Capital Fund Management S.A. Invests $845,000 in National Health Investors, Inc. (NYSE:NHI)

Capital Fund Management S.A. acquired a new position in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,199 shares of the real estate investment trust's stock, valued at approximately $845,000.

Several other large investors have also bought and sold shares of NHI. Raymond James Financial Inc. bought a new position in shares of National Health Investors in the fourth quarter worth about $2,219,000. Employees Retirement System of Texas acquired a new position in National Health Investors during the 4th quarter worth approximately $2,079,000. Bank of Montreal Can bought a new position in National Health Investors in the 4th quarter valued at approximately $2,654,000. Wells Fargo & Company MN boosted its position in National Health Investors by 8.3% in the fourth quarter. Wells Fargo & Company MN now owns 76,072 shares of the real estate investment trust's stock valued at $5,272,000 after buying an additional 5,853 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. bought a new stake in shares of National Health Investors during the fourth quarter worth $1,239,000. 62.51% of the stock is owned by institutional investors and hedge funds.

National Health Investors Trading Up 2.8 %

Shares of National Health Investors stock traded up $2.10 during trading on Tuesday, hitting $76.63. The company's stock had a trading volume of 238,474 shares, compared to its average volume of 220,488. The stock has a market cap of $3.58 billion, a price-to-earnings ratio of 26.33, a price-to-earnings-growth ratio of 4.42 and a beta of 0.79. National Health Investors, Inc. has a 52 week low of $61.65 and a 52 week high of $86.13. The stock has a 50-day moving average price of $72.71 and a two-hundred day moving average price of $72.95. 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 (NYSE:NHI - Get Free Report) last released its quarterly 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. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The firm had revenue of $85.75 million for the quarter, compared to analyst estimates of $81.13 million. Equities research analysts anticipate that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Monday, March 31st will be issued a dividend of $0.90 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.60 annualized dividend and a yield of 4.70%. National Health Investors's payout ratio is 115.38%.

Wall Street Analyst Weigh In

NHI has been the subject of a number of research reports. Wedbush reiterated an "outperform" rating and issued a $88.00 price target on shares of National Health Investors in a research note on Monday, March 17th. Truist Financial increased their target price on National Health Investors from $70.00 to $76.00 and gave the company a "hold" rating in a research report on Wednesday, March 19th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $85.50.

About National Health Investors

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.