Gw&k Investment Management Lowers stake in National Health Investors Inc (NHI)

National Health Investors Inc (NHI) : Gw&k Investment Management reduced its stake in National Health Investors Inc by 4.76% during the most recent quarter end. The investment management company now holds a total of 841,007 shares of National Health Investors Inc which is valued at $65,304,194 after selling 41,987 shares in National Health Investors Inc , the firm said in a disclosure report filed with the SEC on Jul 11, 2016.National Health Investors Inc makes up approximately 1.33% of Gw&k Investment Management’s portfolio.

Other Hedge Funds, Including , Benjamin F. Edwards Company added NHI to its portfolio by purchasing 100 company shares during the most recent quarter which is valued at $7,765.Next Financial Group Inc reduced its stake in NHI by selling 18 shares or 1.45% in the most recent quarter. The Hedge Fund company now holds 1,224 shares of NHI which is valued at $93,379. National Health Investors Inc makes up approx 0.03% of Next Financial Group Inc’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in NHI in the latest quarter, The investment management firm added 1,765 additional shares and now holds a total of 1,793 shares of National Health Investors Inc which is valued at $136,788.

National Health Investors Inc opened for trading at $77.44 and hit $77.7 on the upside on Wednesday, eventually ending the session at $77.65, with a gain of 0.80% or 0.62 points. The heightened volatility saw the trading volume jump to 2,41,058 shares. Company has a market cap of $2,984 M.

On the company’s financial health, National Health Investors Inc reported $1.16 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on May 6, 2016. Analyst had a consensus of $1.17. The company had revenue of $55.10 million for the quarter, compared to analysts expectations of $58.26 million. The company’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.13 EPS.

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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