National Health Investors (NYSE:NHI) Receives “Hold” Rating from KeyCorp

KeyCorp reissued their hold rating on shares of National Health Investors (NYSE:NHI) in a report released on Friday, November 24th.

Other research analysts have also recently issued reports about the company. BidaskClub cut National Health Investors from a hold rating to a sell rating in a research note on Wednesday, August 9th. Zacks Investment Research upgraded National Health Investors from a hold rating to a buy rating and set a $90.00 price objective on the stock in a research note on Tuesday, September 5th. BMO Capital Markets reissued a hold rating and issued a $80.00 target price on shares of National Health Investors in a report on Wednesday, October 18th. Stifel Nicolaus reissued a buy rating and issued a $82.00 target price on shares of National Health Investors in a report on Wednesday, October 4th. Finally, ValuEngine raised National Health Investors from a hold rating to a buy rating in a report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company. The stock has an average rating of Hold and an average price target of $80.14.

National Health Investors (NYSE NHI) opened at $77.81 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 12.72 and a quick ratio of 12.72. National Health Investors has a twelve month low of $68.96 and a twelve month high of $81.21. The company has a market capitalization of $3,251.14, a P/E ratio of 15.02, a P/E/G ratio of 3.84 and a beta of 0.59.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, December 29th will be given a $0.95 dividend. The ex-dividend date is Thursday, December 28th. This represents a $3.80 dividend on an annualized basis and a yield of 4.88%. National Health Investors’s payout ratio is currently 95.00%.

Large investors have recently made changes to their positions in the stock. Jacobi Capital Management LLC lifted its position in National Health Investors by 187.7% in the third quarter. Jacobi Capital Management LLC now owns 1,827 shares of the real estate investment trust’s stock valued at $142,000 after purchasing an additional 1,192 shares during the period. Carroll Financial Associates Inc. acquired a new stake in shares of National Health Investors during the 2nd quarter valued at approximately $158,000. Yorktown Management & Research Co Inc acquired a new stake in shares of National Health Investors during the 2nd quarter valued at approximately $214,000. Allegis Investment Advisors LLC acquired a new stake in shares of National Health Investors during the 2nd quarter valued at approximately $216,000. Finally, Fortaleza Asset Management Inc. lifted its position in shares of National Health Investors by 123.7% during 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 acquiring an additional 1,515 shares during the period. Hedge funds and other institutional investors own 70.52% of the company’s stock.

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About National Health Investors

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.

Analyst Recommendations for National Health Investors (NYSE:NHI)

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