OHI is in trouble both, i believe, as a business and as a stock. My total position is small relative to my historical holdings at <350 shares. Two posts in the last 24-48 hours suggest that i am not the only one with this problem child.
- Hoya Capital – https://seekingalpha.com/article/4127081-healthcare-reits-sick
- Williams Equity – https://seekingalpha.com/article/4127095-battle-bleeding-titans-part-1-omega-healthcare-vs-tanger-factory-outlet-centers-inc
Both of these articles are well researched and detailed about OHI and the market segment challenges and opportunities. I have NOT changed my mind, however. LTC will remain my REIT in this segment. WRT OHI, i am just trying to figure out the right exit … and how much risk i will assume to minimize the loss to the exit. The political, labor and ‘old people preferences’ headwinds even out into 2020-25 are just too strong in my opinion to carry OHI risk / reward.
I will look to exit by EOY ’17.