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

LSV Asset Management lowered its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 10.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,280,000 shares of the real estate investment trust’s stock after selling 151,900 shares during the quarter. LSV Asset Management’s holdings in Omega Healthcare Investors were worth $54,042,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in OHI. Royal Bank of Canada lifted its stake in Omega Healthcare Investors by 29.4% in the 1st quarter. Royal Bank of Canada now owns 144,339 shares of the real estate investment trust’s stock valued at $5,496,000 after purchasing an additional 32,798 shares during the last quarter. Focus Partners Wealth increased its holdings in shares of Omega Healthcare Investors by 3.1% during the first quarter. Focus Partners Wealth now owns 19,862 shares of the real estate investment trust’s stock worth $756,000 after buying an additional 597 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of Omega Healthcare Investors in the 2nd quarter valued at $257,000. Callan Family Office LLC acquired a new stake in shares of Omega Healthcare Investors during the 2nd quarter valued at $249,000. Finally, Concurrent Investment Advisors LLC grew its position in Omega Healthcare Investors by 7.4% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 30,853 shares of the real estate investment trust’s stock worth $1,131,000 after acquiring an additional 2,124 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have commented on OHI. UBS Group reiterated a “buy” rating and issued a $52.00 target price on shares of Omega Healthcare Investors in a research report on Friday, February 6th. Citigroup reiterated a “buy” rating and issued a $50.00 price objective (up previously from $45.00) on shares of Omega Healthcare Investors in a report on Wednesday, November 12th. BMO Capital Markets downgraded shares of Omega Healthcare Investors from an “outperform” rating to a “market perform” rating and set a $45.00 target price on the stock. in a research report on Friday, January 9th. Truist Financial boosted their target price on shares of Omega Healthcare Investors from $44.00 to $46.00 and gave the stock a “hold” rating in a report on Monday, December 1st. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $45.00 price target on shares of Omega Healthcare Investors in a research note on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $47.36.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock opened at $47.06 on Friday. The stock’s 50 day moving average is $44.42 and its 200 day moving average is $42.85. Omega Healthcare Investors, Inc. has a one year low of $35.04 and a one year high of $47.94. The firm has a market cap of $13.91 billion, a P/E ratio of 24.38, a P/E/G ratio of 1.51 and a beta of 0.57. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.04 and a quick ratio of 7.11.

Omega Healthcare Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th will be paid 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 is currently 138.86%.

Omega Healthcare Investors 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.