Shares of National Health Investors Inc (NYSE:NHI) have been assigned an average recommendation of “Hold” from the twelve analysts that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $79.14.
A number of equities analysts have issued reports on the company. KeyCorp reaffirmed an “underweight” rating on shares of National Health Investors in a report on Tuesday, December 19th. Zacks Investment Research raised National Health Investors from a “hold” rating to a “buy” rating and set a $89.00 price target for the company in a research note on Friday, September 15th. Capital One Financial started coverage on National Health Investors in a research note on Monday, October 23rd. They issued an “equal weight” rating for the company. Mizuho reissued a “hold” rating and issued a $82.00 price target on shares of National Health Investors in a research note on Wednesday, October 4th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $82.00 price target on shares of National Health Investors in a research note on Wednesday, October 4th.
Hedge funds have recently modified their holdings of the company. Jacobi Capital Management LLC increased its stake in shares of National Health Investors by 187.7% in the third quarter. Jacobi Capital Management LLC now owns 1,827 shares of the real estate investment trust’s stock valued at $142,000 after buying an additional 1,192 shares during the period. Fortaleza Asset Management Inc. grew its stake in National Health Investors by 123.7% during the third quarter. Fortaleza Asset Management Inc. now owns 2,740 shares of the real estate investment trust’s stock worth $212,000 after purchasing an additional 1,515 shares during the period. Yorktown Management & Research Co Inc acquired a new stake in National Health Investors during the second quarter worth approximately $214,000. Cubist Systematic Strategies LLC acquired a new stake in National Health Investors during the third quarter worth approximately $237,000. Finally, Profund Advisors LLC grew its stake in National Health Investors by 4.3% during the second quarter. Profund Advisors LLC now owns 3,126 shares of the real estate investment trust’s stock worth $248,000 after purchasing an additional 130 shares during the period. 70.08% of the stock is owned by institutional investors.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be paid a $0.95 dividend. The ex-dividend date is Thursday, December 28th. This represents a $3.80 annualized dividend and a dividend yield of 5.45%. National Health Investors’s payout ratio is 95.00%.
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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.
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