Charles Schwab Investment Management Inc. grew its position in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 876,839 shares of the real estate investment trust's stock after acquiring an additional 24,462 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.93% of National Health Investors worth $60,765,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp raised its stake in shares of National Health Investors by 781.2% during the 4th quarter. Jones Financial Companies Lllp now owns 890 shares of the real estate investment trust's stock worth $62,000 after purchasing an additional 789 shares in the last quarter. Metis Global Partners LLC raised its stake in shares of National Health Investors by 11.4% during the 4th quarter. Metis Global Partners LLC now owns 4,982 shares of the real estate investment trust's stock worth $345,000 after purchasing an additional 508 shares in the last quarter. Versor Investments LP raised its stake in shares of National Health Investors by 15.1% during the 4th quarter. Versor Investments LP now owns 5,642 shares of the real estate investment trust's stock worth $391,000 after purchasing an additional 742 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of National Health Investors by 10.7% during the 4th quarter. Bank of New York Mellon Corp now owns 557,420 shares of the real estate investment trust's stock worth $38,629,000 after purchasing an additional 53,705 shares in the last quarter. Finally, Pinnacle Financial Partners Inc raised its stake in shares of National Health Investors by 2.3% during the 4th quarter. Pinnacle Financial Partners Inc now owns 50,602 shares of the real estate investment trust's stock worth $3,507,000 after purchasing an additional 1,114 shares in the last quarter. Institutional investors and hedge funds own 62.51% of the company's stock.
National Health Investors Stock Performance
NHI traded up $1.71 during trading hours on Friday, reaching $75.08. The company's stock had a trading volume of 146,722 shares, compared to its average volume of 200,793. National Health Investors, Inc. has a 52 week low of $57.80 and a 52 week high of $86.13. The company's 50-day moving average is $69.57 and its 200-day moving average is $74.78. The company has a debt-to-equity ratio of 0.92, a quick ratio of 10.29 and a current ratio of 10.29. The firm has a market cap of $3.43 billion, a PE ratio of 25.80, a price-to-earnings-growth ratio of 4.42 and a beta of 1.08.
National Health Investors (NYSE:NHI - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts' consensus estimates of $1.10 by $0.03. The business had revenue of $85.75 million for 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%. On average, equities analysts forecast that National Health Investors, Inc. will post 4.41 EPS for the current year.
National Health Investors Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Monday, March 31st will be given a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 4.79%. The ex-dividend date is Monday, March 31st. National Health Investors's payout ratio is 115.38%.
Analysts Set New Price Targets
Separately, Truist Financial dropped their price objective on National Health Investors from $78.00 to $72.00 and set a "hold" rating on the stock in a research note on Monday, December 23rd. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $79.00.
View Our Latest Analysis on National Health Investors
About National Health Investors
(
Free Report)
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.
Featured Stories
Before you consider National Health Investors, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and National Health Investors wasn't on the list.
While National Health Investors currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
