Portland Financial Advisors Inc Acquires Shares of 48,712 Omega Healthcare Investors, Inc. $OHI

Portland Financial Advisors Inc purchased a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 48,712 shares of the real estate investment trust’s stock, valued at approximately $2,323,000. Omega Healthcare Investors comprises approximately 4.2% of Portland Financial Advisors Inc’s holdings, making the stock its 6th biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Csenge Advisory Group purchased a new stake in Omega Healthcare Investors during the 2nd quarter valued at approximately $2,112,000. Shepherd Financial Partners LLC purchased a new position in shares of Omega Healthcare Investors in the 2nd quarter valued at approximately $736,000. Tocqueville Asset Management L.P. purchased a new position in shares of Omega Healthcare Investors in the 2nd quarter valued at approximately $322,000. Denali Advisors LLC increased its holdings in shares of Omega Healthcare Investors by 2.0% in the second quarter. Denali Advisors LLC now owns 30,287 shares of the real estate investment trust’s stock valued at $1,444,000 after purchasing an additional 606 shares during the period. Finally, NewEdge Wealth LLC acquired a new position in shares of Omega Healthcare Investors in the second quarter valued at approximately $207,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Up 1.1%

Shares of OHI stock opened at $46.94 on Thursday. The company has a market cap of $14.22 billion, a price-to-earnings ratio of 16.76, a price-to-earnings-growth ratio of 1.88 and a beta of 0.57. The stock has a 50 day simple moving average of $48.13 and a 200-day simple moving average of $46.98. Omega Healthcare Investors, Inc. has a 12-month low of $39.26 and a 12-month high of $52.39.

Omega Healthcare Investors (NYSE:OHI) last posted 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 for the quarter, compared to the consensus estimate of $266.97 million. During the same period in the previous year, the business earned $0.77 earnings per share. The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. On average, equities analysts forecast that Omega Healthcare Investors, Inc. will post 3.12 earnings per share 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. Shareholders of record on Monday, August 3rd were issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 5.8%. This is an increase 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 97.14%.

Analyst Ratings Changes

OHI has been the subject of several analyst reports. Cantor Fitzgerald upped their price target on Omega Healthcare Investors from $52.00 to $56.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Royal Bank Of Canada boosted their price objective on shares of Omega Healthcare Investors from $47.00 to $48.00 and gave the company a “sector perform” rating in a research note on Monday, May 4th. UBS Group set a $47.00 price objective on shares of Omega Healthcare Investors in a research note on Thursday, June 18th. Wells Fargo & Company upped their price objective on shares of Omega Healthcare Investors from $47.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Finally, Truist Financial lowered 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 investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price 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.