3,916 Shares in National Health Investors, Inc. (NYSE:NHI) Acquired by Cibc World Markets Corp

Cibc World Markets Corp purchased a new stake in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,916 shares of the real estate investment trust's stock, valued at approximately $271,000.

A number of other institutional investors also recently made changes to their positions in the business. Thrivent Financial for Lutherans purchased a new stake in National Health Investors during the 3rd quarter valued at about $2,426,000. Quest Partners LLC purchased a new stake in shares of National Health Investors during the third quarter valued at approximately $230,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of National Health Investors in the third quarter worth approximately $282,000. Intech Investment Management LLC purchased a new position in shares of National Health Investors in the third quarter worth $720,000. Finally, Landscape Capital Management L.L.C. bought a new stake in National Health Investors during the 3rd quarter valued at $251,000. Hedge funds and other institutional investors own 62.51% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Truist Financial boosted their price objective on shares of National Health Investors from $70.00 to $76.00 and gave the company a "hold" rating in a research report on Wednesday, March 19th. Wedbush reaffirmed an "outperform" rating and set a $88.00 price target on shares of National Health Investors in a research report on Monday, March 17th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $85.50.

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National Health Investors Trading Up 1.3 %

NHI stock traded up $0.95 during trading on Friday, reaching $74.74. The company had a trading volume of 124,248 shares, compared to its average volume of 214,891. The company has a debt-to-equity ratio of 0.92, a current ratio of 10.29 and a quick ratio of 10.29. National Health Investors, Inc. has a 52 week low of $57.80 and a 52 week high of $86.13. The business has a 50 day moving average of $70.95 and a 200 day moving average of $74.29. The company has a market cap of $3.41 billion, a P/E ratio of 25.68, a PEG ratio of 4.42 and a beta of 1.08.

National Health Investors (NYSE:NHI - Get Free Report) last released its earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts' consensus estimates of $1.10 by $0.03. The company had revenue of $85.75 million during the quarter, compared to analysts' expectations of $81.13 million. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. As a group, sell-side analysts forecast that National Health Investors, Inc. will post 4.41 earnings per share for the current fiscal year.

National Health Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Monday, March 31st will be issued a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 4.82%. The ex-dividend date is Monday, March 31st. National Health Investors's dividend payout ratio (DPR) is presently 115.38%.

National Health Investors Company Profile

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