111,027 National Health Investors, Inc. $NHI Shares Sold by Sound Income Strategies LLC

Sound Income Strategies LLC reduced its holdings in National Health Investors, Inc. (NYSE:NHI) by 41.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 159,225 shares of the real estate investment trust’s stock after selling 111,027 shares during the period. Sound Income Strategies LLC’s holdings in National Health Investors were worth $10,283,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NHI. BlackRock Inc. bought a new position in shares of National Health Investors in the 2nd quarter valued at about $665,997,000. Bank of New York Mellon Corp acquired a new stake in shares of National Health Investors in the 2nd quarter valued at approximately $122,509,000. Bank of America Corp DE bought a new position in shares of National Health Investors in the second quarter valued at $77,738,000. Legal & General Group Plc bought a new position in shares of National Health Investors in the second quarter valued at $21,745,000. Finally, Centersquare Investment Management LLC increased its holdings in National Health Investors by 17.0% during the fourth quarter. Centersquare Investment Management LLC now owns 1,154,060 shares of the real estate investment trust’s stock worth $88,136,000 after buying an additional 167,352 shares during the last quarter. 62.51% of the stock is owned by institutional investors.

National Health Investors Stock Performance

Shares of National Health Investors stock traded up $0.23 on Friday, hitting $64.81. The stock had a trading volume of 167,539 shares, compared to its average volume of 422,807. The stock has a market cap of $3.18 billion, a price-to-earnings ratio of 18.73, a price-to-earnings-growth ratio of 3.41 and a beta of 0.49. The company has a quick ratio of 6.78, a current ratio of 6.78 and a debt-to-equity ratio of 0.81. National Health Investors, Inc. has a twelve month low of $63.51 and a twelve month high of $91.38. The business’s 50 day moving average is $70.53 and its two-hundred day moving average is $74.95.

National Health Investors (NYSE:NHI) last released its quarterly earnings results on Monday, August 10th. The real estate investment trust reported $1.19 earnings per share for the quarter. The business had revenue of $121.32 million during the quarter. National Health Investors had a return on equity of 10.89% and a net margin of 38.56%.The business’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.22 earnings per share. National Health Investors has set its FY 2026 guidance at 4.740-4.790 EPS. Analysts forecast that National Health Investors, Inc. will post 4.76 EPS for the current year.

National Health Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 6th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.92 per share. The ex-dividend date is Wednesday, September 30th. This represents a $3.68 annualized dividend and a yield of 5.7%. National Health Investors’s dividend payout ratio (DPR) is presently 108.67%.

Wall Street Analyst Weigh In

Several research firms have issued reports on NHI. Truist Financial dropped their price target on shares of National Health Investors from $81.00 to $80.00 and set a “buy” rating on the stock in a research report on Wednesday, September 2nd. BMO Capital Markets reiterated an “outperform” rating on shares of National Health Investors in a report on Wednesday, September 23rd. Zacks Research raised National Health Investors from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 29th. National Bank Financial set a $79.00 price objective on National Health Investors in a research note on Wednesday, September 9th. Finally, Wells Fargo & Company cut their price objective on National Health Investors from $79.00 to $78.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 1st. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $82.25.

National Health Investors Company Profile

National Health Investors, Inc (NYSE:NHI) is a self-managed real estate investment trust that owns and finances healthcare-related real estate. The company primarily invests in properties used by seniors and patients, including senior housing communities, skilled nursing facilities, medical office buildings and other healthcare facilities.

NHI generally leases its properties to healthcare operators under long-term agreements and may provide mortgage or other financing to support the development and operation of healthcare real estate.