VIRGINIA RETIREMENT SYSTEMS ET Al Makes New Investment in Omega Healthcare Investors, Inc. $OHI

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) in the second quarter, Holdings Channel.com reports. The fund purchased 266,765 shares of the real estate investment trust’s stock, valued at approximately $12,719,000.

A number of other large investors have also made changes to their positions in the stock. BlackRock Inc. purchased a new stake in Omega Healthcare Investors during the second quarter worth about $1,838,155,000. California State Teachers Retirement System increased its holdings in Omega Healthcare Investors by 4,652.4% in the second quarter. California State Teachers Retirement System now owns 16,435,725 shares of the real estate investment trust’s stock valued at $783,655,000 after buying an additional 16,089,882 shares in the last quarter. State Street Corp increased its holdings in Omega Healthcare Investors by 4.8% in the second quarter. State Street Corp now owns 14,591,873 shares of the real estate investment trust’s stock valued at $534,792,000 after buying an additional 671,473 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Omega Healthcare Investors by 9.4% during the 4th quarter. Geode Capital Management LLC now owns 8,515,924 shares of the real estate investment trust’s stock valued at $377,648,000 after acquiring an additional 734,774 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Omega Healthcare Investors during the 2nd quarter valued at approximately $275,230,000. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock opened at $46.41 on Tuesday. Omega Healthcare Investors, Inc. has a 12-month low of $39.26 and a 12-month high of $52.39. The stock has a market capitalization of $14.06 billion, a P/E ratio of 16.58, a P/E/G ratio of 1.88 and a beta of 0.58. The firm’s 50-day moving average is $48.28 and its two-hundred day moving average is $47.08.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data 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. The business had revenue of $328.25 million during the quarter, compared to analyst estimates of $266.97 million. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The company’s revenue was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.77 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. As a group, analysts forecast that Omega Healthcare Investors, Inc. will post 3.12 EPS for the current year.

Omega Healthcare Investors Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were issued a $0.68 dividend. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.67. The ex-dividend date was Monday, August 3rd. This represents a $2.72 annualized dividend and a yield of 5.9%. Omega Healthcare Investors’s payout ratio is presently 97.14%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Weiss Ratings upgraded Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday, June 30th. Mizuho lifted their price objective on Omega Healthcare Investors from $45.00 to $46.00 and gave the stock a “neutral” rating in a report on Monday, August 31st. Truist Financial reduced their price objective on Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating for the company in a report on Tuesday, June 9th. Barclays decreased their target price on Omega Healthcare Investors from $51.00 to $50.00 and set an “underweight” rating on the stock in a research report on Monday, August 31st. Finally, Raymond James Financial initiated coverage on Omega Healthcare Investors in a report on Tuesday, June 16th. They issued an “outperform” rating and a $50.00 target price on the stock. Six analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $49.50.

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.