SageGuard Financial Group LLC Takes Position in Omega Healthcare Investors, Inc. $OHI

SageGuard Financial Group LLC acquired a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 37,985 shares of the real estate investment trust’s stock, valued at approximately $1,684,000.

Other hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC increased its holdings in shares of Omega Healthcare Investors by 40.9% during the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 268 shares in the last quarter. True Wealth Design LLC increased its holdings in shares of Omega Healthcare Investors by 273.5% during the third quarter. True Wealth Design LLC now owns 1,113 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 815 shares in the last quarter. V Square Quantitative Management LLC purchased a new stake in shares of Omega Healthcare Investors during the fourth quarter valued at $47,000. SJS Investment Consulting Inc. grew its holdings in shares of Omega Healthcare Investors by 1,159.0% during the third quarter. SJS Investment Consulting Inc. now owns 1,259 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 1,159 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Omega Healthcare Investors by 823.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,228 shares of the real estate investment trust’s stock valued at $54,000 after buying an additional 1,095 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Down 0.6%

Shares of Omega Healthcare Investors stock opened at $46.56 on Tuesday. 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 firm has a fifty day moving average price of $46.45 and a 200 day moving average price of $44.53. Omega Healthcare Investors, Inc. has a 1 year low of $35.08 and a 1 year high of $49.14. The stock has a market cap of $13.76 billion, a PE ratio of 24.12, a price-to-earnings-growth ratio of 2.08 and a beta of 0.59.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend was Monday, February 9th. Omega Healthcare Investors’s dividend payout ratio (DPR) is 138.86%.

Analysts Set New Price Targets

OHI has been the topic of a number of research analyst reports. UBS Group reissued a “buy” rating and set a $52.00 price objective on shares of Omega Healthcare Investors in a report on Friday, February 6th. Royal Bank Of Canada boosted their price objective on shares of Omega Healthcare Investors from $44.00 to $47.00 and gave the company a “sector perform” rating in a report on Tuesday, February 10th. The Goldman Sachs Group initiated coverage on shares of Omega Healthcare Investors in a report on Friday, January 9th. They set a “buy” rating and a $54.00 price objective on the stock. Wells Fargo & Company lifted their target price on Omega Healthcare Investors from $45.00 to $47.00 and gave the stock an “equal weight” rating in a report on Thursday, March 26th. Finally, Cantor Fitzgerald lifted their target price on Omega Healthcare Investors from $50.00 to $52.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Six investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $47.83.

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.