Advisor Group Inc. Boosts Stake in National Health Investors, Inc. (NHI)

Advisor Group Inc. grew its holdings in National Health Investors, Inc. (NYSE:NHI) by 7.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,876 shares of the real estate investment trust’s stock after acquiring an additional 273 shares during the quarter. Advisor Group Inc.’s holdings in National Health Investors were worth $307,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of National Health Investors by 1.2% in the second quarter. Vanguard Group Inc. now owns 6,291,954 shares of the real estate investment trust’s stock valued at $498,323,000 after acquiring an additional 72,518 shares during the period. Woodmont Investment Counsel LLC boosted its position in shares of National Health Investors by 1.3% in the second quarter. Woodmont Investment Counsel LLC now owns 3,414 shares of the real estate investment trust’s stock valued at $270,000 after acquiring an additional 45 shares during the period. Northern Trust Corp boosted its position in shares of National Health Investors by 6.4% in the second quarter. Northern Trust Corp now owns 1,007,869 shares of the real estate investment trust’s stock valued at $79,823,000 after acquiring an additional 60,784 shares during the period. GSA Capital Partners LLP boosted its position in shares of National Health Investors by 56.5% in the second quarter. GSA Capital Partners LLP now owns 11,910 shares of the real estate investment trust’s stock valued at $943,000 after acquiring an additional 4,300 shares during the period. Finally, UBS Asset Management Americas Inc. boosted its position in shares of National Health Investors by 6.1% in the second quarter. UBS Asset Management Americas Inc. now owns 76,598 shares of the real estate investment trust’s stock valued at $6,067,000 after acquiring an additional 4,384 shares during the period. 70.67% of the stock is owned by institutional investors.

National Health Investors, Inc. (NYSE NHI) opened at 76.96 on Friday. The company has a market capitalization of $3.15 billion, a PE ratio of 19.76 and a beta of 0.56. The company has a 50-day moving average price of $78.83 and a 200 day moving average price of $76.78. National Health Investors, Inc. has a 12 month low of $66.31 and a 12 month high of $81.21.

National Health Investors (NYSE:NHI) last released its earnings results on Wednesday, August 9th. The real estate investment trust reported $0.93 earnings per share for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.36). The company had revenue of $69.84 million for the quarter, compared to the consensus estimate of $67.68 million. National Health Investors had a net margin of 59.24% and a return on equity of 12.56%. The business’s revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.22 earnings per share. On average, equities research analysts forecast that National Health Investors, Inc. will post $3.85 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, November 10th. Stockholders of record on Friday, September 29th will be given a dividend of $0.95 per share. The ex-dividend date is Thursday, September 28th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.94%. National Health Investors’s payout ratio is 97.69%.

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In other news, insider Kevin Carlton Pascoe sold 2,000 shares of the company’s stock in a transaction on Thursday, August 24th. The stock was sold at an average price of $79.80, for a total transaction of $159,600.00. Following the completion of the sale, the insider now directly owns 21,228 shares in the company, valued at approximately $1,693,994.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 5.19% of the company’s stock.

Several equities research analysts have recently weighed in on the company. Zacks Investment Research raised National Health Investors from a “hold” rating to a “buy” rating and set a $90.00 price objective for the company in a research report on Tuesday, September 5th. Mizuho reaffirmed a “neutral” rating on shares of National Health Investors in a research report on Wednesday, June 28th. BidaskClub cut National Health Investors from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $82.00 target price on shares of National Health Investors in a research report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $80.17.

National Health Investors Profile

National Health Investors, Inc is a self-managed real estate investment trust (REIT) specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. The Company is engaged in the business of owning and financing healthcare properties.

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

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