Shepherd Financial Partners LLC Buys New Stake in Omega Healthcare Investors, Inc. $OHI

Shepherd Financial Partners LLC purchased a new position in Omega Healthcare Investors, Inc. (NYSE:OHI) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 15,438 shares of the real estate investment trust’s stock, valued at approximately $736,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Tocqueville Asset Management L.P. acquired a new stake in Omega Healthcare Investors during the second quarter valued at approximately $322,000. Denali Advisors LLC raised its holdings in shares of Omega Healthcare Investors by 2.0% in the 2nd quarter. Denali Advisors LLC now owns 30,287 shares of the real estate investment trust’s stock worth $1,444,000 after buying an additional 606 shares in the last quarter. NewEdge Wealth LLC acquired a new position in shares of Omega Healthcare Investors in the 2nd quarter worth approximately $207,000. Diversify Advisory Services LLC bought a new position in shares of Omega Healthcare Investors during the 2nd quarter worth approximately $2,181,000. Finally, Oxbow Advisors LLC bought a new position in shares of Omega Healthcare Investors during the 2nd quarter worth approximately $12,607,000. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

Shares of OHI opened at $46.94 on Thursday. The company has a market capitalization of $14.22 billion, a P/E ratio of 16.76, a PEG ratio of 1.88 and a beta of 0.57. Omega Healthcare Investors, Inc. has a one year low of $39.26 and a one year high of $52.39. The business’s 50 day simple moving average is $48.13 and its 200-day simple moving average is $46.98.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.68. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The firm had revenue of $328.25 million during the quarter, compared to analysts’ expectations of $266.97 million. During the same period last year, the firm posted $0.77 EPS. The business’s revenue was up 16.2% on a year-over-year basis. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. On average, sell-side analysts anticipate that Omega Healthcare Investors, Inc. will post 3.12 EPS for the current fiscal year.

Omega Healthcare Investors Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.68 per share. The ex-dividend date was Monday, August 3rd. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a dividend yield of 5.8%. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 97.14%.

Wall Street Analyst Weigh In

Several brokerages recently commented on OHI. Cantor Fitzgerald boosted their price target on Omega Healthcare Investors from $52.00 to $56.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Citigroup lifted their price objective on Omega Healthcare Investors from $52.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. BMO Capital Markets restated a “market perform” rating and issued a $52.00 target price on shares of Omega Healthcare Investors in a research note on Monday, May 4th. Scotiabank lowered their target price on shares of Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating on the stock in a report on Thursday, June 18th. Finally, Weiss Ratings upgraded shares of Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, June 30th. Six analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $49.21.

About Omega Healthcare Investors

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.