Daiwa Securities Group Inc. Purchases 1,153 Shares of National Health Investors, Inc. (NYSE:NHI)

Posted by Defense World Staff on Jul 29th, 2023

Daiwa Securities Group Inc. increased its stake in shares of National Health Investors, Inc. (NYSE:NHI – Free Report) by 9.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,252 shares of the real estate investment trust’s stock after acquiring an additional 1,153 shares during the quarter. Daiwa Securities Group Inc.’s holdings in National Health Investors were worth $684,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of National Health Investors by 1.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 22,403 shares of the real estate investment trust’s stock worth $1,170,000 after acquiring an additional 276 shares during the last quarter. Redmont Wealth Advisors LLC boosted its position in shares of National Health Investors by 3.5% during the first quarter. Redmont Wealth Advisors LLC now owns 8,294 shares of the real estate investment trust’s stock worth $428,000 after acquiring an additional 284 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in shares of National Health Investors by 1.7% during the first quarter. Nisa Investment Advisors LLC now owns 17,735 shares of the real estate investment trust’s stock worth $915,000 after acquiring an additional 289 shares during the last quarter. Arbor Capital Management Inc. ADV boosted its position in shares of National Health Investors by 1.7% during the fourth quarter. Arbor Capital Management Inc. ADV now owns 20,894 shares of the real estate investment trust’s stock worth $1,089,000 after acquiring an additional 354 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in National Health Investors by 7.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 5,402 shares of the real estate investment trust’s stock valued at $282,000 after purchasing an additional 361 shares during the last quarter. Institutional investors own 62.06% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on NHI. StockNews.com began coverage on shares of National Health Investors in a research report on Thursday, May 18th. They set a “hold” rating for the company. Truist Financial increased their price objective on shares of National Health Investors from $56.00 to $57.00 in a research report on Thursday, June 22nd. Finally, Wells Fargo & Company began coverage on shares of National Health Investors in a research report on Wednesday, April 19th. They set an “equal weight” rating and a $52.00 price objective for the company.

National Health Investors Trading Down 0.5 %

Shares of NHI opened at $55.04 on Friday. National Health Investors, Inc. has a twelve month low of $47.54 and a twelve month high of $67.16. The company has a market cap of $2.39 billion, a P/E ratio of 26.46 and a beta of 0.89. The company has a current ratio of 12.71, a quick ratio of 12.71 and a debt-to-equity ratio of 0.92. The company’s fifty day simple moving average is $53.25 and its 200-day simple moving average is $53.20.

National Health Investors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 4th. Stockholders of record on Friday, June 30th will be paid a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 6.54%. The ex-dividend date of this dividend is Thursday, June 29th. National Health Investors’s dividend payout ratio is currently 173.08%.

About National Health Investors

(Free Report)

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.