Metis Global Partners LLC Boosts Stock Position in Omega Healthcare Investors, Inc. $OHI

Metis Global Partners LLC increased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 36.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,227 shares of the real estate investment trust’s stock after buying an additional 17,279 shares during the period. Metis Global Partners LLC’s holdings in Omega Healthcare Investors were worth $2,754,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd purchased a new stake in Omega Healthcare Investors in the 2nd quarter worth $26,000. Smartleaf Asset Management LLC grew its position in shares of Omega Healthcare Investors by 40.9% in the second 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. CENTRAL TRUST Co increased its stake in shares of Omega Healthcare Investors by 1,654.4% during the second quarter. CENTRAL TRUST Co now owns 1,000 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 943 shares in the last quarter. Salem Investment Counselors Inc. acquired a new position in shares of Omega Healthcare Investors during the 3rd quarter worth about $39,000. Finally, Bayforest Capital Ltd lifted its stake in Omega Healthcare Investors by 395.2% in the 2nd quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 901 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on OHI shares. Weiss Ratings upgraded Omega Healthcare Investors from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, January 26th. Citigroup reaffirmed a “buy” rating and issued a $50.00 price target (up from $45.00) on shares of Omega Healthcare Investors in a research note on Wednesday, November 12th. 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 research note on Tuesday. Jefferies Financial Group restated a “hold” rating and issued a $45.00 price objective on shares of Omega Healthcare Investors in a report on Monday, December 15th. Finally, BMO Capital Markets lowered shares of Omega Healthcare Investors from an “outperform” rating to a “market perform” rating and set a $45.00 target price for the company. in a report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Omega Healthcare Investors currently has an average rating of “Moderate Buy” and an average price target of $47.36.

Omega Healthcare Investors Stock Performance

Shares of Omega Healthcare Investors stock opened at $47.41 on Friday. The business’s 50 day moving average price is $44.46 and its 200 day moving average price is $42.94. The company has a market cap of $14.01 billion, a price-to-earnings ratio of 24.57, a PEG ratio of 1.53 and a beta of 0.57. The company has a debt-to-equity ratio of 0.78, a quick ratio of 7.11 and a current ratio of 5.04. Omega Healthcare Investors, Inc. has a one year low of $35.04 and a one year high of $47.94.

Omega Healthcare Investors Dividend Announcement

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