Caisse de depot et placement du Quebec Takes $19.78 Million Position in Omega Healthcare Investors, Inc. $OHI

Caisse de depot et placement du Quebec bought a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 414,800 shares of the real estate investment trust’s stock, valued at approximately $19,778,000. Caisse de depot et placement du Quebec owned 0.14% of Omega Healthcare Investors as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. BNP Paribas Financial Markets raised its position in Omega Healthcare Investors by 91.9% in the fourth quarter. BNP Paribas Financial Markets now owns 389,305 shares of the real estate investment trust’s stock valued at $17,262,000 after purchasing an additional 186,399 shares during the period. BOKF NA boosted its position in shares of Omega Healthcare Investors by 51.8% during the fourth quarter. BOKF NA now owns 189,095 shares of the real estate investment trust’s stock worth $8,384,000 after buying an additional 64,539 shares during the period. Oxbow Advisors LLC purchased a new position in shares of Omega Healthcare Investors during the first quarter worth $7,373,000. Geode Capital Management LLC grew its stake in shares of Omega Healthcare Investors by 9.4% in the fourth 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 buying an additional 734,774 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in shares of Omega Healthcare Investors by 12.2% in the fourth quarter. Legal & General Group Plc now owns 1,996,204 shares of the real estate investment trust’s stock valued at $88,512,000 after buying an additional 216,856 shares in the last quarter. 65.25% of the stock is owned by institutional investors.

Analysts Set New Price Targets

OHI has been the subject of several research reports. Scotiabank dropped 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. Raymond James Financial started coverage on shares of Omega Healthcare Investors in a research report on Tuesday, June 16th. They set an “outperform” rating and a $50.00 price target on the stock. Barclays started coverage on shares of Omega Healthcare Investors in a report on Tuesday, July 7th. They issued an “underweight” rating and a $51.00 price objective for the company. Citigroup upped their target price on shares of Omega Healthcare Investors from $52.00 to $58.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Finally, Truist Financial reduced their target price on shares of Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating on the stock in a report on Tuesday, June 9th. Six research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Omega Healthcare Investors presently has a consensus rating of “Hold” and an average target price of $49.21.

Omega Healthcare Investors Stock Performance

Shares of OHI opened at $45.96 on Friday. The stock has a 50-day simple moving average of $48.35 and a 200-day simple moving average of $47.09. The stock has a market capitalization of $13.93 billion, a PE ratio of 16.41, a PEG ratio of 1.87 and a beta of 0.57. Omega Healthcare Investors, Inc. has a 1 year low of $39.26 and a 1 year high of $52.39.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.68. The firm had revenue of $328.25 million for 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 business’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.77 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. Analysts predict that Omega Healthcare Investors, Inc. will post 3.12 EPS for the current year.

Omega Healthcare Investors Increases Dividend

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

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.