Norges Bank Acquires New Holdings in National Health Investors, Inc. $NHI

Norges Bank bought a new position in shares of National Health Investors, Inc. (NYSE:NHI) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 724,125 shares of the real estate investment trust’s stock, valued at approximately $55,301,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. NewEdge Advisors LLC increased its holdings in shares of National Health Investors by 28.7% in the first quarter. NewEdge Advisors LLC now owns 1,546 shares of the real estate investment trust’s stock worth $114,000 after purchasing an additional 345 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in National Health Investors by 9.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 249,937 shares of the real estate investment trust’s stock valued at $18,460,000 after buying an additional 21,851 shares during the period. Jane Street Group LLC grew its position in National Health Investors by 1,728.4% during the first quarter. Jane Street Group LLC now owns 69,697 shares of the real estate investment trust’s stock worth $5,148,000 after buying an additional 65,885 shares in the last quarter. Cetera Investment Advisers increased its stake in National Health Investors by 6.1% in the 2nd quarter. Cetera Investment Advisers now owns 4,792 shares of the real estate investment trust’s stock worth $336,000 after acquiring an additional 275 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in National Health Investors by 2.2% in the 2nd quarter. American Century Companies Inc. now owns 19,236 shares of the real estate investment trust’s stock worth $1,349,000 after acquiring an additional 420 shares during the last quarter. 62.51% of the stock is currently owned by hedge funds and other institutional investors.

National Health Investors Price Performance

Shares of National Health Investors stock opened at $70.35 on Monday. The company has a current ratio of 8.20, a quick ratio of 8.20 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $3.41 billion, a PE ratio of 22.69, a price-to-earnings-growth ratio of 3.68 and a beta of 0.52. The business’s 50-day moving average price is $78.33 and its 200-day moving average price is $80.33. National Health Investors, Inc. has a 12 month low of $67.94 and a 12 month high of $91.38.

National Health Investors (NYSE:NHI) last announced its quarterly earnings data on Monday, May 4th. The real estate investment trust reported $0.82 EPS for the quarter, missing the consensus estimate of $1.21 by ($0.39). The firm had revenue of $115.13 million for the quarter, compared to the consensus estimate of $70.22 million. National Health Investors had a net margin of 36.86% and a return on equity of 9.82%. National Health Investors’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.15 earnings per share. National Health Investors has set its FY 2026 guidance at 4.740-4.790 EPS. Sell-side analysts forecast that National Health Investors, Inc. will post 5.07 EPS for the current fiscal year.

National Health Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Tuesday, June 30th will be given a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 5.2%. The ex-dividend date is Tuesday, June 30th. National Health Investors’s dividend payout ratio (DPR) is presently 118.71%.

Insider Transactions at National Health Investors

In related news, CEO D. Eric Mendelsohn purchased 1,500 shares of National Health Investors stock in a transaction that occurred on Friday, June 5th. The shares were acquired at an average cost of $68.84 per share, for a total transaction of $103,260.00. Following the transaction, the chief executive officer directly owned 133,316 shares in the company, valued at $9,177,473.44. The trade was a 1.14% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on NHI shares. Cantor Fitzgerald reiterated an “overweight” rating and set a $94.00 price target on shares of National Health Investors in a research report on Wednesday, April 22nd. Wells Fargo & Company lowered their target price on shares of National Health Investors from $84.00 to $79.00 and set an “equal weight” rating on the stock in a research note on Monday, June 1st. Weiss Ratings reiterated a “buy (b)” rating on shares of National Health Investors in a research report on Friday, March 27th. Finally, Truist Financial cut their price target on shares of National Health Investors from $92.00 to $89.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $86.67.

About National Health Investors

National Health Investors, Inc (NYSE: NHI) is a specialized real estate investment trust (REIT) focused on owning and financing high-quality healthcare and senior housing facilities in the United States. The company’s portfolio encompasses a diverse range of properties, including skilled nursing centers, assisted living and memory care communities, behavioral health facilities, dialysis clinics, and medical office buildings. NHI typically enters into long-term net-lease agreements with experienced healthcare operators, providing stable and predictable rental income streams while enabling its tenants to concentrate on delivering quality care.

Since its founding in 1991 and initial public offering later that year, National Health Investors has pursued a disciplined growth strategy centered on strategic acquisitions, joint ventures, and selective development.