Allianz Asset Management GmbH grew its stake in National Health Investors, Inc. (NYSE:NHI) by 57.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 394,800 shares of the real estate investment trust’s stock after purchasing an additional 144,650 shares during the period. Allianz Asset Management GmbH owned approximately 0.95% of National Health Investors worth $30,514,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Jacobi Capital Management LLC increased its holdings in shares of National Health Investors by 187.7% in the third quarter. Jacobi Capital Management LLC now owns 1,827 shares of the real estate investment trust’s stock valued at $142,000 after purchasing an additional 1,192 shares during the period. Yorktown Management & Research Co Inc acquired a new position in National Health Investors during the second quarter worth $214,000. Allegis Investment Advisors LLC acquired a new position in National Health Investors during the second quarter worth $216,000. Fortaleza Asset Management Inc. grew its holdings in National Health Investors by 123.7% during the third quarter. Fortaleza Asset Management Inc. now owns 2,740 shares of the real estate investment trust’s stock worth $212,000 after acquiring an additional 1,515 shares during the period. Finally, Profund Advisors LLC grew its holdings in National Health Investors by 4.3% during the second quarter. Profund Advisors LLC now owns 3,126 shares of the real estate investment trust’s stock worth $248,000 after acquiring an additional 130 shares during the period. 70.52% of the stock is currently owned by institutional investors and hedge funds.

National Health Investors, Inc. (NYSE NHI) opened at $78.24 on Friday. National Health Investors, Inc. has a twelve month low of $68.96 and a twelve month high of $81.21. The firm has a market capitalization of $3,249.46, a price-to-earnings ratio of 15.02, a P/E/G ratio of 3.84 and a beta of 0.59. The company has a current ratio of 12.72, a quick ratio of 12.72 and a debt-to-equity ratio of 0.84.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, December 29th will be issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 4.86%. The ex-dividend date is Thursday, December 28th. National Health Investors’s dividend payout ratio is presently 95.00%.

A number of brokerages recently weighed in on NHI. Zacks Investment Research lowered National Health Investors from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. KeyCorp reaffirmed a “hold” rating on shares of National Health Investors in a report on Sunday, September 17th. Finally, BidaskClub raised National Health Investors from a “sell” rating to a “hold” rating in a report on Thursday, August 17th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $80.14.

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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.

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

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