Stifel Nicolaus Reiterates Hold on Omega Healthcare Investors

Stifel Nicolaus maintains its Hold rating on Omega Healthcare Investors

as it introduces 2013 estimates showing 3.0% FFO, 3.3% FAD per share growth. Stifel Nicolaus says, "We are introducing 2013 FFO and FAD per share estimates of $2.04 and $1.98 respectively, indicating 3.0% FFO per share and 3.3% FAD per share growth. Modest investment levels and annual rent increases on existing triple net leases limit our growth expectation for Omega but the company has the capacity to step up investments and boost growth, in our view, if there is greater visibility on skilled nursing reimbursement." OHI closed at $19.43 per share on Thursday.