LSV Asset Management trimmed its position in National Health Investors Inc (NYSE:NHI) by 13.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 355,048 shares of the real estate investment trust’s stock after selling 55,200 shares during the quarter. LSV Asset Management’s holdings in National Health Investors were worth $26,838,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Truvestments Capital LLC bought a new stake in shares of National Health Investors during the 3rd quarter valued at $108,000. First Hawaiian Bank bought a new stake in shares of National Health Investors during the 3rd quarter valued at $162,000. Zeke Capital Advisors LLC bought a new stake in shares of National Health Investors during the 2nd quarter valued at $201,000. Nissay Asset Management Corp Japan ADV bought a new stake in shares of National Health Investors during the 3rd quarter valued at $203,000. Finally, Woodmont Investment Counsel LLC bought a new stake in shares of National Health Investors during the 2nd quarter valued at $211,000. 70.11% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NHI stock opened at $75.19 on Monday. The company has a quick ratio of 14.53, a current ratio of 14.53 and a debt-to-equity ratio of 0.89. National Health Investors Inc has a twelve month low of $62.71 and a twelve month high of $81.60. The firm has a market cap of $3.18 billion, a P/E ratio of 14.11, a price-to-earnings-growth ratio of 3.22 and a beta of 0.30.

National Health Investors (NYSE:NHI) last announced its quarterly earnings data on Tuesday, November 6th. The real estate investment trust reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.39 by ($0.42). National Health Investors had a return on equity of 11.56% and a net margin of 53.15%. The business had revenue of $74.92 million for the quarter, compared to the consensus estimate of $73.72 million. During the same quarter in the prior year, the company earned $1.37 earnings per share. National Health Investors’s quarterly revenue was up 5.0% compared to the same quarter last year. On average, research analysts expect that National Health Investors Inc will post 5.51 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on NHI shares. Zacks Investment Research downgraded National Health Investors from a “buy” rating to a “hold” rating in a research report on Tuesday, August 14th. Cantor Fitzgerald reiterated a “hold” rating and set a $80.00 target price on shares of National Health Investors in a research report on Thursday, November 8th. Stifel Nicolaus set a $83.00 target price on National Health Investors and gave the company a “buy” rating in a research report on Tuesday, August 7th. SunTrust Banks reiterated a “hold” rating and set a $79.00 target price on shares of National Health Investors in a research report on Wednesday, August 8th. They noted that the move was a valuation call. Finally, Wells Fargo & Co reiterated a “hold” rating on shares of National Health Investors in a research report on Tuesday, August 28th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $75.22.

ILLEGAL ACTIVITY NOTICE: “National Health Investors Inc (NHI) Position Decreased by LSV Asset Management” was first reported by Daily Political and is owned by of Daily Political. If you are reading this story on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark law. The correct version of this story can be read at https://www.dailypolitical.com/2018/11/19/national-health-investors-inc-nhi-position-decreased-by-lsv-asset-management.html.

National Health Investors Profile

Incorporated in 1991, National Health Investors, Inc (NYSE: NHI) is a real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI's portfolio consists of independent, assisted and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings and specialty hospitals.

Featured Story: How Do You Calculate Return on Equity (ROE)?

Want to see what other hedge funds are holding NHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for National Health Investors Inc (NYSE:NHI).

Institutional Ownership by Quarter for National Health Investors (NYSE:NHI)

Receive News & Ratings for National Health Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Health Investors and related companies with MarketBeat.com's FREE daily email newsletter.