Centersquare Investment Management LLC Sells 298,545 Shares of Omega Healthcare Investors, Inc. $OHI

Centersquare Investment Management LLC reduced its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 8.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,300,195 shares of the real estate investment trust’s stock after selling 298,545 shares during the period. Omega Healthcare Investors makes up about 1.4% of Centersquare Investment Management LLC’s investment portfolio, making the stock its 24th largest position. Centersquare Investment Management LLC owned about 1.12% of Omega Healthcare Investors worth $139,334,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of OHI. Smartleaf Asset Management LLC grew its stake in shares of Omega Healthcare Investors by 40.9% in the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 268 shares during the last quarter. Guggenheim Capital LLC boosted its holdings in Omega Healthcare Investors by 1.0% in the 2nd quarter. Guggenheim Capital LLC now owns 29,398 shares of the real estate investment trust’s stock valued at $1,077,000 after purchasing an additional 280 shares during the period. UMB Bank n.a. boosted its holdings in Omega Healthcare Investors by 11.0% in the 3rd quarter. UMB Bank n.a. now owns 2,965 shares of the real estate investment trust’s stock valued at $125,000 after purchasing an additional 293 shares during the period. Coldstream Capital Management Inc. grew its position in Omega Healthcare Investors by 0.5% in the 2nd quarter. Coldstream Capital Management Inc. now owns 60,924 shares of the real estate investment trust’s stock worth $2,233,000 after purchasing an additional 301 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Omega Healthcare Investors by 3.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 11,183 shares of the real estate investment trust’s stock worth $472,000 after purchasing an additional 335 shares during the period. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Up 0.8%

NYSE OHI opened at $47.48 on Thursday. 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’s 50 day moving average is $44.86 and its two-hundred day moving average is $43.35. The company has a market capitalization of $14.03 billion, a price-to-earnings ratio of 24.60, a PEG ratio of 1.52 and a beta of 0.57. Omega Healthcare Investors, Inc. has a 1-year low of $35.04 and a 1-year high of $47.94.

Omega Healthcare Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date was Monday, February 9th. Omega Healthcare Investors’s dividend payout ratio is 138.86%.

Analysts Set New Price Targets

OHI has been the subject of a number of research analyst reports. Weiss Ratings raised shares of Omega Healthcare Investors from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, January 26th. Wells Fargo & Company lowered 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 note on Thursday, January 29th. 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 report on Friday, January 9th. Truist Financial boosted their price objective on Omega Healthcare Investors from $44.00 to $46.00 and gave the company a “hold” rating in a research report on Monday, December 1st. Finally, UBS Group restated a “buy” rating and issued a $52.00 target price on shares of Omega Healthcare Investors in a research note on Friday, February 6th. One 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. Based on data from MarketBeat, Omega Healthcare Investors currently has an average rating of “Moderate Buy” and a consensus target price of $47.36.

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.