LSV Asset Management Has $65.61 Million Stake in Omega Healthcare Investors, Inc. (NYSE:OHI)

LSV Asset Management trimmed its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 12.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,139,900 shares of the real estate investment trust's stock after selling 307,300 shares during the quarter. LSV Asset Management owned 0.87% of Omega Healthcare Investors worth $65,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. FMR LLC raised its holdings in shares of Omega Healthcare Investors by 96.5% during the third quarter. FMR LLC now owns 2,982,743 shares of the real estate investment trust's stock worth $98,908,000 after acquiring an additional 1,464,693 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of Omega Healthcare Investors by 2,444.9% during the 3rd quarter. Wellington Management Group LLP now owns 1,128,146 shares of the real estate investment trust's stock worth $37,409,000 after purchasing an additional 1,083,816 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Omega Healthcare Investors by 3.0% during the 3rd quarter. Vanguard Group Inc. now owns 34,867,871 shares of the real estate investment trust's stock valued at $1,156,219,000 after buying an additional 1,003,927 shares during the last quarter. California Public Employees Retirement System increased its holdings in Omega Healthcare Investors by 72.2% in the fourth quarter. California Public Employees Retirement System now owns 1,276,276 shares of the real estate investment trust's stock worth $39,131,000 after buying an additional 535,093 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in Omega Healthcare Investors by 60.7% in the third quarter. Invesco Ltd. now owns 1,345,372 shares of the real estate investment trust's stock worth $44,613,000 after buying an additional 508,327 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Citigroup upgraded shares of Omega Healthcare Investors from a "neutral" rating to a "buy" rating and increased their price target for the stock from $32.00 to $35.00 in a research note on Friday, March 22nd. Wells Fargo & Company upgraded Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $31.00 to $35.00 in a research note on Monday, February 26th. BNP Paribas raised Omega Healthcare Investors from an "underperform" rating to a "neutral" rating and set a $30.00 price objective on the stock in a report on Thursday, February 8th. Deutsche Bank Aktiengesellschaft initiated coverage on Omega Healthcare Investors in a report on Tuesday, January 30th. They issued a "buy" rating and a $36.00 target price for the company. Finally, Bank of America lowered shares of Omega Healthcare Investors from a "buy" rating to a "neutral" rating and dropped their price target for the company from $33.00 to $31.00 in a research report on Tuesday, January 16th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors has a consensus rating of "Hold" and an average target price of $33.63.

Omega Healthcare Investors Price Performance

OHI traded up $0.07 during midday trading on Friday, reaching $31.34. 2,470,937 shares of the company's stock were exchanged, compared to its average volume of 1,414,371. The business has a 50-day simple moving average of $30.98 and a two-hundred day simple moving average of $30.97. The company has a quick ratio of 6.76, a current ratio of 6.76 and a debt-to-equity ratio of 1.35. The firm has a market capitalization of $7.74 billion, a price-to-earnings ratio of 28.23, a price-to-earnings-growth ratio of 10.26 and a beta of 0.92. Omega Healthcare Investors, Inc. has a one year low of $27.53 and a one year high of $34.77.

Omega Healthcare Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be paid a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $2.68 annualized dividend and a yield of 8.55%. Omega Healthcare Investors's dividend payout ratio is 241.44%.

Omega Healthcare Investors Profile

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.