Securian Asset Management Inc Has $1.41 Million Position in National Health Investors Inc (NHI)

Securian Asset Management Inc lifted its position in shares of National Health Investors Inc (NYSE:NHI) by 17.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,706 shares of the real estate investment trust’s stock after acquiring an additional 2,800 shares during the period. Securian Asset Management Inc’s holdings in National Health Investors were worth $1,413,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Eii Capital Management Inc. increased its position in shares of National Health Investors by 3.1% during the fourth quarter. Eii Capital Management Inc. now owns 6,674 shares of the real estate investment trust’s stock valued at $504,000 after acquiring an additional 200 shares in the last quarter. State of Alaska Department of Revenue grew its position in National Health Investors by 1.9% in the 4th quarter. State of Alaska Department of Revenue now owns 13,344 shares of the real estate investment trust’s stock worth $1,007,000 after purchasing an additional 255 shares during the period. Navellier & Associates Inc grew its position in National Health Investors by 6.2% in the 4th quarter. Navellier & Associates Inc now owns 5,355 shares of the real estate investment trust’s stock worth $405,000 after purchasing an additional 311 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in National Health Investors by 4.0% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,566 shares of the real estate investment trust’s stock worth $1,251,000 after purchasing an additional 640 shares during the period. Finally, Oppenheimer Asset Management Inc. bought a new stake in National Health Investors in the 4th quarter worth approximately $52,000. 69.65% of the stock is owned by institutional investors.

NHI opened at $83.41 on Monday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 14.53 and a current ratio of 14.53. National Health Investors Inc has a fifty-two week low of $62.71 and a fifty-two week high of $84.23. The firm has a market cap of $3.52 billion, a P/E ratio of 15.65 and a beta of 0.51.

The company also recently announced a quarterly dividend, which was paid on Thursday, January 31st. Investors of record on Monday, December 31st were paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date was Friday, December 28th. National Health Investors’s dividend payout ratio (DPR) is 75.05%.

In related news, insider Kristin Sallee Gaines sold 10,708 shares of National Health Investors stock in a transaction on Thursday, December 13th. The shares were sold at an average price of $80.36, for a total transaction of $860,494.88. Following the transaction, the insider now owns 43,644 shares in the company, valued at approximately $3,507,231.84. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CIO Kevin Carlton Pascoe sold 2,070 shares of National Health Investors stock in a transaction on Friday, December 14th. The shares were sold at an average price of $79.60, for a total transaction of $164,772.00. Following the transaction, the executive now owns 25,123 shares in the company, valued at approximately $1,999,790.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,028 shares of company stock worth $1,119,529. 5.63% of the stock is owned by corporate insiders.

A number of brokerages have recently issued reports on NHI. Zacks Investment Research downgraded shares of National Health Investors from a “hold” rating to a “sell” rating in a research report on Wednesday, January 16th. ValuEngine raised shares of National Health Investors from a “hold” rating to a “buy” rating in a research report on Tuesday, December 11th. KeyCorp set a $65.00 price objective on shares of National Health Investors and gave the company a “sell” rating in a research report on Thursday, December 20th. Finally, Cantor Fitzgerald reissued a “hold” rating and set a $80.00 price objective on shares of National Health Investors in a research report on Thursday, November 8th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $75.38.

COPYRIGHT VIOLATION NOTICE: This piece was first posted by WKRB News and is the sole property of of WKRB News. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.wkrb13.com/2019/02/11/securian-asset-management-inc-has-1-41-million-position-in-national-health-investors-inc-nhi.html.

National Health Investors Profile

Incorporated in 1991, National Health Investors, Inc (NYSE: NHI) is a real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI's portfolio consists of independent, assisted and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings and specialty hospitals.

Featured Story: Is it better to buy a fund with a higher or lower NAV?

Want to see what other hedge funds are holding NHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for National Health Investors Inc (NYSE:NHI).

Institutional Ownership by Quarter for National Health Investors (NYSE:NHI)

Receive News & Ratings for National Health Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Health Investors and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply