Apollon Wealth Management LLC Buys Shares of 17,121 Omega Healthcare Investors, Inc. $OHI

Apollon Wealth Management LLC bought a new position in Omega Healthcare Investors, Inc. (NYSE:OHI) in the 1st quarter, Holdings Channel.com reports. The fund bought 17,121 shares of the real estate investment trust’s stock, valued at approximately $750,000.

Several other hedge funds also recently modified their holdings of OHI. Royal Bank of Canada raised its holdings in shares of Omega Healthcare Investors by 29.4% during the 1st quarter. Royal Bank of Canada now owns 144,339 shares of the real estate investment trust’s stock valued at $5,496,000 after purchasing an additional 32,798 shares in the last quarter. Focus Partners Wealth raised its holdings in Omega Healthcare Investors by 3.1% during the first quarter. Focus Partners Wealth now owns 19,862 shares of the real estate investment trust’s stock valued at $756,000 after buying an additional 597 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Omega Healthcare Investors in the second quarter worth about $257,000. Guggenheim Capital LLC lifted its position in shares of Omega Healthcare Investors by 1.0% in the second quarter. Guggenheim Capital LLC now owns 29,398 shares of the real estate investment trust’s stock worth $1,077,000 after buying an additional 280 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of Omega Healthcare Investors by 32.8% during the 2nd quarter. First Trust Advisors LP now owns 193,099 shares of the real estate investment trust’s stock worth $7,077,000 after acquiring an additional 47,649 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on OHI shares. Citigroup reissued a “market perform” rating on shares of Omega Healthcare Investors in a report on Monday, June 15th. Scotiabank decreased their target price on Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating for the company in a research report on Thursday, June 18th. Weiss Ratings upgraded Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday. 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 research report on Tuesday, April 14th. Finally, Raymond James Financial assumed coverage on shares of Omega Healthcare Investors in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $50.00 price objective for the company. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Omega Healthcare Investors currently has an average rating of “Hold” and an average target price of $48.31.

Omega Healthcare Investors Stock Performance

OHI opened at $49.38 on Friday. The stock has a market cap of $14.71 billion, a PE ratio of 23.86, a P/E/G ratio of 2.10 and a beta of 0.58. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.81. Omega Healthcare Investors, Inc. has a 1 year low of $35.70 and a 1 year high of $49.41. The stock’s 50 day simple moving average is $46.70 and its 200-day simple moving average is $45.88.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $322.95 million during the quarter, compared to the consensus estimate of $264.07 million. During the same period last year, the business earned $0.75 earnings per share. The firm’s revenue for the quarter 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. Sell-side analysts forecast that Omega Healthcare Investors, Inc. will post 3.1 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Monday, May 4th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 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.