National Health Investors, Inc. (NHI) Holdings Lifted by First Trust Advisors LP

First Trust Advisors LP raised its holdings in National Health Investors, Inc. (NYSE:NHI) by 29.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 99,856 shares of the real estate investment trust’s stock after acquiring an additional 22,938 shares during the period. First Trust Advisors LP owned about 0.24% of National Health Investors worth $7,718,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. grew its position in National Health Investors by 9.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 161,309 shares of the real estate investment trust’s stock valued at $11,716,000 after acquiring an additional 14,297 shares during the last quarter. Prudential Financial Inc. grew its holdings in shares of National Health Investors by 137.4% during the second quarter. Prudential Financial Inc. now owns 13,683 shares of the real estate investment trust’s stock worth $1,084,000 after purchasing an additional 7,920 shares during the last quarter. Tocqueville Asset Management L.P. grew its holdings in shares of National Health Investors by 2.3% during the second 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 last quarter. Good Life Advisors LLC bought a new stake in shares of National Health Investors during the second quarter worth about $282,000. Finally, Legal & General Group Plc grew its holdings in shares of National Health Investors by 12.8% during the second quarter. Legal & General Group Plc now owns 102,004 shares of the real estate investment trust’s stock worth $8,077,000 after purchasing an additional 11,556 shares during the last quarter. Hedge funds and other institutional investors own 70.14% of the company’s stock.



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In other news, insider Kevin Carlton Pascoe sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $79.80, for a total transaction of $159,600.00. Following the transaction, the insider now directly owns 21,228 shares of the company’s stock, valued at $1,693,994.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.19% of the stock is owned by corporate insiders.

National Health Investors, Inc. (NYSE:NHI) opened at $76.66 on Monday. The company has a current ratio of 12.72, a quick ratio of 12.72 and a debt-to-equity ratio of 0.84. National Health Investors, Inc. has a 12-month low of $67.33 and a 12-month high of $81.21. The firm has a market capitalization of $3,183.85, a P/E ratio of 14.71, a PEG ratio of 3.80 and a beta of 0.58.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.96%. The ex-dividend date of this dividend is Thursday, December 28th. National Health Investors’s payout ratio is 95.00%.

NHI has been the topic of several research reports. Zacks Investment Research upgraded National Health Investors from a “hold” rating to a “buy” rating and set a $90.00 price target on the stock in a report on Tuesday, September 5th. Stifel Nicolaus reiterated a “buy” rating and issued a $82.00 target price on shares of National Health Investors in a report on Wednesday, October 4th. ValuEngine upgraded National Health Investors from a “hold” rating to a “buy” rating in a report on Friday. Capital One Financial Corporation began coverage on National Health Investors in a report on Monday, October 23rd. They issued an “equal weight” rating on the stock. Finally, KeyCorp reiterated a “hold” rating on shares of National Health Investors in a report on Sunday, September 17th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $80.14.

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.

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

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