Cbre Investment Management Listed Real Assets LLC Makes New Investment in Omega Healthcare Investors, Inc. $OHI

Cbre Investment Management Listed Real Assets LLC bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 519,953 shares of the real estate investment trust’s stock, valued at approximately $21,952,000.

Other hedge funds have also bought and sold shares of the company. Royal Bank of Canada boosted its holdings in Omega Healthcare Investors by 29.4% during the 1st quarter. Royal Bank of Canada now owns 144,339 shares of the real estate investment trust’s stock worth $5,496,000 after acquiring an additional 32,798 shares during the last quarter. Focus Partners Wealth grew its stake in Omega Healthcare Investors by 3.1% in the 1st quarter. Focus Partners Wealth now owns 19,862 shares of the real estate investment trust’s stock valued at $756,000 after buying an additional 597 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Omega Healthcare Investors during the second quarter valued at about $257,000. Savant Capital LLC raised its position in shares of Omega Healthcare Investors by 9.4% in the second quarter. Savant Capital LLC now owns 17,384 shares of the real estate investment trust’s stock worth $637,000 after buying an additional 1,497 shares in the last quarter. Finally, AE Wealth Management LLC increased its position in shares of Omega Healthcare Investors by 12.1% in the second quarter. AE Wealth Management LLC now owns 9,912 shares of the real estate investment trust’s stock worth $363,000 after purchasing an additional 1,066 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock opened at $47.88 on Thursday. The firm has a 50-day moving average price of $45.57 and a 200-day moving average price of $43.82. The firm has a market capitalization of $14.15 billion, a PE ratio of 24.81, a price-to-earnings-growth ratio of 1.57 and a beta of 0.54. The company has a current ratio of 5.04, a quick ratio of 5.04 and a debt-to-equity ratio of 0.78. Omega Healthcare Investors, Inc. has a 12-month low of $35.04 and a 12-month 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 given a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $2.68 dividend on an annualized basis and a yield of 5.6%. Omega Healthcare Investors’s dividend payout ratio (DPR) is 138.86%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on OHI. Jefferies Financial Group reaffirmed a “hold” rating and issued a $45.00 price objective on shares of Omega Healthcare Investors in a research note on Monday, December 15th. Royal Bank Of Canada upped their target price on shares of Omega Healthcare Investors from $44.00 to $47.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 10th. Citigroup reiterated a “buy” rating and set a $50.00 price objective (up from $45.00) on shares of Omega Healthcare Investors in a research note on Wednesday, November 12th. The Goldman Sachs Group started coverage on shares of Omega Healthcare Investors in a report on Friday, January 9th. They set a “buy” rating and a $54.00 price target on the stock. Finally, BMO Capital Markets cut shares of Omega Healthcare Investors from an “outperform” rating to a “market perform” rating and set a $45.00 price objective for the company. in a report on Friday, January 9th. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $47.82.

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.