Militia Capital Partners LP Buys Shares of 36,000 Omega Healthcare Investors, Inc. $OHI

Militia Capital Partners LP purchased a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) during the third quarter, Holdings Channel reports. The fund purchased 36,000 shares of the real estate investment trust’s stock, valued at approximately $1,520,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in OHI. GeoWealth Management LLC increased its stake in shares of Omega Healthcare Investors by 1.3% in the third quarter. GeoWealth Management LLC now owns 18,850 shares of the real estate investment trust’s stock valued at $796,000 after buying an additional 239 shares during the period. Smartleaf Asset Management LLC grew its holdings in Omega Healthcare Investors by 40.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 268 shares during the last quarter. Guggenheim Capital LLC grew its holdings 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 acquiring an additional 280 shares during the last quarter. CI Investments Inc. increased its position in Omega Healthcare Investors by 19.8% in the 3rd quarter. CI Investments Inc. now owns 1,715 shares of the real estate investment trust’s stock valued at $72,000 after acquiring an additional 283 shares during the period. Finally, UMB Bank n.a. increased its position in Omega Healthcare Investors by 11.0% in the 3rd quarter. UMB Bank n.a. now owns 2,965 shares of the real estate investment trust’s stock valued at $125,000 after acquiring an additional 293 shares during the period. 65.25% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Scotiabank lifted their price target on shares of Omega Healthcare Investors from $45.00 to $48.00 and gave the stock a “sector perform” rating in a report on Monday, March 2nd. Royal Bank Of Canada increased their price objective on Omega Healthcare Investors from $44.00 to $47.00 and gave the company a “sector perform” rating in a report on Tuesday, February 10th. Weiss Ratings lowered Omega Healthcare Investors from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Thursday, March 5th. Truist Financial lifted their target price on Omega Healthcare Investors from $46.00 to $48.00 and gave the stock a “hold” rating in a report on Thursday, March 5th. Finally, Cantor Fitzgerald upped their price target on Omega Healthcare Investors from $50.00 to $52.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Six investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Omega Healthcare Investors currently has an average rating of “Hold” and an average price target of $47.82.

Omega Healthcare Investors Stock Down 0.5%

Shares of NYSE:OHI opened at $47.79 on Tuesday. The company has a market capitalization of $14.13 billion, a price-to-earnings ratio of 24.76, a P/E/G ratio of 1.56 and a beta of 0.54. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.04 and a quick ratio of 5.04. The business’s 50-day moving average is $45.80 and its 200-day moving average is $43.95. Omega Healthcare Investors, Inc. has a 1 year low of $35.04 and a 1 year high of $49.14.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date was Monday, February 9th. Omega Healthcare Investors’s payout ratio is presently 138.86%.

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.