Pensionfund DSM Netherlands Acquires 2,000 Shares of National Health Investors, Inc. (NYSE:NHI)

Pensionfund DSM Netherlands boosted its holdings in shares of National Health Investors, Inc. (NYSE:NHI) by 5.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,600 shares of the real estate investment trust’s stock after acquiring an additional 2,000 shares during the quarter. National Health Investors makes up approximately 1.3% of Pensionfund DSM Netherlands’ portfolio, making the stock its 28th largest holding. Pensionfund DSM Netherlands owned 0.09% of National Health Investors worth $2,362,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in NHI. Baystate Wealth Management LLC bought a new position in National Health Investors during the fourth quarter valued at approximately $39,000. Sound Income Strategies LLC raised its position in shares of National Health Investors by 33.5% in the fourth quarter. Sound Income Strategies LLC now owns 916 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 230 shares during the period. PNC Financial Services Group Inc. raised its position in shares of National Health Investors by 6.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,979 shares of the real estate investment trust’s stock valued at $222,000 after purchasing an additional 238 shares during the period. Van ECK Associates Corp raised its position in shares of National Health Investors by 4.3% in the third quarter. Van ECK Associates Corp now owns 4,889 shares of the real estate investment trust’s stock valued at $251,000 after purchasing an additional 202 shares during the period. Finally, Central Valley Advisors LLC bought a new position in shares of National Health Investors in the fourth quarter valued at approximately $289,000. Institutional investors own 62.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on NHI. BMO Capital Markets raised shares of National Health Investors from a “market perform” rating to an “outperform” rating and set a $67.00 price target on the stock in a research report on Tuesday, March 12th. Truist Financial lifted their price target on shares of National Health Investors from $55.00 to $58.00 and gave the company a “hold” rating in a research report on Thursday, April 4th. Wedbush boosted their target price on shares of National Health Investors from $64.00 to $66.00 and gave the stock an “outperform” rating in a research report on Monday, March 18th. Wells Fargo & Company boosted their target price on shares of National Health Investors from $63.00 to $69.00 and gave the stock an “overweight” rating in a research report on Thursday, May 30th. Finally, StockNews.com lowered shares of National Health Investors from a “buy” rating to a “hold” rating in a research report on Thursday, April 18th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, National Health Investors currently has a consensus rating of “Hold” and an average target price of $61.25.

National Health Investors Stock Performance

NHI traded up $0.65 during trading on Tuesday, reaching $67.60. 136,865 shares of the company’s stock were exchanged, compared to its average volume of 160,796. National Health Investors, Inc. has a fifty-two week low of $48.51 and a fifty-two week high of $68.14. The company has a quick ratio of 13.24, a current ratio of 13.24 and a debt-to-equity ratio of 0.91. The business has a 50 day moving average price of $64.11 and a 200 day moving average price of $59.29. The company has a market capitalization of $2.94 billion, a P/E ratio of 22.15 and a beta of 1.00.

National Health Investors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 2nd. Stockholders of record on Friday, June 28th will be paid a $0.90 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $3.60 annualized dividend and a dividend yield of 5.33%. National Health Investors’s dividend payout ratio is presently 118.03%.

Insider Activity

In other news, Director Robert A. Mccabe, Jr. bought 437 shares of National Health Investors stock in a transaction dated Friday, May 31st. The shares were bought at an average price of $65.83 per share, for a total transaction of $28,767.71. Following the purchase, the director now owns 21,585 shares of the company’s stock, valued at $1,420,940.55. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 8.21% of the stock is owned by corporate insiders.

About National Health Investors

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.