Principal Financial Group Inc. Sells 17,945 Shares of National Health Investors, Inc. $NHI

Principal Financial Group Inc. cut its stake in National Health Investors, Inc. (NYSE:NHI) by 1.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,637,038 shares of the real estate investment trust’s stock after selling 17,945 shares during the period. Principal Financial Group Inc. owned approximately 3.45% of National Health Investors worth $130,145,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Assetmark Inc. raised its position in shares of National Health Investors by 19.0% during the second quarter. Assetmark Inc. now owns 925 shares of the real estate investment trust’s stock worth $65,000 after acquiring an additional 148 shares during the last quarter. Creative Planning lifted its stake in National Health Investors by 2.2% during the 2nd quarter. Creative Planning now owns 8,217 shares of the real estate investment trust’s stock valued at $576,000 after acquiring an additional 177 shares in the last quarter. Aviance Capital Partners LLC increased its position in shares of National Health Investors by 3.8% during the second quarter. Aviance Capital Partners LLC now owns 5,225 shares of the real estate investment trust’s stock valued at $366,000 after acquiring an additional 189 shares during the last quarter. Summit Investment Advisors Inc. grew its position in shares of National Health Investors by 4.5% during the 1st quarter. Summit Investment Advisors Inc. now owns 4,429 shares of the real estate investment trust’s stock valued at $327,000 after acquiring an additional 189 shares during the period. Finally, NFP Retirement Inc. lifted its position in shares of National Health Investors by 0.8% during the 2nd quarter. NFP Retirement Inc. now owns 24,858 shares of the real estate investment trust’s stock valued at $1,743,000 after buying an additional 190 shares during the last quarter. Institutional investors own 62.51% of the company’s stock.

National Health Investors Trading Down 2.1%

Shares of NHI stock opened at $80.42 on Tuesday. National Health Investors, Inc. has a 52-week low of $65.22 and a 52-week high of $82.39. The company has a debt-to-equity ratio of 0.74, a quick ratio of 10.64 and a current ratio of 10.64. The firm has a market capitalization of $3.83 billion, a PE ratio of 25.37, a PEG ratio of 2.81 and a beta of 0.66. The stock has a fifty day simple moving average of $78.34 and a two-hundred day simple moving average of $76.76.

National Health Investors (NYSE:NHI) last released its earnings results on Thursday, November 6th. The real estate investment trust reported $1.32 EPS for the quarter, topping the consensus estimate of $1.24 by $0.08. The firm had revenue of $83.36 million for the quarter, compared to the consensus estimate of $85.66 million. National Health Investors had a net margin of 41.38% and a return on equity of 10.17%. The company’s quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.03 earnings per share. National Health Investors has set its FY 2025 guidance at 4.880-4.91 EPS. On average, analysts predict that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.92 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 4.6%. National Health Investors’s dividend payout ratio is currently 116.09%.

Analyst Ratings Changes

A number of research analysts have recently commented on NHI shares. Deutsche Bank Aktiengesellschaft lowered shares of National Health Investors from a “buy” rating to a “hold” rating and set a $85.00 price target for the company. in a research report on Tuesday, January 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of National Health Investors in a research note on Monday, December 29th. Cantor Fitzgerald set a $85.00 target price on National Health Investors in a report on Monday, January 5th. Truist Financial raised their target price on National Health Investors from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Finally, Wells Fargo & Company upped their price target on National Health Investors from $80.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $85.57.

National Health Investors Profile

National Health Investors, Inc (NYSE: NHI) is a specialized real estate investment trust (REIT) focused on owning and financing high-quality healthcare and senior housing facilities in the United States. The company’s portfolio encompasses a diverse range of properties, including skilled nursing centers, assisted living and memory care communities, behavioral health facilities, dialysis clinics, and medical office buildings. NHI typically enters into long-term net-lease agreements with experienced healthcare operators, providing stable and predictable rental income streams while enabling its tenants to concentrate on delivering quality care.

Since its founding in 1991 and initial public offering later that year, National Health Investors has pursued a disciplined growth strategy centered on strategic acquisitions, joint ventures, and selective development.