OVERSEA CHINESE BANKING Corp Ltd Has $2.65 Million Stake in National Health Investors, Inc. $NHI

OVERSEA CHINESE BANKING Corp Ltd increased its stake in National Health Investors, Inc. (NYSE:NHI) by 29.2% in the 3rd quarter, Holdings Channel reports. The firm owned 33,276 shares of the real estate investment trust’s stock after purchasing an additional 7,520 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in National Health Investors were worth $2,645,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Assetmark Inc. raised its position in shares of National Health Investors by 19.0% in the second quarter. Assetmark Inc. now owns 925 shares of the real estate investment trust’s stock valued at $65,000 after purchasing an additional 148 shares during the period. Creative Planning grew its stake in National Health Investors by 2.2% in the 2nd quarter. Creative Planning now owns 8,217 shares of the real estate investment trust’s stock valued at $576,000 after buying an additional 177 shares during the last quarter. Aviance Capital Partners LLC raised its holdings in National Health Investors by 3.8% in the 2nd quarter. Aviance Capital Partners LLC now owns 5,225 shares of the real estate investment trust’s stock worth $366,000 after acquiring an additional 189 shares during the period. Summit Investment Advisors Inc. raised its holdings in National Health Investors by 4.5% in the 1st quarter. Summit Investment Advisors Inc. now owns 4,429 shares of the real estate investment trust’s stock worth $327,000 after acquiring an additional 189 shares during the period. Finally, NFP Retirement Inc. boosted its holdings in National Health Investors by 0.8% during the second quarter. NFP Retirement Inc. now owns 24,858 shares of the real estate investment trust’s stock valued at $1,743,000 after acquiring an additional 190 shares during the period. Institutional investors own 62.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. National Bankshares set a $90.00 price objective on National Health Investors in a research note on Wednesday, October 1st. KeyCorp raised their target price on National Health Investors from $80.00 to $88.00 and gave the company an “overweight” rating in a report on Thursday, December 4th. Wells Fargo & Company upped their price target on National Health Investors from $80.00 to $85.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Cantor Fitzgerald set a $85.00 price objective on shares of National Health Investors in a research note on Monday, January 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of National Health Investors in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $86.50.

National Health Investors Stock Performance

National Health Investors stock opened at $80.35 on Friday. The firm has a market capitalization of $3.83 billion, a P/E ratio of 25.35, a P/E/G ratio of 2.96 and a beta of 0.67. The stock has a fifty day moving average price of $77.74 and a two-hundred day moving average price of $75.88. National Health Investors, Inc. has a 52-week low of $65.22 and a 52-week high of $80.87. The company has a debt-to-equity ratio of 0.74, a current ratio of 10.64 and a quick ratio of 10.64.

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, topping the consensus estimate of $1.24 by $0.08. The business had revenue of $83.36 million for the quarter, compared to analyst estimates of $85.66 million. National Health Investors had a net margin of 41.38% and a return on equity of 10.17%. The firm’s quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.03 EPS. National Health Investors has set its FY 2025 guidance at 4.880-4.91 EPS. As a group, analysts anticipate that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st will be paid 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 4.6%. National Health Investors’s payout ratio is currently 116.09%.

National Health Investors Company 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.