National Health Investors, Inc. (NYSE:NHI) Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. decreased its holdings in National Health Investors, Inc. (NYSE:NHI) by 4.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,488 shares of the real estate investment trust’s stock after selling 597 shares during the period. Daiwa Securities Group Inc.’s holdings in National Health Investors were worth $914,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Compass Wealth Management LLC acquired a new stake in National Health Investors in the 1st quarter valued at about $30,000. International Assets Investment Management LLC acquired a new stake in National Health Investors in the 2nd quarter valued at about $36,000. Blue Trust Inc. raised its holdings in National Health Investors by 2,651.9% in the 2nd quarter. Blue Trust Inc. now owns 743 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 716 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in National Health Investors by 66.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,594 shares of the real estate investment trust’s stock valued at $163,000 after acquiring an additional 1,033 shares during the last quarter. Finally, Shayne & Jacobs LLC acquired a new stake in National Health Investors in the 2nd quarter valued at about $210,000. Institutional investors and hedge funds own 62.51% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Truist Financial increased their price target on shares of National Health Investors from $65.00 to $78.00 and gave the company a “hold” rating in a research note on Friday, August 30th. StockNews.com raised shares of National Health Investors from a “hold” rating to a “buy” rating in a research note on Thursday, August 8th. Finally, Wells Fargo & Company increased their price target on shares of National Health Investors from $63.00 to $69.00 and gave the company an “overweight” rating in a research note on Thursday, May 30th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, National Health Investors currently has an average rating of “Moderate Buy” and an average target price of $63.75.

National Health Investors Stock Performance

NYSE:NHI opened at $85.05 on Monday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 10.27 and a current ratio of 10.27. The stock has a market capitalization of $3.70 billion, a P/E ratio of 27.89, a PEG ratio of 8.67 and a beta of 1.04. The company has a 50 day moving average price of $76.30 and a 200 day moving average price of $67.97. National Health Investors, Inc. has a fifty-two week low of $48.51 and a fifty-two week high of $85.21.

National Health Investors (NYSE:NHI) last posted its quarterly earnings data on Tuesday, August 6th. The real estate investment trust reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.29). The company had revenue of $84.97 million for the quarter, compared to analysts’ expectations of $64.95 million. National Health Investors had a return on equity of 10.11% and a net margin of 39.11%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.06 EPS. Equities research analysts forecast that National Health Investors, Inc. will post 4.55 EPS for the current year.

National Health Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, September 27th will be issued a dividend of $0.90 per share. The ex-dividend date is Friday, September 27th. This represents a $3.60 dividend on an annualized basis and a yield of 4.23%. National Health Investors’s dividend payout ratio (DPR) is presently 118.03%.

National Health Investors Profile

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