National Health Investors Inc (NHI): Kevin Carlton Pascoe , EVP – Investments of National Health Investors Inc sold 2,000 shares on May 10, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $70.72 per share for a total value of $141,437.20 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 29, 2016, Roger R Hopkins (Chief Accounting Officer) sold 10,000 shares at $65.45 per share price.On Dec 11, 2015, Robert A Jr Mccabe (director) purchased 35 shares at $59.10 per share price.Also, On Nov 17, 2015, D. Eric Mendelsohn (CEO) purchased 1,000 shares at $56.12 per share price.On Aug 27, 2015, W Andrew Adams (director) purchased 2,000 shares at $55.50 per share price.
Shares of National Health Investors Inc (NHI) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.45 points or -0.63% at $70.86 with 2,81,822 shares getting traded. Post opening the session at $71.5, the shares hit an intraday low of $70.03 and an intraday high of $71.65 and the price vacillated in this range throughout the day. The company has a market cap of $2,723 M and the number of outstanding shares has been calculated to be 3,84,29,510 shares. The 52-week high of National Health Investors Inc is $71.75 and the 52-week low is $53.6405.
Company has been under the radar of several Street Analysts.National Health Investors Inc is Upgraded by BofA/Merrill to Neutral. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Mar 11, 2016.
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.