Prudential Financial Inc. lessened its holdings in National Health Investors Inc (NYSE:NHI) by 59.3% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,573 shares of the real estate investment trust’s stock after selling 8,110 shares during the period. Prudential Financial Inc.’s holdings in National Health Investors were worth $431,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Tocqueville Asset Management L.P. lifted its stake in shares of National Health Investors by 2.3% in the 2nd quarter. Tocqueville Asset Management L.P. now owns 4,400 shares of the real estate investment trust’s stock worth $348,000 after purchasing an additional 100 shares during the period. Good Life Advisors LLC bought a new position in shares of National Health Investors in the 2nd quarter worth approximately $282,000. Dupont Capital Management Corp bought a new position in shares of National Health Investors in the 3rd quarter worth approximately $2,087,000. Legal & General Group Plc increased its holdings in National Health Investors by 12.8% in the 2nd quarter. Legal & General Group Plc now owns 102,004 shares of the real estate investment trust’s stock worth $8,077,000 after acquiring an additional 11,556 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in National Health Investors by 29.8% in the 3rd quarter. First Trust Advisors LP now owns 99,856 shares of the real estate investment trust’s stock worth $7,718,000 after acquiring an additional 22,938 shares in the last quarter. Hedge funds and other institutional investors own 70.52% of the company’s stock.

National Health Investors Inc (NYSE NHI) traded up $0.30 during trading on Monday, reaching $78.24. 122,600 shares of the company traded hands, compared to its average volume of 207,941. The stock has a market cap of $3,249.48, a price-to-earnings ratio of 15.02, a price-to-earnings-growth ratio of 3.84 and a beta of 0.59. National Health Investors Inc has a one year low of $68.96 and a one year high of $81.21. The company has a quick ratio of 12.72, a current ratio of 12.72 and a debt-to-equity ratio of 0.84.

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

Several research firms recently issued reports on NHI. Zacks Investment Research lowered shares of National Health Investors from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. KeyCorp reissued a “hold” rating on shares of National Health Investors in a report on Sunday, September 17th. Finally, BidaskClub raised shares of National Health Investors from a “sell” rating to a “hold” rating in a report on Thursday, August 17th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company’s stock. National Health Investors presently has a consensus rating of “Hold” and a consensus target price of $80.14.

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National Health Investors 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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