2 weeks Ago By Defense World Staff
American Century Companies Inc. increased its holdings in National Health Investors, Inc. ( NYSE:NHI – Free Report ) by 8.
5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,250 shares of the real estate investment trust’s stock after purchasing an additional 1,503 shares during the period. American Century Companies Inc.
’s holdings in National Health Investors were worth $1,304,000 at the end of the most recent quarter. Several other hedge funds have also recently added to or reduced their stakes in the business. Jupiter Asset Management Ltd.
raised its holdings in shares of National Health Investors by 448.7% in the 1st quarter. Jupiter Asset Management Ltd.
now owns 76,875 shares of the real estate investment trust’s stock worth $4,830,000 after buying an additional 62,865 shares in the last quarter. Land & Buildings Investment Management LLC raised its stake in National Health Investors by 81.8% during the fourth quarter.
Land & Buildings Investment Management LLC now owns 412,052 shares of the real estate investment trust’s stock worth $23,013,000 after acquiring an additional 185,377 shares in the last quarter. Susquehanna Fundamental Investments LLC acquired a new position in National Health Investors during the first quarter worth $547,000. Strategic Financial Concepts LLC bought a new position in shares of National Health Investors during the second quarter valued at $28,000.
Finally, Sumitomo Mitsui Trust Holdings Inc. boosted its stake in shares of National Health Investors by 9.9% in the 1st quarter.
Sumitomo Mitsui Trust Holdings Inc. now owns 407,855 shares of the real estate investment trust’s stock valued at $25,626,000 after purchasing an additional 36,653 shares in the last quarter. Institutional investors and hedge funds own 62.
51% of the company’s stock. Wall Street Analysts Forecast Growth A number of equities research analysts recently issued reports on NHI shares. StockNews.
com raised shares of National Health Investors from a “hold” rating to a “buy” rating in a report on Thursday, August 8th. Truist Financial raised their price objective on shares of National Health Investors from $65.00 to $78.
00 and gave the stock a “hold” rating in a report on Friday, August 30th. Finally, Bank of America began coverage on National Health Investors in a report on Tuesday, September 24th. They issued a “buy” rating and a $92.
00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.
com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $70.86. National Health Investors Trading Up 1.
3 % Shares of NYSE NHI opened at $84.05 on Tuesday. National Health Investors, Inc.
has a 1-year low of $48.51 and a 1-year high of $86.13.
The company has a 50-day moving average of $79.03 and a two-hundred day moving average of $69.95.
The company has a market cap of $3.65 billion, a PE ratio of 27.56, a P/E/G ratio of 8.
86 and a beta of 1.04. The company has a current ratio of 10.
27, a quick ratio of 10.27 and a debt-to-equity ratio of 0.91.
National Health Investors ( NYSE:NHI – Get Free Report ) last issued its quarterly earnings results 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 during the quarter, compared to analyst estimates of $64.95 million. National Health Investors had a net margin of 39.
11% and a return on equity of 10.11%. The business’s revenue for the quarter was up 9.
1% on a year-over-year basis. During the same period in the prior year, the business earned $1.06 EPS.
As a group, equities analysts expect that National Health Investors, Inc. will post 4.55 earnings per share for the current fiscal year.
National Health Investors Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Friday, September 27th will be issued a $0.90 dividend.
This represents a $3.60 annualized dividend and a yield of 4.28%.
The ex-dividend date of this dividend is Friday, September 27th. National Health Investors’s dividend payout ratio is 118.03%.
About National Health Investors ( Free Report ) 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. Featured Articles Five stocks we like better than National Health Investors Stock Dividend Cuts Happen Are You Ready? TJX Stock: A Buying Opportunity Before the Holiday Rush Profitably Trade Stocks at 52-Week Highs Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge Insider Trades May Not Tell You What You Think Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Want to see what other hedge funds are holding NHI? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for National Health Investors, Inc. ( NYSE:NHI – Free Report ). Receive News & Ratings for National Health Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Health Investors and related companies with MarketBeat.
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