ExodusPoint Capital Management LP Has $1.15 Million Stock Position in National Health Investors, Inc. (NYSE:NHI)

ExodusPoint Capital Management LP lessened its stake in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) by 68.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 16,638 shares of the real estate investment trust's stock after selling 36,422 shares during the period. ExodusPoint Capital Management LP's holdings in National Health Investors were worth $1,153,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Geode Capital Management LLC lifted its holdings in shares of National Health Investors by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 1,113,771 shares of the real estate investment trust's stock valued at $77,201,000 after purchasing an additional 19,201 shares during the last quarter. Schroder Investment Management Group lifted its stake in National Health Investors by 10.6% during the fourth quarter. Schroder Investment Management Group now owns 22,267 shares of the real estate investment trust's stock valued at $1,515,000 after buying an additional 2,133 shares in the last quarter. Pictet Asset Management Holding SA boosted its holdings in shares of National Health Investors by 1.8% in the fourth quarter. Pictet Asset Management Holding SA now owns 13,197 shares of the real estate investment trust's stock worth $915,000 after buying an additional 238 shares during the period. Nomura Asset Management Co. Ltd. boosted its holdings in shares of National Health Investors by 9.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 60,130 shares of the real estate investment trust's stock worth $4,167,000 after buying an additional 5,290 shares during the period. Finally, Norges Bank purchased a new position in shares of National Health Investors in the fourth quarter worth approximately $42,322,000. 62.51% of the stock is owned by institutional investors.

Remove Ads

Wall Street Analyst Weigh In

NHI has been the subject of a number of recent analyst reports. Truist Financial raised their price objective on shares of 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 reaffirmed an "outperform" rating and issued a $88.00 target price on shares of National Health Investors in a research report on Monday, March 17th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, National Health Investors has an average rating of "Hold" and an average price target of $85.50.

National Health Investors Stock Up 1.0 %

Shares of NHI stock traded up $0.75 during trading on Tuesday, hitting $74.73. 41,132 shares of the company were exchanged, compared to its average volume of 218,204. The firm has a market capitalization of $3.49 billion, a price-to-earnings ratio of 25.68, a P/E/G ratio of 4.42 and a beta of 0.79. 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 business's 50-day simple moving average is $71.73 and its 200 day simple moving average is $73.18. National Health Investors, Inc. has a twelve month low of $57.95 and a twelve month high of $86.13.

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 EPS for the quarter, beating the consensus estimate of $1.10 by $0.03. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The business had revenue of $85.75 million for the quarter, compared to analysts' expectations of $81.13 million. As a group, analysts forecast that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders 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 dividend yield of 4.82%. National Health Investors's dividend payout ratio is 115.38%.

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.