PEG ratio of 1.85 and a beta of 0.69. The company has a debt-to-equity ratio of 0.96, a quick ratio of 7.10 and a current ratio of 7.10. The firm has a fifty day moving average of $42.03 and a two-hundred day moving average of $39.94.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.02. The business had revenue of $311.59 million for the quarter, compared to analyst estimates of $262.48 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 14.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.71 earnings per share. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. On average, analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Monday, November 3rd were given a dividend of $0.67 per share. The ex-dividend date was Monday, November 3rd. This represents a $2.68 annualized dividend and a yield of 5.8%. Omega Healthcare Investors’s payout ratio is presently 149.72%.

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.