Xponance Inc. owns $818,000 in shares in Omega Healthcare Investors, Inc. (NYSE: OHI)


Xponance Inc. reduced its position in Omega Healthcare Investors, Inc. (NYSE: IHOGet a rating) by 1.4% in Q1, according to the company in its latest 13F filing with the Securities and Exchange Commission (SEC). The company held 26,267 shares of the real estate investment trust after selling 374 shares during the period. Xponance Inc.’s holdings in Omega Healthcare Investors were worth $818,000 at the end of the most recent period.

A number of other hedge funds have also recently increased or reduced their holdings in OHI. Crossmark Global Holdings Inc. increased its stake in Omega Healthcare Investors by 18.0% during the 4th quarter. Crossmark Global Holdings Inc. now owns 21,341 shares of the real estate investment trust valued at $631,000 after buying 3,250 additional shares in the last quarter. Louisiana State Employees Retirement System increased its stake in Omega Healthcare Investors by 0.8% during the 4th quarter. The Louisiana State Employees Retirement System now owns 61,400 shares of the real estate investment trust worth $1,817,000 after buying 500 more shares in the last quarter. Spire Wealth Management increased its stake in Omega Healthcare Investors by 11.9% during the 4th quarter. Spire Wealth Management now owns 34,331 shares of the real estate investment trust valued at $1,016,000 after buying 3,638 additional shares in the last quarter. First National Bank of South Miami increased its stake in Omega Healthcare Investors by 39.3% during the 4th quarter. First National Bank of South Miami now owns 1,778 shares of the real estate investment trust valued at $53,000 after buying 502 additional shares in the last quarter. Finally, NuWave Investment Management LLC increased its stake in Omega Healthcare Investors by 55.2% during the 4th quarter. NuWave Investment Management LLC now owns 20,648 shares of the real estate investment trust worth $611,000 after purchasing an additional 7,346 shares in the last quarter. Institutional investors and hedge funds hold 65.91% of the company’s shares.

NYSE: IHO opened at $28.86 on Wednesday. The company has a current ratio of 5.18, a quick ratio of 5.18 and a debt ratio of 1.36. The stock has a market capitalization of $6.79 billion, a PE ratio of 15.43, a growth price-earnings ratio of 6.15 and a beta of 0.98. The company’s 50-day moving average is $28.57 and its 200-day moving average is $28.95. Omega Healthcare Investors, Inc. has a 12-month low of $24.81 and a 12-month high of $37.96.

Omega Health Investors (NYSE: IHOGet a rating) last released its quarterly results on Monday, May 2. The real estate investment trust reported EPS of $0.79 for the quarter, beating analyst consensus estimates of $0.67 by $0.12. Omega Healthcare Investors posted a net margin of 42.99% and a return on equity of 10.70%. During the same period a year earlier, the company posted EPS of $0.85. Research analysts predict that Omega Healthcare Investors, Inc. will post earnings per share of 2.89 for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, May 13. Shareholders of record on Monday, May 2 received a dividend of $0.67 per share. This is a boost from Omega Healthcare Investors’ previous quarterly dividend of $0.18. The ex-dividend date was Friday, April 29. This represents a dividend of $2.68 on an annualized basis and a yield of 9.29%. Omega Healthcare Investors’ payout ratio is currently 143.32%.

A number of research companies have published reports on the IHO. Barclays assumed cover for Omega Healthcare Investors in a Tuesday, April 26 research note. They set an “equal weight” rating and a price target of $29.00 for the company. Capital One Financial assumed coverage for Omega Healthcare Investors shares in a Friday, June 3 research report. They set an “equal weight” rating and a target price of $33.00 on the stock. StockNews.com assumed coverage of Omega Healthcare Investors shares in a Thursday, March 31, research report. They have placed a “holding” rating on the stock. Raymond James lowered his price target on Omega Healthcare Investors stock from $35.00 to $33.00 and gave the stock an “outperform” rating in a research report on Friday, March 18. Finally, Truist Financial lowered its price target on Omega Healthcare Investors shares from $33.00 to $30.00 and set a “hold” rating on the stock in a Tuesday, June 14 research report. . One research analyst gave the stock a sell rating, nine gave the stock a hold rating and three gave the stock a buy rating. Based on data from MarketBeat.com, Omega Healthcare Investors currently has a consensus rating of “Hold” and a consensus price target of $32.45.

About Omega Healthcare Investors (Get a rating)

Omega is a real estate investment trust that invests in the long-term healthcare sector, primarily in skilled nursing and assisted living facilities. Its asset portfolio is operated by a diverse group of healthcare businesses, primarily in a triple net lease structure. Assets cover all regions of the United States, as well as the United Kingdom.

See also

Want to see what other hedge funds hold OHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for Omega Healthcare Investors, Inc. (NYSE: IHOGet a rating).

Institutional Ownership by Quarter for Investors Omega Healthcare (NYSE: OHI)



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