Legal & General Group Plc Purchases 46,715 Shares of National Health Investors, Inc. $NHI

Legal & General Group Plc increased its position in shares of National Health Investors, Inc. (NYSE:NHI) by 22.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 251,588 shares of the real estate investment trust’s stock after acquiring an additional 46,715 shares during the period. Legal & General Group Plc’s holdings in National Health Investors were worth $19,214,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC grew its position in National Health Investors by 41.8% during the 4th quarter. GAMMA Investing LLC now owns 461 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 136 shares during the last quarter. PNC Financial Services Group Inc. grew its position in National Health Investors by 5.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,731 shares of the real estate investment trust’s stock worth $297,000 after acquiring an additional 177 shares during the last quarter. Arizona State Retirement System grew its position in National Health Investors by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 13,818 shares of the real estate investment trust’s stock worth $1,099,000 after acquiring an additional 191 shares during the last quarter. Mackenzie Financial Corp grew its position in National Health Investors by 6.7% during the 3rd quarter. Mackenzie Financial Corp now owns 3,201 shares of the real estate investment trust’s stock worth $254,000 after acquiring an additional 200 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in shares of National Health Investors by 0.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 24,603 shares of the real estate investment trust’s stock valued at $1,725,000 after buying an additional 200 shares during the last quarter. Institutional investors own 62.51% of the company’s stock.

National Health Investors Stock Down 2.1%

NHI stock opened at $71.77 on Tuesday. The stock’s 50 day simple moving average is $79.33 and its 200 day simple moving average is $80.53. National Health Investors, Inc. has a fifty-two week low of $68.80 and a fifty-two week high of $91.38. The company has a debt-to-equity ratio of 0.83, a quick ratio of 8.20 and a current ratio of 8.20. The company has a market cap of $3.48 billion, a P/E ratio of 23.15, a price-to-earnings-growth ratio of 3.82 and a beta of 0.55.

National Health Investors (NYSE:NHI) last posted its quarterly earnings results on Monday, May 4th. The real estate investment trust reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.39). National Health Investors had a return on equity of 9.82% and a net margin of 36.86%.The firm had revenue of $115.13 million for the quarter, compared to analyst estimates of $70.22 million. During the same period last year, the company posted $1.15 earnings per share. The firm’s quarterly revenue was up 28.9% compared to the same quarter last year. National Health Investors has set its FY 2026 guidance at 4.740-4.790 EPS. On average, research analysts expect that National Health Investors, Inc. will post 5.07 earnings per share for the current fiscal year.

National Health Investors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Tuesday, June 30th. National Health Investors’s dividend payout ratio is 118.71%.

Analyst Ratings Changes

NHI has been the topic of a number of analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of National Health Investors in a research report on Friday, March 27th. Wells Fargo & Company reduced their price target on National Health Investors from $84.00 to $79.00 and set an “equal weight” rating on the stock in a research report on Monday. Truist Financial reduced their price target on National Health Investors from $92.00 to $89.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $94.00 price target on shares of National Health Investors in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $86.67.

National Health Investors Company 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.