HL Financial Services LLC increased its stake in shares of National Health Investors, Inc. (NYSE:NHI) by 37.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,111 shares of the real estate investment trust’s stock after buying an additional 2,500 shares during the period. HL Financial Services LLC’s holdings in National Health Investors were worth $722,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of National Health Investors by 3.3% in the first quarter. Vanguard Group Inc. now owns 6,219,436 shares of the real estate investment trust’s stock valued at $451,717,000 after buying an additional 201,133 shares during the period. BlackRock Inc. raised its stake in shares of National Health Investors by 6,473.4% in the first quarter. BlackRock Inc. now owns 3,328,567 shares of the real estate investment trust’s stock valued at $241,753,000 after buying an additional 3,277,930 shares during the period. State Street Corp raised its stake in shares of National Health Investors by 8.2% in the first quarter. State Street Corp now owns 920,812 shares of the real estate investment trust’s stock valued at $66,881,000 after buying an additional 69,884 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of National Health Investors by 8.8% in the first quarter. Dimensional Fund Advisors LP now owns 542,845 shares of the real estate investment trust’s stock valued at $39,426,000 after buying an additional 43,890 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of National Health Investors by 2.5% in the first quarter. Bank of America Corp DE now owns 388,780 shares of the real estate investment trust’s stock valued at $28,238,000 after buying an additional 9,538 shares during the period. Hedge funds and other institutional investors own 69.34% of the company’s stock.

Shares of National Health Investors, Inc. (NYSE:NHI) opened at 76.54 on Friday. National Health Investors, Inc. has a 52 week low of $66.31 and a 52 week high of $82.53. The firm’s 50-day moving average is $77.38 and its 200-day moving average is $75.03. The stock has a market capitalization of $3.14 billion, a price-to-earnings ratio of 19.66 and a beta of 0.56.

National Health Investors (NYSE:NHI) last released its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.93 earnings per share for the quarter, missing the consensus estimate of $1.29 by $0.36. The firm had revenue of $69.84 million during the quarter, compared to analyst estimates of $67.68 million. National Health Investors had a net margin of 59.24% and a return on equity of 12.56%. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.22 earnings per share. On average, equities research analysts anticipate that National Health Investors, Inc. will post $3.79 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 10th. Stockholders of record on Friday, September 29th will be paid a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 4.96%. The ex-dividend date is Thursday, September 28th. National Health Investors’s dividend payout ratio is currently 97.69%.

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Several analysts recently issued reports on NHI shares. Zacks Investment Research upgraded shares of National Health Investors from a “sell” rating to a “hold” rating in a report on Wednesday. Mizuho restated a “neutral” rating on shares of National Health Investors in a report on Wednesday, June 28th. BidaskClub lowered shares of National Health Investors from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. Stifel Nicolaus boosted their price objective on shares of National Health Investors from $80.00 to $82.00 and gave the company a “buy” rating in a report on Wednesday, June 21st. Finally, ValuEngine lowered shares of National Health Investors from a “buy” rating to a “hold” rating in a report on Tuesday, June 13th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $79.60.

About National Health Investors

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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