Omega Healthcare Investors, Inc. (OHI) Lowered to “Hold” at Stifel Nicolaus

Stifel Nicolaus lowered shares of Omega Healthcare Investors, Inc. (NYSE:OHI) from a buy rating to a hold rating in a research report released on Tuesday morning. Stifel Nicolaus currently has $29.00 target price on the real estate investment trust’s stock, down from their previous target price of $35.00.

A number of other analysts also recently issued reports on OHI. BidaskClub downgraded Omega Healthcare Investors from a buy rating to a hold rating in a research note on Friday, July 28th. Zacks Investment Research raised Omega Healthcare Investors from a sell rating to a hold rating in a research note on Thursday, August 3rd. ValuEngine downgraded Omega Healthcare Investors from a buy rating to a hold rating in a research note on Wednesday, September 6th. Jefferies Group LLC reaffirmed a hold rating and issued a $30.00 target price on shares of Omega Healthcare Investors in a research note on Tuesday, October 3rd. Finally, Vetr downgraded Omega Healthcare Investors from a buy rating to a hold rating and set a $33.33 target price for the company. in a research note on Thursday, October 19th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. Omega Healthcare Investors currently has a consensus rating of Hold and an average price target of $32.33.

Omega Healthcare Investors (OHI) traded down 2.651% during midday trading on Tuesday, hitting $28.095. 5,515,521 shares of the stock traded hands. The company’s 50 day moving average price is $31.79 and its 200 day moving average price is $32.32. Omega Healthcare Investors has a 12 month low of $27.87 and a 12 month high of $35.14. The firm has a market cap of $5.54 billion, a PE ratio of 14.826 and a beta of 0.53.

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The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st will be given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 9.01%. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.64. The ex-dividend date of this dividend is Monday, October 30th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 317.08%.

Large investors have recently modified their holdings of the stock. Bronfman E.L. Rothschild L.P. increased its position in shares of Omega Healthcare Investors by 167.7% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 3,432 shares of the real estate investment trust’s stock worth $113,000 after purchasing an additional 2,150 shares during the last quarter. Ffcm LLC increased its position in shares of Omega Healthcare Investors by 197.6% during the 2nd quarter. Ffcm LLC now owns 3,402 shares of the real estate investment trust’s stock worth $115,000 after purchasing an additional 2,259 shares during the last quarter. Chicago Partners Investment Group LLC increased its position in shares of Omega Healthcare Investors by 656.6% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 6,015 shares of the real estate investment trust’s stock worth $193,000 after purchasing an additional 5,220 shares during the last quarter. ARP Americas LLC acquired a new stake in shares of Omega Healthcare Investors during the 2nd quarter worth about $218,000. Finally, Schnieders Capital Management LLC acquired a new stake in shares of Omega Healthcare Investors during the 2nd quarter worth about $226,000. 72.87% of the stock is owned by hedge funds and other institutional investors.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a self-administered real estate investment trust (REIT). The Company maintains a portfolio of long-term healthcare facilities and mortgages on healthcare facilities located in the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.

Analyst Recommendations for Omega Healthcare Investors (NYSE:OHI)

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