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

National Health Investors, Inc. (NHI) traded down $0.36 on Thursday, hitting $78.00. The stock had a trading volume of 231,220 shares, compared to its average volume of 209,400. The company has a quick ratio of 12.72, a current ratio of 12.72 and a debt-to-equity ratio of 0.84. The firm has a market cap of $3,240.00, a PE ratio of 15.03, a P/E/G ratio of 3.84 and a beta of 0.58. National Health Investors, Inc. has a 1-year low of $68.75 and a 1-year high of $81.21.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be issued a $0.95 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $3.80 annualized dividend and a dividend yield of 4.87%. National Health Investors’s dividend payout ratio is currently 95.00%.

A number of research firms have weighed in on NHI. BidaskClub cut National Health Investors from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Capital One Financial began coverage on National Health Investors in a research report on Monday, October 23rd. They set an “equal weight” rating for the company. Zacks Investment Research cut National Health Investors from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. ValuEngine raised National Health Investors from a “hold” rating to a “buy” rating in a research report on Friday, November 10th. Finally, Mizuho reaffirmed a “hold” rating and set a $82.00 price objective on shares of National Health Investors in a research report on Wednesday, October 4th. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. National Health Investors presently has a consensus rating of “Hold” and an average target price of $80.14.

Institutional investors and hedge funds have recently bought and sold shares of the company. Jacobi Capital Management LLC lifted its holdings in shares of National Health Investors by 187.7% in the 3rd quarter. Jacobi Capital Management LLC now owns 1,827 shares of the real estate investment trust’s stock valued at $142,000 after buying an additional 1,192 shares during the period. Fortaleza Asset Management Inc. lifted its holdings in shares of National Health Investors by 123.7% in the 3rd quarter. Fortaleza Asset Management Inc. now owns 2,740 shares of the real estate investment trust’s stock valued at $212,000 after buying an additional 1,515 shares during the period. Yorktown Management & Research Co Inc acquired a new stake in shares of National Health Investors in the 2nd quarter valued at approximately $214,000. Allegis Investment Advisors LLC acquired a new stake in shares of National Health Investors in the 2nd quarter valued at approximately $216,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of National Health Investors in the 3rd quarter valued at approximately $237,000. 70.65% of the stock is owned by institutional investors and hedge funds.

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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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