OVERSEA CHINESE BANKING Corp Ltd bought a new position in National Health Investors, Inc. (NYSE:NHI – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 23,424 shares of the real estate investment trust’s stock, valued at approximately $1,786,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Renaissance Group LLC increased its stake in shares of National Health Investors by 3.8% during the fourth quarter. Renaissance Group LLC now owns 3,206 shares of the real estate investment trust’s stock valued at $245,000 after buying an additional 117 shares during the period. Captrust Financial Advisors lifted its holdings in National Health Investors by 1.7% in the fourth quarter. Captrust Financial Advisors now owns 8,907 shares of the real estate investment trust’s stock worth $680,000 after buying an additional 146 shares during the period. EverSource Wealth Advisors LLC boosted its position in National Health Investors by 34.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 626 shares of the real estate investment trust’s stock valued at $51,000 after acquiring an additional 160 shares in the last quarter. Assetmark Inc. grew its stake in National Health Investors by 13.5% in the first quarter. Assetmark Inc. now owns 1,356 shares of the real estate investment trust’s stock worth $110,000 after purchasing an additional 161 shares during the period. Finally, Inspire Investing LLC grew its position in shares of National Health Investors by 3.2% in the 1st quarter. Inspire Investing LLC now owns 6,310 shares of the real estate investment trust’s stock worth $510,000 after buying an additional 198 shares during the period. Institutional investors own 62.51% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the company. Weiss Ratings downgraded National Health Investors from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 12th. BMO Capital Markets lowered their price objective on shares of National Health Investors from $90.00 to $80.00 and set an “outperform” rating on the stock in a research report on Monday, June 15th. Deutsche Bank Aktiengesellschaft lowered their target price on National Health Investors from $85.00 to $80.00 and set a “hold” rating on the stock in a report on Thursday, June 25th. Wells Fargo & Company cut their price objective on shares of National Health Investors from $84.00 to $79.00 and set an “equal weight” rating for the company in a research report on Monday, June 1st. Finally, Zacks Research downgraded National Health Investors from a “hold” rating to a “strong sell” rating in a research note on Thursday, June 25th. Five investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $83.86.
National Health Investors Stock Down 0.4%
Shares of NHI opened at $73.59 on Friday. The stock has a market capitalization of $3.61 billion, a price-to-earnings ratio of 21.27, a price-to-earnings-growth ratio of 3.39 and a beta of 0.51. The business’s 50 day simple moving average is $75.48 and its 200-day simple moving average is $79.10. The company has a debt-to-equity ratio of 0.81, a current ratio of 6.78 and a quick ratio of 6.78. National Health Investors, Inc. has a 1 year low of $67.94 and a 1 year high of $91.38.
National Health Investors (NYSE:NHI – Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The real estate investment trust reported $1.19 EPS for the quarter. The business had revenue of $121.32 million during the quarter. National Health Investors had a net margin of 38.56% and a return on equity of 10.89%. The business’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.22 earnings per share. National Health Investors has set its FY 2026 guidance at 4.740-4.790 EPS. As a group, equities analysts expect that National Health Investors, Inc. will post 4.77 earnings per share for the current fiscal year.
National Health Investors Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Investors of record on Wednesday, September 30th will be given a $0.92 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $3.68 annualized dividend and a yield of 5.0%. National Health Investors’s dividend payout ratio (DPR) is currently 106.36%.
Insider Activity at National Health Investors
In related news, Director Robert A. Mccabe, Jr. acquired 890 shares of the stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of $71.65 per share, with a total value of $63,768.50. Following the purchase, the director directly owned 44,159 shares of the company’s stock, valued at approximately $3,163,992.35. This trade represents a 2.06% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO D. Eric Mendelsohn bought 1,500 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was bought at an average price of $68.84 per share, with a total value of $103,260.00. Following the acquisition, the chief executive officer owned 133,316 shares in the company, valued at approximately $9,177,473.44. This trade represents a 1.14% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 2.70% of the company’s stock.
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.
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