JPMorgan Chase & Co. Acquires 12,252 Shares of National Health Investors, Inc. (NYSE:NHI)

JPMorgan Chase & Co. raised its stake in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) by 8.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,148 shares of the real estate investment trust's stock after buying an additional 12,252 shares during the period. JPMorgan Chase & Co. owned 0.36% of National Health Investors worth $11,237,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Jones Financial Companies Lllp lifted its holdings in National Health Investors by 781.2% in 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 during the last quarter. Venturi Wealth Management LLC bought a new stake in shares of National Health Investors during the 4th quarter worth $63,000. KBC Group NV grew its stake in National Health Investors by 61.4% in the 4th quarter. KBC Group NV now owns 2,019 shares of the real estate investment trust's stock valued at $140,000 after buying an additional 768 shares during the last quarter. EMC Capital Management raised its holdings in National Health Investors by 33.5% in the 4th quarter. EMC Capital Management now owns 2,831 shares of the real estate investment trust's stock worth $196,000 after acquiring an additional 711 shares during the period. Finally, Fairvoy Private Wealth LLC acquired a new position in National Health Investors during the 4th quarter worth $208,000. Institutional investors own 62.51% of the company's stock.

National Health Investors Stock Performance

Shares of NYSE NHI traded up $0.13 during mid-day trading on Friday, hitting $75.44. The company had a trading volume of 270,950 shares, compared to its average volume of 220,175. National Health Investors, Inc. has a 12 month low of $60.45 and a 12 month high of $86.13. The company has a debt-to-equity ratio of 0.92, a current ratio of 10.29 and a quick ratio of 10.29. The firm has a market cap of $3.52 billion, a P/E ratio of 25.93, a PEG ratio of 4.42 and a beta of 0.79. The business's 50-day simple moving average is $72.36 and its 200-day simple moving average is $73.10.

National Health Investors (NYSE:NHI - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.03. The company 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%. As a group, analysts predict that National Health Investors, Inc. will post 4.41 earnings per share for the current fiscal year.

National Health Investors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Monday, March 31st will be given 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 4.77%. National Health Investors's dividend payout ratio (DPR) is currently 115.38%.

Analysts Set New Price Targets

NHI has been the topic of several research analyst reports. Wedbush reaffirmed an "outperform" rating and issued a $88.00 price target on shares of National Health Investors in a research report on Monday, March 17th. Truist Financial lifted their price target on National Health Investors from $70.00 to $76.00 and gave the stock a "hold" rating in a research report on Wednesday, March 19th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $85.50.

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.