Farmers National Bank acquired a new stake in National Health Investors Inc (NYSE:NHI) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 626 shares of the real estate investment trust’s stock, valued at approximately $49,000.

A number of other institutional investors and hedge funds have also made changes to their positions in NHI. ERTS Wealth Advisors LLC purchased a new stake in National Health Investors in the 4th quarter valued at approximately $25,000. Oppenheimer Asset Management Inc. purchased a new stake in National Health Investors in the 4th quarter valued at approximately $52,000. Quadrant Capital Group LLC boosted its holdings in National Health Investors by 306.7% in the 1st quarter. Quadrant Capital Group LLC now owns 793 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 598 shares in the last quarter. Liberty Wealth Management LLC purchased a new stake in National Health Investors in the 4th quarter valued at approximately $69,000. Finally, Quantamental Technologies LLC purchased a new stake in National Health Investors in the 4th quarter valued at approximately $75,000. 70.23% of the stock is currently owned by institutional investors.

Shares of NYSE:NHI opened at $79.68 on Friday. The company has a market cap of $3.42 billion, a PE ratio of 14.54, a PEG ratio of 3.60 and a beta of 0.48. The company has a debt-to-equity ratio of 0.91, a quick ratio of 14.99 and a current ratio of 14.99. National Health Investors Inc has a 12 month low of $68.69 and a 12 month high of $84.57.

National Health Investors (NYSE:NHI) last announced its quarterly earnings results on Tuesday, May 7th. The real estate investment trust reported $0.83 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.31 by ($0.48). The firm had revenue of $76.11 million for the quarter, compared to analysts’ expectations of $73.21 million. National Health Investors had a return on equity of 10.96% and a net margin of 50.87%. National Health Investors’s revenue was up 4.6% compared to the same quarter last year. During the same period last year, the firm earned $1.35 EPS. Analysts expect that National Health Investors Inc will post 5.49 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, August 9th. Stockholders of record on Friday, June 28th will be paid a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 5.27%. The ex-dividend date of this dividend is Thursday, June 27th. National Health Investors’s dividend payout ratio (DPR) is 76.64%.

In other news, Director Robert A. Mccabe, Jr. sold 1,181 shares of the business’s stock in a transaction that occurred on Thursday, February 21st. The stock was sold at an average price of $78.04, for a total transaction of $92,165.24. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 5.11% of the stock is owned by insiders.

A number of equities research analysts have weighed in on the company. SunTrust Banks lifted their price objective on National Health Investors to $85.00 and gave the company a “neutral” rating in a report on Wednesday, February 20th. They noted that the move was a valuation call. BMO Capital Markets lowered National Health Investors from a “market perform” rating to an “underperform” rating and set a $78.00 price target on the stock. in a research note on Wednesday, February 20th. Finally, Zacks Investment Research raised National Health Investors from a “sell” rating to a “hold” rating in a research note on Tuesday, March 19th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $78.14.

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National Health Investors Company Profile

Incorporated in 1991, National Health Investors, Inc (NYSE: NHI) is a real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI's portfolio consists of independent, assisted and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings and specialty hospitals.

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

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