Chicago Equity Partners LLC purchased a new position in shares of National Health Investors, Inc. (NYSE:NHI) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 7,840 shares of the real estate investment trust’s stock, valued at approximately $606,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. US Bancorp DE grew its holdings in National Health Investors by 0.5% in the second quarter. US Bancorp DE now owns 8,836 shares of the real estate investment trust’s stock valued at $700,000 after purchasing an additional 44 shares during the period. Woodmont Investment Counsel LLC grew its holdings in 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 purchasing an additional 45 shares during the period. Teacher Retirement System of Texas grew its holdings in National Health Investors by 2.0% in the second quarter. Teacher Retirement System of Texas now owns 3,192 shares of the real estate investment trust’s stock valued at $253,000 after purchasing an additional 62 shares during the period. QS Investors LLC grew its holdings in National Health Investors by 0.8% in the second quarter. QS Investors LLC now owns 7,934 shares of the real estate investment trust’s stock valued at $628,000 after purchasing an additional 62 shares during the period. Finally, Lee Financial Co grew its holdings in National Health Investors by 1.1% in the second quarter. Lee Financial Co now owns 8,878 shares of the real estate investment trust’s stock valued at $703,000 after purchasing an additional 95 shares during the period. Hedge funds and other institutional investors own 70.14% of the company’s stock.

National Health Investors, Inc. (NYSE NHI) opened at $77.80 on Friday. The firm has a market cap of $3,214.59, a P/E ratio of 14.86, a price-to-earnings-growth ratio of 3.83 and a beta of 0.58. The company has a debt-to-equity ratio of 0.84, a quick ratio of 12.72 and a current ratio of 12.72. National Health Investors, Inc. has a 12-month low of $68.75 and a 12-month high of $81.21.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Friday, December 29th will be given a dividend of $0.95 per share. The ex-dividend date is Thursday, December 28th. This represents a $3.80 dividend on an annualized basis and a yield of 4.88%. National Health Investors’s dividend payout ratio (DPR) is 95.00%.

NHI has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of National Health Investors from a “hold” rating to a “buy” rating and set a $89.00 target price for the company in a report on Friday, September 15th. Capital One Financial Corporation initiated coverage on shares of National Health Investors in a report on Monday, October 23rd. They issued an “equal weight” rating for the company. KeyCorp restated a “hold” rating on shares of National Health Investors in a report on Sunday, September 17th. Stifel Nicolaus restated a “buy” rating and issued a $82.00 target price on shares of National Health Investors in a report on Wednesday, October 4th. Finally, SunTrust Banks, Inc. initiated coverage on shares of National Health Investors in a report on Tuesday, October 10th. They issued a “hold” rating and a $80.00 target price for the company. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. National Health Investors presently has a consensus rating of “Hold” and a consensus target price of $80.14.

In other National Health Investors news, insider Kevin Carlton Pascoe sold 2,000 shares of National Health Investors stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $79.80, for a total transaction of $159,600.00. Following the transaction, the insider now directly owns 21,228 shares of the company’s stock, valued at $1,693,994.40. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 5.19% of the company’s stock.

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National Health Investors Company 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.

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

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