Bank of New York Mellon Corp Boosts Stock Holdings in Omega Healthcare Investors, Inc. $OHI

Bank of New York Mellon Corp grew its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 18.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,457,975 shares of the real estate investment trust’s stock after acquiring an additional 696,759 shares during the quarter. Bank of New York Mellon Corp’s holdings in Omega Healthcare Investors were worth $197,667,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its holdings in Omega Healthcare Investors by 40.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 268 shares during the last quarter. Rothschild Investment LLC boosted its holdings in Omega Healthcare Investors by 283.7% during the 4th quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 698 shares during the last quarter. Larson Financial Group LLC boosted its holdings in Omega Healthcare Investors by 345.2% during the 4th quarter. Larson Financial Group LLC now owns 984 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 763 shares during the last quarter. V Square Quantitative Management LLC purchased a new position in Omega Healthcare Investors during the 4th quarter worth $47,000. Finally, Clearstead Advisors LLC boosted its holdings in Omega Healthcare Investors by 123.7% during the 4th quarter. Clearstead Advisors LLC now owns 1,199 shares of the real estate investment trust’s stock worth $53,000 after acquiring an additional 663 shares during the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Cantor Fitzgerald boosted their price target on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. UBS Group boosted their price target on shares of Omega Healthcare Investors from $52.00 to $54.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Bank of America reissued an “underperform” rating and issued a $46.00 price target (down from $52.00) on shares of Omega Healthcare Investors in a report on Tuesday, April 14th. Scotiabank boosted their price target on shares of Omega Healthcare Investors from $48.00 to $50.00 and gave the stock a “sector perform” rating in a report on Thursday, May 21st. Finally, Royal Bank Of Canada boosted their price target on shares of Omega Healthcare Investors from $47.00 to $48.00 and gave the stock a “sector perform” rating in a report on Monday, May 4th. Six equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Omega Healthcare Investors has an average rating of “Hold” and an average target price of $49.17.

Omega Healthcare Investors Price Performance

Shares of NYSE:OHI opened at $44.53 on Friday. The company’s 50-day moving average is $46.28 and its 200 day moving average is $45.72. The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.32 and a current ratio of 5.32. The company has a market capitalization of $13.26 billion, a P/E ratio of 21.51, a price-to-earnings-growth ratio of 1.88 and a beta of 0.58. Omega Healthcare Investors, Inc. has a fifty-two week low of $35.70 and a fifty-two week high of $49.33.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.02). Omega Healthcare Investors had a return on equity of 11.86% and a net margin of 51.14%.The company had revenue of $322.96 million during the quarter, compared to analysts’ expectations of $264.07 million. During the same period last year, the firm posted $0.75 earnings per share. Omega Healthcare Investors’s quarterly revenue was up 16.7% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. On average, equities research analysts forecast that Omega Healthcare Investors, Inc. will post 3.07 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 4th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date was Monday, May 4th. Omega Healthcare Investors’s payout ratio is currently 129.47%.

Omega Healthcare Investors Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.