Oberweis Asset Management Inc. raised its holdings in National Health Investors Inc (NYSE:NHI) by 14.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,440 shares of the real estate investment trust’s stock after buying an additional 700 shares during the period. Oberweis Asset Management Inc.’s holdings in National Health Investors were worth $411,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Eii Capital Management Inc. boosted its position in National Health Investors by 3.1% in the 4th quarter. Eii Capital Management Inc. now owns 6,674 shares of the real estate investment trust’s stock valued at $504,000 after buying an additional 200 shares during the period. Pinnacle Financial Partners Inc. boosted its position in National Health Investors by 1.2% in the 4th quarter. Pinnacle Financial Partners Inc. now owns 20,670 shares of the real estate investment trust’s stock valued at $1,561,000 after buying an additional 250 shares during the period. HL Financial Services LLC boosted its position in National Health Investors by 2.1% in the 4th quarter. HL Financial Services LLC now owns 11,958 shares of the real estate investment trust’s stock valued at $903,000 after buying an additional 250 shares during the period. State of Alaska Department of Revenue lifted its position in shares of National Health Investors by 1.9% during the 4th quarter. State of Alaska Department of Revenue now owns 13,344 shares of the real estate investment trust’s stock worth $1,007,000 after purchasing an additional 255 shares during the last quarter. Finally, Hsbc Holdings PLC lifted its position in shares of National Health Investors by 3.7% during the 4th quarter. Hsbc Holdings PLC now owns 7,475 shares of the real estate investment trust’s stock worth $564,000 after purchasing an additional 266 shares during the last quarter. 70.77% of the stock is owned by institutional investors.

In related news, Director Robert A. Mccabe, Jr. sold 1,181 shares of National Health Investors stock in a transaction on Thursday, February 21st. The shares were 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 can be accessed through this link. 5.63% of the stock is owned by company insiders.

National Health Investors stock opened at $78.63 on Friday. The firm has a market cap of $3.36 billion, a PE ratio of 14.35 and a beta of 0.51. National Health Investors Inc has a 12-month low of $65.10 and a 12-month high of $84.57. The company has a debt-to-equity ratio of 0.92, a current ratio of 17.92 and a quick ratio of 17.92.

National Health Investors (NYSE:NHI) last announced its quarterly earnings results on Tuesday, February 19th. The real estate investment trust reported $0.87 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.39 by ($0.52). National Health Investors had a return on equity of 11.36% and a net margin of 52.38%. The company had revenue of $74.00 million for the quarter, compared to analyst estimates of $75.16 million. During the same quarter in the prior year, the business earned $1.35 earnings per share. National Health Investors’s revenue was up 4.1% compared to the same quarter last year. As a group, sell-side analysts forecast that National Health Investors Inc will post 5.5 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, May 10th. Investors of record on Friday, March 29th will be paid a dividend of $1.05 per share. This is a positive change from National Health Investors’s previous quarterly dividend of $1.00. This represents a $4.20 annualized dividend and a yield of 5.34%. The ex-dividend date is Thursday, March 28th. National Health Investors’s dividend payout ratio (DPR) is currently 72.99%.

Several equities research analysts have recently issued reports on NHI shares. ValuEngine raised shares of National Health Investors from a “hold” rating to a “buy” rating in a research report on Tuesday, December 11th. Zacks Investment Research raised shares of National Health Investors from a “sell” rating to a “hold” rating in a research report on Wednesday, March 6th. SunTrust Banks lifted their price objective on shares of National Health Investors to $85.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 20th. They noted that the move was a valuation call. KeyCorp set a $65.00 price objective on shares of National Health Investors and gave the stock a “sell” rating in a research report on Thursday, December 20th. Finally, BMO Capital Markets cut shares of National Health Investors from a “market perform” rating to an “underperform” rating and set a $78.00 price objective for the company. in a research report on Wednesday, February 20th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. National Health Investors currently has a consensus rating of “Hold” and an average 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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