Woodmont Investment Counsel LLC boosted its stake in shares of National Health Investors, Inc. (NYSE:NHI – Free Report) by 8.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 136,697 shares of the real estate investment trust’s stock after buying an additional 10,852 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in National Health Investors were worth $8,971,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in National Health Investors in the second quarter valued at about $665,997,000. Principal Financial Group Inc. increased its stake in National Health Investors by 2.0% in the first quarter. Principal Financial Group Inc. now owns 1,700,908 shares of the real estate investment trust’s stock valued at $137,537,000 after purchasing an additional 32,902 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of National Health Investors in the second quarter valued at approximately $122,509,000. Bank of America Corp DE acquired a new stake in shares of National Health Investors in the second quarter valued at approximately $77,738,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of National Health Investors by 2.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 686,249 shares of the real estate investment trust’s stock worth $55,493,000 after purchasing an additional 18,164 shares in the last quarter. Institutional investors and hedge funds own 62.51% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have weighed in on NHI. Wells Fargo & Company lowered their price target on shares of National Health Investors from $78.00 to $68.00 and set an “equal weight” rating on the stock in a report on Monday, October 19th. National Bank Financial set a $79.00 price objective on National Health Investors in a research report on Wednesday, September 9th. BMO Capital Markets reissued an “outperform” rating on shares of National Health Investors in a research report on Wednesday, September 23rd. Huntington started coverage on National Health Investors in a report on Thursday, September 10th. They issued an “outperform” rating and a $79.00 price objective for the company. Finally, Truist Financial dropped their price target on National Health Investors from $81.00 to $80.00 and set a “buy” rating for the company in a research note on Wednesday, September 2nd. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $81.00.
View Our Latest Stock Analysis on National Health Investors
National Health Investors Trading Down 0.0%
Shares of NHI stock opened at $67.02 on Monday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 6.78 and a current ratio of 6.78. National Health Investors, Inc. has a fifty-two week low of $63.51 and a fifty-two week high of $91.38. The stock has a 50 day simple moving average of $68.10 and a two-hundred day simple moving average of $76.41. The company has a market cap of $3.29 billion, a P/E ratio of 19.37, a PEG ratio of 4.27 and a beta of 0.49.
National Health Investors (NYSE:NHI – Get Free Report) last issued its earnings results on Monday, August 10th. The real estate investment trust reported $1.19 earnings per share (EPS) for the quarter. The company had revenue of $121.32 million for the quarter. National Health Investors had a return on equity of 10.89% and a net margin of 38.56%. National Health Investors’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.22 earnings per share. National Health Investors has set its FY 2026 guidance at 4.740-4.790 EPS. Research analysts forecast that National Health Investors, Inc. will post 4.76 earnings per share for the current year.
National Health Investors Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date is Wednesday, September 30th. National Health Investors’s dividend payout ratio is presently 108.67%.
National Health Investors Profile
National Health Investors, Inc (NYSE:NHI) is a real estate investment trust that owns and finances income-producing healthcare real estate in the United States. The company primarily focuses on properties serving older adults and patients who require specialized care.
NHI’s portfolio includes independent living communities, assisted living and memory care facilities, skilled nursing facilities, continuing care retirement communities, medical office buildings and other healthcare-related properties.
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