Lee Danner Bass Inc Lowers stake in National Health Investors Inc (NHI)

National Health Investors Inc (NHI) : Lee Danner Bass Inc reduced its stake in National Health Investors Inc by 2.38% during the most recent quarter end. The investment management company now holds a total of 213,014 shares of National Health Investors Inc which is valued at $16,463,852 after selling 5,200 shares in National Health Investors Inc , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.National Health Investors Inc makes up approximately 1.99% of Lee Danner Bass Inc’s portfolio.

Other Hedge Funds, Including , Quantbot Technologies Lp sold out all of its stake in NHI during the most recent quarter. The investment firm sold 6,298 shares of NHI which is valued $486,772.Daiwa Securities Group reduced its stake in NHI by selling 245 shares or 10.7% in the most recent quarter. The Hedge Fund company now holds 2,045 shares of NHI which is valued at $156,811.State Of Alaska Department Of Revenue reduced its stake in NHI by selling 2,150 shares or 12.76% in the most recent quarter. The Hedge Fund company now holds 14,700 shares of NHI which is valued at $1,129,254. National Health Investors Inc makes up approx 0.12% of State Of Alaska Department Of Revenue’s portfolio.

National Health Investors Inc closed down -0.1 points or -0.13% at $78.48 with 1,51,398 shares getting traded on Monday. Post opening the session at $78.8, the shares hit an intraday low of $78.04 and an intraday high of $78.8 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, National Health Investors Inc reported $1.22 EPS for the quarter, based on the information available during the earnings call on Aug 5, 2016. Analyst had a consensus estimate of $1.22. The company had revenue of $61.20 million for the quarter, compared to analysts expectations of $58.39 million. The company’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.17 EPS.

Many Wall Street Analysts have commented on National Health Investors Inc. Company shares were Reiterated by Mizuho on Aug 8, 2016 to “Neutral”, Firm has raised the Price Target to $ 77 from a previous price target of $66 .

National Health Investors Inc. (NHI) 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’s portfolio consists of real estate investments in independent assisted and memory care communities entrance-fee communities senior living campuses skilled nursing facilities specialty hospitals and medical office buildings. The Company’s other investments include mortgages and notes the preferred stock and marketable securities of other REITs and a joint venture. The Company’s continuing operations consist of investments in real estate and mortgage and other notes receivable involving approximately 183 facilities located in 31 states. These investments involve 106 senior housing communities 71 skilled nursing facilities four hospitals and two medical office buildings.

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