Sound Income Strategies LLC Has $13.11 Million Position in National Health Investors, Inc. (NYSE:NHI)

Sound Income Strategies LLC raised its holdings in National Health Investors, Inc. (NYSE:NHI) by 11.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 189,131 shares of the real estate investment trust’s stock after acquiring an additional 19,549 shares during the quarter. Sound Income Strategies LLC’s holdings in National Health Investors were worth $13,107,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Zimmer Partners LP bought a new position in shares of National Health Investors during the 3rd quarter valued at $25,218,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in National Health Investors by 332.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 242,326 shares of the real estate investment trust’s stock valued at $20,370,000 after buying an additional 186,238 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of National Health Investors by 17.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 852,377 shares of the real estate investment trust’s stock worth $71,651,000 after buying an additional 123,596 shares during the last quarter. Waterfront Capital Partners LLC acquired a new stake in shares of National Health Investors in the third quarter worth about $10,097,000. Finally, Easterly Investment Partners LLC bought a new stake in shares of National Health Investors during the 3rd quarter worth about $5,632,000. 62.51% of the stock is owned by institutional investors.

National Health Investors Stock Up 0.8 %

Shares of NHI stock opened at $68.92 on Friday. National Health Investors, Inc. has a 12 month low of $51.59 and a 12 month high of $86.13. The company has a quick ratio of 10.29, a current ratio of 10.29 and a debt-to-equity ratio of 0.92. The firm has a market cap of $3.13 billion, a PE ratio of 23.68, a price-to-earnings-growth ratio of 4.34 and a beta of 1.06. The stock has a 50 day moving average of $71.85 and a 200-day moving average of $75.80.

National Health Investors (NYSE:NHI) last released its earnings results on Tuesday, November 5th. The real estate investment trust reported $0.65 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.42). National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The company had revenue of $63.32 million for the quarter, compared to analyst estimates of $67.93 million. During the same quarter in the previous year, the company earned $1.08 earnings per share. National Health Investors’s revenue for the quarter was up 1.7% compared to the same quarter last year. On average, equities analysts predict that National Health Investors, Inc. will post 4.41 EPS for the current year.

National Health Investors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 29th. Investors of record on Tuesday, December 31st will be paid a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 5.22%. The ex-dividend date of this dividend is Tuesday, December 31st. National Health Investors’s payout ratio is presently 123.71%.

Analyst Ratings Changes

NHI has been the topic of a number of recent analyst reports. Wells Fargo & Company downgraded National Health Investors from an “overweight” rating to an “equal weight” rating and raised their price objective for the company from $81.00 to $86.00 in a research note on Tuesday, October 1st. StockNews.com lowered shares of National Health Investors from a “buy” rating to a “hold” rating in a research report on Tuesday, October 15th. Finally, Truist Financial decreased their price objective on shares of National Health Investors from $78.00 to $72.00 and set a “hold” rating for the company in a report on Monday, December 23rd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $75.33.

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.