LSV Asset Management Has $54.04 Million Holdings in Omega Healthcare Investors, Inc. $OHI

LSV Asset Management lessened its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 10.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,280,000 shares of the real estate investment trust’s stock after selling 151,900 shares during the period. LSV Asset Management owned approximately 0.43% of Omega Healthcare Investors worth $54,042,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted its stake in Omega Healthcare Investors by 40.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 268 shares during the period. Guggenheim Capital LLC increased its position in Omega Healthcare Investors by 1.0% during the 2nd quarter. Guggenheim Capital LLC now owns 29,398 shares of the real estate investment trust’s stock worth $1,077,000 after buying an additional 280 shares during the period. UMB Bank n.a. increased its position in Omega Healthcare Investors by 11.0% during the 3rd quarter. UMB Bank n.a. now owns 2,965 shares of the real estate investment trust’s stock worth $125,000 after buying an additional 293 shares during the period. Coldstream Capital Management Inc. lifted its holdings in shares of Omega Healthcare Investors by 0.5% during the second quarter. Coldstream Capital Management Inc. now owns 60,924 shares of the real estate investment trust’s stock worth $2,233,000 after buying an additional 301 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its position in shares of Omega Healthcare Investors by 4.1% in the third quarter. Arkadios Wealth Advisors now owns 9,401 shares of the real estate investment trust’s stock valued at $397,000 after acquiring an additional 371 shares during the period. Institutional investors own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on OHI shares. The Goldman Sachs Group initiated coverage on shares of Omega Healthcare Investors in a research report on Friday, January 9th. They set a “buy” rating and a $54.00 price target on the stock. Cantor Fitzgerald increased their target price on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the stock an “overweight” rating in a research report on Tuesday. Scotiabank raised their target price on shares of Omega Healthcare Investors from $42.00 to $45.00 and gave the stock a “sector perform” rating in a report on Thursday, November 13th. Wells Fargo & Company downgraded shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $48.00 to $45.00 in a research report on Thursday, January 29th. Finally, Citigroup reissued a “buy” rating and set a $50.00 price target (up previously from $45.00) on shares of Omega Healthcare Investors in a research report on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Omega Healthcare Investors has a consensus rating of “Moderate Buy” and an average target price of $47.36.

Omega Healthcare Investors Price Performance

Shares of NYSE:OHI opened at $47.06 on Friday. The company has a current ratio of 5.04, a quick ratio of 7.11 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $13.91 billion, a PE ratio of 24.38, a PEG ratio of 1.51 and a beta of 0.57. The firm has a 50 day moving average of $44.42 and a 200-day moving average of $42.85. Omega Healthcare Investors, Inc. has a 12 month low of $35.04 and a 12 month high of $47.94.

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th will be issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend is Monday, February 9th. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 138.86%.

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.