Kingsview Wealth Management LLC Invests $677,000 in Omega Healthcare Investors, Inc. $OHI

Kingsview Wealth Management LLC bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,205 shares of the real estate investment trust’s stock, valued at approximately $677,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in Omega Healthcare Investors during the 2nd quarter valued at about $1,838,155,000. Bank of New York Mellon Corp acquired a new position in shares of Omega Healthcare Investors in the second quarter valued at about $275,230,000. Norges Bank purchased a new position in shares of Omega Healthcare Investors in the fourth quarter worth about $156,166,000. Bank of America Corp DE purchased a new position in shares of Omega Healthcare Investors in the second quarter worth about $137,876,000. Finally, Invesco Ltd. lifted its holdings in shares of Omega Healthcare Investors by 101.7% during the third quarter. Invesco Ltd. now owns 4,944,921 shares of the real estate investment trust’s stock worth $208,775,000 after purchasing an additional 2,493,877 shares during the period. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Down 0.1%

Omega Healthcare Investors stock opened at $45.96 on Monday. The business’s 50-day moving average price is $48.35 and its 200 day moving average price is $47.10. The firm has a market cap of $13.93 billion, a price-to-earnings ratio of 16.41, a price-to-earnings-growth ratio of 1.86 and a beta of 0.57. Omega Healthcare Investors, Inc. has a 52 week low of $39.26 and a 52 week high of $52.39.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.68. The company had revenue of $328.25 million during the quarter, compared to the consensus estimate of $266.97 million. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.Omega Healthcare Investors’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.77 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. Equities analysts expect that Omega Healthcare Investors, Inc. will post 3.12 EPS for the current year.

Omega Healthcare Investors Increases Dividend

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

Wall Street Analyst Weigh In

OHI has been the topic of a number of recent research reports. Barclays began coverage on Omega Healthcare Investors in a research report on Tuesday, July 7th. They issued an “underweight” rating and a $51.00 target price on the stock. Raymond James Financial assumed coverage on shares of Omega Healthcare Investors in a research note on Tuesday, June 16th. They set an “outperform” rating and a $50.00 price objective for the company. Cantor Fitzgerald upped their price objective on shares of Omega Healthcare Investors from $52.00 to $56.00 and gave the company an “overweight” rating in a report on Friday, July 31st. UBS Group set a $47.00 price objective on shares of Omega Healthcare Investors in a research note on Thursday, June 18th. Finally, Truist Financial reduced their target price on shares of Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating for the company in a report on Tuesday, June 9th. Six research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Omega Healthcare Investors currently has an average rating of “Hold” and an average price target of $49.21.

Omega Healthcare Investors Company 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.