National Health Investors Inc (NHI) Director Buys $20,574.49 in Stock

National Health Investors Inc (NYSE:NHI) Director Robert A. Mccabe, Jr. bought 263 shares of the stock in a transaction on Wednesday, November 29th. The shares were bought at an average price of $78.23 per share, for a total transaction of $20,574.49. Following the acquisition, the director now owns 10,691 shares in the company, valued at approximately $836,356.93. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

National Health Investors Inc (NYSE NHI) traded up $0.24 during trading hours on Tuesday, reaching $78.48. The company’s stock had a trading volume of 214,500 shares, compared to its average volume of 207,969. The company has a quick ratio of 12.72, a current ratio of 12.72 and a debt-to-equity ratio of 0.84. National Health Investors Inc has a one year low of $68.96 and a one year high of $81.21. The stock has a market capitalization of $3,249.48, a price-to-earnings ratio of 15.02, a PEG ratio of 3.84 and a beta of 0.59.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Friday, December 29th will be given a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 4.84%. The ex-dividend date of this dividend is Thursday, December 28th. National Health Investors’s dividend payout ratio (DPR) is presently 95.00%.

A number of large investors have recently added to or reduced their stakes in the business. US Bancorp DE increased its position in shares of National Health Investors by 0.5% during the second quarter. US Bancorp DE now owns 8,836 shares of the real estate investment trust’s stock worth $700,000 after acquiring an additional 44 shares during the last quarter. Woodmont Investment Counsel LLC increased its position in shares of National Health Investors by 1.3% during the second quarter. Woodmont Investment Counsel LLC now owns 3,414 shares of the real estate investment trust’s stock worth $270,000 after acquiring an additional 45 shares during the last quarter. Teacher Retirement System of Texas increased its position in shares of National Health Investors by 2.0% during the second quarter. Teacher Retirement System of Texas now owns 3,192 shares of the real estate investment trust’s stock worth $253,000 after acquiring an additional 62 shares during the last quarter. QS Investors LLC increased its position in shares of National Health Investors by 0.8% during the second quarter. QS Investors LLC now owns 7,934 shares of the real estate investment trust’s stock worth $628,000 after acquiring an additional 62 shares during the last quarter. Finally, Lee Financial Co increased its position in shares of National Health Investors by 1.1% during the second quarter. Lee Financial Co now owns 8,878 shares of the real estate investment trust’s stock worth $703,000 after acquiring an additional 95 shares during the last quarter. 70.52% of the stock is currently owned by institutional investors.

Several brokerages recently weighed in on NHI. Zacks Investment Research lowered National Health Investors from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. KeyCorp reaffirmed a “hold” rating on shares of National Health Investors in a research report on Sunday, September 17th. Finally, BidaskClub raised National Health Investors from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $80.14.

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National Health Investors Company Profile

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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