Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in National Health Investors, Inc. (NYSE:NHI – Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 8,726 shares of the real estate investment trust’s stock, valued at approximately $645,000.
A number of other institutional investors have also recently modified their holdings of the stock. Allianz Asset Management GmbH raised its stake in National Health Investors by 104.0% in the first quarter. Allianz Asset Management GmbH now owns 56,928 shares of the real estate investment trust’s stock valued at $4,205,000 after purchasing an additional 29,016 shares in the last quarter. Private Advisor Group LLC increased its holdings in National Health Investors by 159.5% in the 1st quarter. Private Advisor Group LLC now owns 15,206 shares of the real estate investment trust’s stock valued at $1,123,000 after buying an additional 9,346 shares during the period. Bailard Inc. bought a new position in National Health Investors in the 1st quarter valued at about $729,000. Xponance Inc. raised its position in shares of National Health Investors by 11.2% in the 1st quarter. Xponance Inc. now owns 3,334 shares of the real estate investment trust’s stock valued at $246,000 after buying an additional 337 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale lifted its holdings in shares of National Health Investors by 4.3% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 55,482 shares of the real estate investment trust’s stock worth $4,076,000 after acquiring an additional 2,273 shares during the period. 62.51% of the stock is currently owned by institutional investors.
National Health Investors Trading Up 2.1%
Shares of National Health Investors stock opened at $71.30 on Friday. The firm’s 50 day moving average is $71.16 and its 200 day moving average is $71.92. The firm has a market capitalization of $3.33 billion, a PE ratio of 22.63, a price-to-earnings-growth ratio of 3.60 and a beta of 0.73. National Health Investors, Inc. has a 1 year low of $65.13 and a 1 year high of $86.13. The company has a current ratio of 16.55, a quick ratio of 16.55 and a debt-to-equity ratio of 0.88.
National Health Investors Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Monday, June 30th were issued a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Monday, June 30th. National Health Investors’s dividend payout ratio is presently 114.29%.
Analyst Upgrades and Downgrades
NHI has been the topic of a number of recent analyst reports. Wedbush raised shares of National Health Investors to a “strong-buy” rating in a research note on Wednesday, July 2nd. KeyCorp upgraded National Health Investors from a “sector weight” rating to an “overweight” rating and set a $80.00 price target on the stock in a research note on Thursday, July 10th. Finally, Truist Financial raised National Health Investors from a “hold” rating to a “buy” rating and set a $77.00 price target for the company in a report on Wednesday, July 2nd. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.60.
View Our Latest Research Report on NHI
National Health Investors Profile
Incorporated in 1991, National Health Investors, Inc (NYSE:NHI) is a real estate investment trust specializing in sale, leasebacks, joint-ventures, senior housing operating partnerships, and mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI's portfolio consists of independent living, assisted living and memory care communities, entrance-fee retirement communities, skilled nursing facilities, and specialty hospitals.
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