Omega Healthcare Investors, Inc. $OHI Shares Bought by Advisors Capital Management LLC

Advisors Capital Management LLC lifted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 3.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 918,091 shares of the real estate investment trust’s stock after acquiring an additional 31,183 shares during the quarter. Advisors Capital Management LLC owned 0.31% of Omega Healthcare Investors worth $38,762,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new position in Omega Healthcare Investors in the 2nd quarter valued at $26,000. Smartleaf Asset Management LLC lifted its position in 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 worth $34,000 after buying an additional 268 shares during the period. CENTRAL TRUST Co boosted its stake in Omega Healthcare Investors by 1,654.4% in the 2nd quarter. CENTRAL TRUST Co now owns 1,000 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 943 shares during the last quarter. Salem Investment Counselors Inc. purchased a new stake in Omega Healthcare Investors in the 3rd quarter valued at about $39,000. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of Omega Healthcare Investors during the 2nd quarter valued at about $41,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Cantor Fitzgerald boosted their target price on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. Scotiabank upped their price objective on Omega Healthcare Investors from $42.00 to $45.00 and gave the stock a “sector perform” rating in a report on Thursday, November 13th. BMO Capital Markets lowered 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. Wells Fargo & Company downgraded Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $48.00 to $45.00 in a research report on Thursday, January 29th. Finally, Royal Bank Of Canada upped their price target on Omega Healthcare Investors from $44.00 to $47.00 and gave the stock a “sector perform” rating in a research note on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $47.36.

Omega Healthcare Investors Stock Up 0.9%

NYSE OHI opened at $47.82 on Wednesday. The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 0.78. Omega Healthcare Investors, Inc. has a fifty-two week low of $35.04 and a fifty-two week high of $47.94. The business has a 50 day moving average price of $44.54 and a two-hundred day moving average price of $43.08. The stock has a market cap of $14.13 billion, a PE ratio of 24.78, a P/E/G ratio of 1.53 and a beta of 0.57.

Omega Healthcare Investors Dividend Announcement

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