Omega Healthcare Investors, Inc. $OHI Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP cut its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 17.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,637 shares of the real estate investment trust’s stock after selling 17,830 shares during the period. Quantbot Technologies LP’s holdings in Omega Healthcare Investors were worth $3,573,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Norges Bank acquired a new stake in Omega Healthcare Investors in the second quarter worth approximately $121,800,000. Hudson Bay Capital Management LP acquired a new position in shares of Omega Healthcare Investors during the 2nd quarter valued at $71,312,000. JPMorgan Chase & Co. raised its stake in shares of Omega Healthcare Investors by 77.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,417,240 shares of the real estate investment trust’s stock worth $144,278,000 after buying an additional 1,496,059 shares in the last quarter. Lasalle Investment Management Securities LLC lifted its holdings in shares of Omega Healthcare Investors by 165.5% in the second quarter. Lasalle Investment Management Securities LLC now owns 2,312,891 shares of the real estate investment trust’s stock valued at $84,767,000 after buying an additional 1,441,692 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of Omega Healthcare Investors by 3.4% in the third quarter. Vanguard Group Inc. now owns 42,152,368 shares of the real estate investment trust’s stock valued at $1,779,673,000 after buying an additional 1,386,887 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on OHI. 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 report on Friday, January 9th. 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 boosted 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 report on Tuesday, February 10th. The Goldman Sachs Group began coverage on shares of Omega Healthcare Investors in a research note on Friday, January 9th. They set a “buy” rating and a $54.00 target price for the company. Finally, Citigroup restated a “buy” rating and set a $50.00 target price (up from $45.00) on shares of Omega Healthcare Investors in a report on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.36.

Omega Healthcare Investors Stock Up 0.5%

Shares of Omega Healthcare Investors stock opened at $48.32 on Monday. Omega Healthcare Investors, Inc. has a 1 year low of $35.04 and a 1 year high of $49.14. The company has a market cap of $14.28 billion, a P/E ratio of 25.03, a P/E/G ratio of 1.56 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. The stock has a 50-day moving average price of $45.02 and a 200 day moving average price of $43.48.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors 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 5.5%. Omega Healthcare Investors’s payout ratio is presently 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.