National Health Investors, Inc. $NHI Stock Position Raised by Sound Income Strategies LLC

Sound Income Strategies LLC increased its position in National Health Investors, Inc. (NYSE:NHI) by 4.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 241,260 shares of the real estate investment trust’s stock after purchasing an additional 10,570 shares during the period. Sound Income Strategies LLC owned about 0.51% of National Health Investors worth $17,810,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. State Street Corp boosted its position in shares of National Health Investors by 5.0% in the second quarter. State Street Corp now owns 2,023,381 shares of the real estate investment trust’s stock worth $143,651,000 after buying an additional 95,812 shares during the period. Geode Capital Management LLC lifted its stake in National Health Investors by 4.5% in the 2nd quarter. Geode Capital Management LLC now owns 1,232,524 shares of the real estate investment trust’s stock worth $86,434,000 after acquiring an additional 53,630 shares in the last quarter. JPMorgan Chase & Co. boosted its position in National Health Investors by 305.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,203,492 shares of the real estate investment trust’s stock worth $84,389,000 after acquiring an additional 906,479 shares during the period. Norges Bank purchased a new position in National Health Investors during the 2nd quarter valued at about $49,775,000. Finally, Balyasny Asset Management L.P. increased its holdings in shares of National Health Investors by 66.9% in the 2nd quarter. Balyasny Asset Management L.P. now owns 614,960 shares of the real estate investment trust’s stock valued at $43,121,000 after purchasing an additional 246,486 shares during the period. 62.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on the stock. Wells Fargo & Company raised their price target on shares of National Health Investors from $80.00 to $85.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Weiss Ratings reissued a “buy (b)” rating on shares of National Health Investors in a research note on Tuesday. National Bankshares set a $90.00 price target on shares of National Health Investors in a research note on Wednesday, October 1st. Cantor Fitzgerald initiated coverage on National Health Investors in a report on Wednesday, October 1st. They set an “overweight” rating and a $90.00 price objective for the company. Finally, Truist Financial upped their target price on National Health Investors from $81.00 to $83.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $87.33.

National Health Investors Trading Down 0.5%

Shares of NYSE:NHI opened at $77.98 on Friday. The company has a current ratio of 10.64, a quick ratio of 10.64 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $3.71 billion, a PE ratio of 24.60, a P/E/G ratio of 3.01 and a beta of 0.68. National Health Investors, Inc. has a 1 year low of $65.13 and a 1 year high of $80.56. The firm has a fifty day moving average price of $76.78 and a 200 day moving average price of $75.12.

National Health Investors (NYSE:NHI) last posted its earnings results on Thursday, November 6th. The real estate investment trust reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.08. The company had revenue of $83.36 million for the quarter, compared to analyst estimates of $85.66 million. National Health Investors had a return on equity of 10.17% and a net margin of 41.38%.The business’s revenue was down 1.8% compared to the same quarter last year. During the same period last year, the company earned $1.03 earnings per share. National Health Investors has set its FY 2025 guidance at 4.880-4.91 EPS. Analysts expect that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st will be given a $0.92 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 4.7%. National Health Investors’s dividend payout ratio (DPR) is currently 116.09%.

National Health Investors Profile

National Health Investors, Inc (NYSE: NHI) is a specialized real estate investment trust (REIT) focused on owning and financing high-quality healthcare and senior housing facilities in the United States. The company’s portfolio encompasses a diverse range of properties, including skilled nursing centers, assisted living and memory care communities, behavioral health facilities, dialysis clinics, and medical office buildings. NHI typically enters into long-term net-lease agreements with experienced healthcare operators, providing stable and predictable rental income streams while enabling its tenants to concentrate on delivering quality care.

Since its founding in 1991 and initial public offering later that year, National Health Investors has pursued a disciplined growth strategy centered on strategic acquisitions, joint ventures, and selective development.