The Profund Advisors LLC Cuts Position in National Health Investors Inc (NHI)

The Profund Advisors LLC Cuts Position in National Health Investors Inc (NHI)

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NHI. Jane Street Group LLC bought a new position in National Health Investors during the third quarter worth $1,013,000. Credit Agricole S A increased its position in National Health Investors by 40.9% in the fourth quarter. Credit Agricole S A now owns 27,455 shares of the real estate investment trust’s stock worth $2,036,000 after buying an additional 7,972 shares in the last quarter. Guggenheim Capital LLC increased its position in National Health Investors by 130.7% in the fourth quarter. Guggenheim Capital LLC now owns 65,111 shares of the real estate investment trust’s stock worth $4,829,000 after buying an additional 36,885 shares in the last quarter. GW&K Investment Management LLC increased its position in National Health Investors by 1.2% in the first quarter. GW&K Investment Management LLC now owns 641,556 shares of the real estate investment trust’s stock worth $46,596,000 after buying an additional 7,335 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System increased its position in National Health Investors by 1.1% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 25,128 shares of the real estate investment trust’s stock worth $1,864,000 after buying an additional 274 shares in the last quarter. 72.31% of the stock is owned by hedge funds and other institutional investors.

Profund Advisors LLC decreased its position in shares of National Health Investors Inc (NYSE:NHI) by 6.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,996 shares of the real estate investment trust’s stock after selling 199 shares during the period. Profund Advisors LLC’s holdings in National Health Investors were worth $218,000 at the end of the most recent quarter.

Shares of National Health Investors Inc (NHI) opened at 77.13 on Monday. The stock has a market capitalization of $3.16 billion, a PE ratio of 18.73 and a beta of 0.56. National Health Investors Inc has a 52 week low of $66.31 and a 52 week high of $82.53. The company’s 50 day moving average is $74.84 and its 200-day moving average is $73.44.

National Health Investors (NYSE:NHI) last issued its quarterly earnings results on Tuesday, May 9th. The real estate investment trust reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.26 by $0.16. National Health Investors had a net margin of 68.03% and a return on equity of 14.12%. The firm had revenue of $66.39 million for the quarter, compared to analysts’ expectations of $65.42 million. During the same period in the prior year, the firm earned $1.16 EPS. National Health Investors’s revenue for the quarter was up 12.5% compared to the same quarter last year. On average, equities analysts predict that National Health Investors Inc will post $3.73 earnings per share for the current year. The business also recently announced a quarterly dividend, which will be paid on Thursday, August 10th. Stockholders of record on Friday, June 30th will be issued a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 4.93%. The ex-dividend date is Wednesday, June 28th. National Health Investors’s dividend payout ratio (DPR) is presently 84.11%.

National Health Investors (NYSE:NHI) last issued its quarterly earnings results on Tuesday, May 9th. The real estate investment trust reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.26 by $0.16. National Health Investors had a net margin of 68.03% and a return on equity of 14.12%. The firm had revenue of $66.39 million for the quarter, compared to analysts’ expectations of $65.42 million. During the same period in the prior year, the firm earned $1.16 EPS. National Health Investors’s revenue for the quarter was up 12.5% compared to the same quarter last year. On average, equities analysts predict that National Health Investors Inc will post $3.73 earnings per share for the current year. A number of research analysts have recently weighed in on NHI shares. Cantor Fitzgerald reissued a “neutral” rating and set a $75.00 target price on shares of National Health Investors in a research report on Tuesday, February 21st. Zacks Investment Research raised shares of National Health Investors from a “hold” rating to a “buy” rating and set a $81.00 target price for the company in a research report on Wednesday, May 10th. Finally, Bank of America Corp cut shares of National Health Investors from a “neutral” rating to an “underperform” rating and set a $76.00 price target on the stock. in a research note on Monday, May 22nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. National Health Investors currently has an average rating of “Hold” and a consensus price target of $78.60.

About National Health Investors 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NHI”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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