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Omega Healthcare (OHI +0.4%) outperforms a little after Stifel Nicholas upgrades the nursing...
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Tuesday, October 4, 2011, 10:13 AM ETOmega Healthcare (OHI +0.4%) outperforms a little after Stifel Nicholas upgrades the nursing facility owner to Buy. Stifel notes Omega has a whopping 11% dividend yield, and that it trades below its net asset value. At such a valuation, the firm thinks Omega's shares more than price in the risk of future and Medicare and Medicaid cuts.
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