Omega Healthcare Investors, Inc. $OHI Stock Holdings Lifted by Islay Capital Management LLC

Islay Capital Management LLC grew its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 123.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 44,209 shares of the real estate investment trust’s stock after acquiring an additional 24,390 shares during the period. Omega Healthcare Investors comprises about 1.1% of Islay Capital Management LLC’s portfolio, making the stock its 27th largest holding. Islay Capital Management LLC’s holdings in Omega Healthcare Investors were worth $1,867,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Royal Bank of Canada raised its position in shares of Omega Healthcare Investors by 29.4% during the first quarter. Royal Bank of Canada now owns 144,339 shares of the real estate investment trust’s stock worth $5,496,000 after purchasing an additional 32,798 shares during the period. Focus Partners Wealth raised its holdings in Omega Healthcare Investors by 3.1% during the 1st quarter. Focus Partners Wealth now owns 19,862 shares of the real estate investment trust’s stock worth $756,000 after buying an additional 597 shares during the period. Sivia Capital Partners LLC acquired a new stake in Omega Healthcare Investors during the 2nd quarter worth about $257,000. State of Michigan Retirement System lifted its stake in Omega Healthcare Investors by 3.1% during the second quarter. State of Michigan Retirement System now owns 69,563 shares of the real estate investment trust’s stock valued at $2,549,000 after buying an additional 2,100 shares in the last quarter. Finally, Bank of Montreal Can boosted its holdings in shares of Omega Healthcare Investors by 367.5% in the second quarter. Bank of Montreal Can now owns 378,754 shares of the real estate investment trust’s stock worth $13,881,000 after buying an additional 297,742 shares during the period. 65.25% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on OHI shares. UBS Group restated a “buy” rating and set a $52.00 price target on shares of Omega Healthcare Investors in a report on Friday, February 6th. Citigroup reissued a “buy” rating and set a $50.00 target price (up from $45.00) on shares of Omega Healthcare Investors in a research note on Wednesday, November 12th. Royal Bank Of Canada raised their target price on Omega Healthcare Investors from $44.00 to $47.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 10th. Cantor Fitzgerald lifted their price target on Omega Healthcare Investors from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. Finally, BMO Capital Markets downgraded Omega Healthcare Investors from an “outperform” rating to a “market perform” rating and set a $45.00 price objective for the company. in a research note on Friday, January 9th. One research 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 stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $47.82.

Omega Healthcare Investors Price Performance

OHI opened at $47.08 on Friday. The stock has a market cap of $13.92 billion, a price-to-earnings ratio of 24.39, a PEG ratio of 1.53 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. Omega Healthcare Investors, Inc. has a 1 year low of $35.04 and a 1 year high of $49.14. The stock has a fifty day moving average price of $45.31 and a 200 day moving average price of $43.63.

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were paid 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 5.7%. Omega Healthcare Investors’s payout ratio is 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.