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

Sound Income Strategies LLC trimmed its position in shares of National Health Investors, Inc. (NYSE:NHI) by 41.1% during the 3rd quarter, according to its most recent Form 13F 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 quarter. Sound Income Strategies LLC owned approximately 0.32% of National Health Investors worth $10,283,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of NHI. BlackRock Inc. acquired a new position in shares of National Health Investors in the 2nd quarter worth approximately $665,997,000. Principal Financial Group Inc. boosted its stake in National Health Investors by 2.0% in the first quarter. Principal Financial Group Inc. now owns 1,700,908 shares of the real estate investment trust’s stock worth $137,537,000 after purchasing an additional 32,902 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of National Health Investors during the second quarter worth $122,509,000. Centersquare Investment Management LLC increased its stake in shares of National Health Investors by 17.0% in the fourth quarter. Centersquare Investment Management LLC now owns 1,154,060 shares of the real estate investment trust’s stock valued at $88,136,000 after buying an additional 167,352 shares in the last quarter. Finally, Bank of America Corp DE acquired a new stake in shares of National Health Investors in the second quarter valued at $77,738,000. Institutional investors and hedge funds own 62.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Truist Financial reduced 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. Weiss Ratings cut shares of National Health Investors from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, September 25th. Wells Fargo & Company reduced their target price on National Health Investors from $79.00 to $78.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 1st. National Bank Financial set a $79.00 target price on National Health Investors in a research report on Wednesday, September 9th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of National Health Investors from $85.00 to $80.00 and set a “hold” rating on the stock in a research report on Thursday, June 25th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $82.25.

National Health Investors Stock Up 0.4%

Shares of National Health Investors stock traded up $0.23 on Friday, hitting $64.81. The company had a trading volume of 167,539 shares, compared to its average volume of 422,807. The stock has a 50-day moving average of $70.53 and a 200-day moving average of $74.95. The company has a debt-to-equity ratio of 0.81, a current ratio of 6.78 and a quick ratio of 6.78. National Health Investors, Inc. has a twelve month low of $63.51 and a twelve month high of $91.38. The firm has a market capitalization of $3.18 billion, a P/E ratio of 18.73, a P/E/G ratio of 3.41 and a beta of 0.49.

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

National Health Investors Announces Dividend

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

About National Health Investors

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.