EMC Capital Management Sells 526 Shares of National Health Investors, Inc. (NYSE:NHI)

EMC Capital Management cut its stake in National Health Investors, Inc. (NYSE:NHI) by 15.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,831 shares of the real estate investment trust’s stock after selling 526 shares during the period. EMC Capital Management’s holdings in National Health Investors were worth $178,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Jupiter Asset Management Ltd. raised its stake in shares of National Health Investors by 448.7% in the first quarter. Jupiter Asset Management Ltd. now owns 76,875 shares of the real estate investment trust’s stock worth $4,830,000 after acquiring an additional 62,865 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of National Health Investors by 3,690.7% during the fourth quarter. International Assets Investment Management LLC now owns 28,430 shares of the real estate investment trust’s stock worth $1,588,000 after buying an additional 27,680 shares during the last quarter. Land & Buildings Investment Management LLC raised its stake in shares of National Health Investors by 81.8% during the fourth quarter. Land & Buildings Investment Management LLC now owns 412,052 shares of the real estate investment trust’s stock worth $23,013,000 after buying an additional 185,377 shares during the last quarter. Susquehanna Fundamental Investments LLC bought a new stake in shares of National Health Investors during the first quarter worth approximately $547,000. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of National Health Investors by 9.9% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 407,855 shares of the real estate investment trust’s stock worth $25,626,000 after buying an additional 36,653 shares during the last quarter. 62.51% of the stock is owned by institutional investors.

National Health Investors Stock Down 0.5 %

Shares of National Health Investors stock traded down $0.41 on Friday, hitting $74.30. The company had a trading volume of 205,095 shares, compared to its average volume of 164,257. The firm has a market capitalization of $3.23 billion, a P/E ratio of 24.44 and a beta of 1.02. National Health Investors, Inc. has a twelve month low of $48.51 and a twelve month high of $76.65. The company has a debt-to-equity ratio of 0.91, a current ratio of 13.24 and a quick ratio of 13.24. The stock has a 50-day moving average of $69.02 and a 200-day moving average of $62.67.

National Health Investors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 2nd. Stockholders of record on Friday, June 28th will be issued a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 4.85%. The ex-dividend date is Friday, June 28th. National Health Investors’s dividend payout ratio (DPR) is presently 118.03%.

Insider Activity

In other National Health Investors news, Director Robert A. Mccabe, Jr. bought 437 shares of National Health Investors stock in a transaction that occurred on Friday, May 31st. The stock was acquired at an average price of $65.83 per share, for a total transaction of $28,767.71. Following the completion of the acquisition, the director now owns 21,585 shares of the company’s stock, valued at approximately $1,420,940.55. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 7.26% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on NHI shares. Truist Financial boosted their price target on shares of National Health Investors from $58.00 to $65.00 and gave the stock a “hold” rating in a research note on Wednesday, June 26th. StockNews.com downgraded shares of National Health Investors from a “buy” rating to a “hold” rating in a research note on Thursday, April 18th. Finally, Wells Fargo & Company boosted their price objective on shares of National Health Investors from $63.00 to $69.00 and gave the company an “overweight” rating in a report on Thursday, May 30th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $62.13.

National Health Investors Company 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.