Easterly Investment Partners LLC boosted its holdings in National Health Investors, Inc. (NYSE:NHI - Free Report) by 32.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 89,047 shares of the real estate investment trust's stock after purchasing an additional 22,047 shares during the quarter. Easterly Investment Partners LLC owned about 0.20% of National Health Investors worth $6,171,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of NHI. Zimmer Partners LP purchased a new stake in shares of National Health Investors in the third quarter valued at about $25,218,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in National Health Investors by 332.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 242,326 shares of the real estate investment trust's stock valued at $20,370,000 after acquiring an additional 186,238 shares during the period. Charles Schwab Investment Management Inc. raised its stake in National Health Investors by 17.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 852,377 shares of the real estate investment trust's stock valued at $71,651,000 after acquiring an additional 123,596 shares during the last quarter. Waterfront Capital Partners LLC purchased a new stake in National Health Investors during the 3rd quarter valued at approximately $10,097,000. Finally, Vanguard Group Inc. lifted its position in National Health Investors by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 6,423,210 shares of the real estate investment trust's stock worth $445,128,000 after acquiring an additional 102,012 shares during the period. Institutional investors and hedge funds own 62.51% of the company's stock.
National Health Investors Price Performance
Shares of NHI traded up $0.21 during trading hours on Monday, reaching $74.01. The company had a trading volume of 29,739 shares, compared to its average volume of 214,170. The company has a market capitalization of $3.38 billion, a price-to-earnings ratio of 25.45, a PEG ratio of 4.42 and a beta of 1.08. National Health Investors, Inc. has a 12-month low of $57.80 and a 12-month high of $86.13. The firm has a 50 day simple moving average of $70.95 and a 200-day simple moving average of $74.23. The company has a current ratio of 10.29, a quick ratio of 10.29 and a debt-to-equity ratio of 0.92.
National Health Investors (NYSE:NHI - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $1.10 by $0.03. The business had revenue of $85.75 million for the quarter, compared to analyst estimates of $81.13 million. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. Research analysts expect that National Health Investors, Inc. will post 4.41 earnings per share for the current year.
National Health Investors Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Monday, March 31st will be given a $0.90 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.60 annualized dividend and a dividend yield of 4.86%. National Health Investors's dividend payout ratio is presently 115.38%.
Analyst Ratings Changes
Several equities research analysts have recently commented on NHI shares. Truist Financial upped their price target on National Health Investors from $70.00 to $76.00 and gave the stock a "hold" rating in a research note on Wednesday, March 19th. Wedbush restated an "outperform" rating and set a $88.00 price objective on shares of National Health Investors in a research report on Monday, March 17th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, National Health Investors has an average rating of "Hold" and a consensus price target of $85.50.
Check Out Our Latest Analysis on NHI
National Health Investors Company Profile
(
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.
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