M&T Bank Corp Buys Shares of 39,236 National Health Investors, Inc. $NHI

Key Points

• M&T Bank Corp bought 39,236 shares of National Health Investors (about $2.996M), representing roughly 0.08% of the company amid institutional ownership of 62.51%.
• National Health Investors declared a quarterly dividend of $0.92 (annualized $3.68), a 4.8% yield with a payout ratio of 121.85% (ex-dividend Mar 31, payable May 1).
• The REIT reported Q EPS of $1.22 (missed by $0.01) with revenue of $105.82M, set FY2026 guidance of 4.94–4.99 EPS versus analyst expectations of ~5.02, and holds a consensus rating of Moderate Buy with an average price target of $87.50.

M&T Bank Corp bought a new stake in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 39,236 shares of the real estate investment trust's stock, valued at approximately $2,996,000. M&T Bank Corp owned 0.08% of National Health Investors at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in NHI. NewEdge Advisors LLC lifted its position in National Health Investors by 28.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,546 shares of the real estate investment trust's stock valued at $114,000 after purchasing an additional 345 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in National Health Investors by 9.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 249,937 shares of the real estate investment trust's stock valued at $18,460,000 after purchasing an additional 21,851 shares during the period. Jane Street Group LLC lifted its position in National Health Investors by 1,728.4% during the 1st quarter. Jane Street Group LLC now owns 69,697 shares of the real estate investment trust's stock valued at $5,148,000 after purchasing an additional 65,885 shares during the period. Cetera Investment Advisers lifted its position in National Health Investors by 6.1% during the 2nd quarter. Cetera Investment Advisers now owns 4,792 shares of the real estate investment trust's stock valued at $336,000 after purchasing an additional 275 shares during the period. Finally, American Century Companies Inc. lifted its position in National Health Investors by 2.2% during the 2nd quarter. American Century Companies Inc. now owns 19,236 shares of the real estate investment trust's stock valued at $1,349,000 after purchasing an additional 420 shares during the period. 62.51% of the stock is currently owned by institutional investors and hedge funds.

National Health Investors Stock Performance

Shares of NYSE:NHI opened at $77.14 on Tuesday. The firm's 50 day simple moving average is $84.56 and its 200 day simple moving average is $80.48. National Health Investors, Inc. has a fifty-two week low of $68.80 and a fifty-two week high of $91.38. The company has a debt-to-equity ratio of 0.76, a current ratio of 6.90 and a quick ratio of 6.90. The company has a market capitalization of $3.74 billion, a price-to-earnings ratio of 25.54, a P/E/G ratio of 4.20 and a beta of 0.63.

National Health Investors (NYSE:NHI - Get Free Report) last posted its earnings results on Thursday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.23 by ($0.01). National Health Investors had a return on equity of 9.56% and a net margin of 37.81%.The business had revenue of $105.82 million for the quarter, compared to the consensus estimate of $95.12 million. During the same period in the previous year, the company posted $1.24 earnings per share. National Health Investors's revenue for the quarter was up 6.8% compared to the same quarter last year. National Health Investors has set its FY 2026 guidance at 4.940-4.990 EPS. As a group, sell-side analysts forecast that National Health Investors, Inc. will post 5.02 earnings per share for the current year.

National Health Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Tuesday, March 31st will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Tuesday, March 31st. National Health Investors's dividend payout ratio is presently 121.85%.

Analyst Ratings Changes

A number of analysts recently weighed in on NHI shares. Truist Financial cut their price target on shares of National Health Investors from $92.00 to $89.00 and set a "buy" rating on the stock in a research report on Wednesday, April 22nd. Weiss Ratings reiterated a "buy (b)" rating on shares of National Health Investors in a research report on Friday, March 27th. Wells Fargo & Company cut their price target on shares of National Health Investors from $86.00 to $84.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft downgraded shares of National Health Investors from a "buy" rating to a "hold" rating and set a $85.00 price target on the stock. in a research report on Tuesday, January 20th. Finally, National Bank Financial set a $85.00 price target on shares of National Health Investors in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $87.50.

About National Health Investors

National Health Investors, Inc NYSE: NHI is a specialized real estate investment trust (REIT) focused on owning and financing high-quality healthcare and senior housing facilities in the United States. The company's portfolio encompasses a diverse range of properties, including skilled nursing centers, assisted living and memory care communities, behavioral health facilities, dialysis clinics, and medical office buildings. NHI typically enters into long-term net-lease agreements with experienced healthcare operators, providing stable and predictable rental income streams while enabling its tenants to concentrate on delivering quality care.

Since its founding in 1991 and initial public offering later that year, National Health Investors has pursued a disciplined growth strategy centered on strategic acquisitions, joint ventures, and selective development.

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