Xponance Inc. Sells 4,589 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Xponance Inc. lessened its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 13.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 28,732 shares of the real estate investment trust’s stock after selling 4,589 shares during the period. Xponance Inc.’s holdings in Omega Healthcare Investors were worth $984,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in OHI. Versant Capital Management Inc bought a new stake in Omega Healthcare Investors during the second quarter valued at about $26,000. WFA Asset Management Corp purchased a new position in shares of Omega Healthcare Investors during the 1st quarter valued at about $39,000. Covestor Ltd grew its stake in shares of Omega Healthcare Investors by 47.6% during the 1st quarter. Covestor Ltd now owns 1,337 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 431 shares during the period. Highlander Capital Management LLC increased its holdings in Omega Healthcare Investors by 52.0% in the 1st quarter. Highlander Capital Management LLC now owns 1,900 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 650 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Omega Healthcare Investors by 93.4% during the second quarter. GAMMA Investing LLC now owns 2,446 shares of the real estate investment trust’s stock valued at $84,000 after purchasing an additional 1,181 shares in the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Analyst Upgrades and Downgrades

OHI has been the subject of a number of recent analyst reports. Mizuho lowered shares of Omega Healthcare Investors from an “outperform” rating to a “neutral” rating and upped their price target for the stock from $34.00 to $35.00 in a research report on Thursday, July 25th. Truist Financial increased their price target on Omega Healthcare Investors from $33.00 to $39.00 and gave the stock a “hold” rating in a research note on Wednesday, September 4th. Scotiabank upped their price objective on Omega Healthcare Investors from $33.00 to $39.00 and gave the stock a “sector perform” rating in a research note on Monday, August 26th. Finally, Wells Fargo & Company raised Omega Healthcare Investors to a “strong-buy” rating in a research note on Friday, June 14th. Eight investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Omega Healthcare Investors has a consensus rating of “Hold” and a consensus target price of $34.89.

Omega Healthcare Investors Stock Down 0.3 %

Shares of OHI opened at $40.33 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 5.79 and a quick ratio of 5.79. The stock has a market capitalization of $9.97 billion, a price-to-earnings ratio of 36.33, a price-to-earnings-growth ratio of 1.32 and a beta of 1.00. Omega Healthcare Investors, Inc. has a 1 year low of $27.53 and a 1 year high of $41.53. The business’s 50 day simple moving average is $38.72 and its 200-day simple moving average is $34.29.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.45 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.20). Omega Healthcare Investors had a net margin of 33.52% and a return on equity of 8.61%. The business had revenue of $252.70 million for the quarter, compared to the consensus estimate of $205.92 million. During the same quarter last year, the business earned $0.74 EPS. Omega Healthcare Investors’s revenue for the quarter was up 17.5% compared to the same quarter last year. As a group, equities analysts expect that Omega Healthcare Investors, Inc. will post 2.69 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Monday, August 5th were paid a dividend of $0.67 per share. The ex-dividend date was Monday, August 5th. This represents a $2.68 annualized dividend and a yield of 6.65%. Omega Healthcare Investors’s payout ratio is currently 241.44%.

Omega Healthcare Investors Company Profile

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.