Lasalle Investment Management Securities LLC Increases Stock Holdings in National Health Investors, Inc. (NYSE:NHI)

Lasalle Investment Management Securities LLC boosted its position in National Health Investors, Inc. (NYSE:NHI - Free Report) by 1.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 611,275 shares of the real estate investment trust's stock after acquiring an additional 6,230 shares during the quarter. National Health Investors accounts for about 1.8% of Lasalle Investment Management Securities LLC's holdings, making the stock its 21st biggest holding. Lasalle Investment Management Securities LLC owned 1.35% of National Health Investors worth $42,361,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in NHI. Loomis Sayles & Co. L P raised its holdings in shares of National Health Investors by 42.0% in the 4th quarter. Loomis Sayles & Co. L P now owns 639 shares of the real estate investment trust's stock valued at $44,000 after purchasing an additional 189 shares in the last quarter. Jones Financial Companies Lllp raised its stake in National Health Investors by 781.2% in the fourth quarter. Jones Financial Companies Lllp now owns 890 shares of the real estate investment trust's stock valued at $62,000 after buying an additional 789 shares in the last quarter. Venturi Wealth Management LLC purchased a new stake in National Health Investors during the 4th quarter worth about $63,000. NewEdge Advisors LLC acquired a new position in shares of National Health Investors during the 4th quarter worth about $83,000. Finally, KBC Group NV boosted its position in shares of National Health Investors by 61.4% during the 4th quarter. KBC Group NV now owns 2,019 shares of the real estate investment trust's stock worth $140,000 after acquiring an additional 768 shares in the last quarter. Hedge funds and other institutional investors own 62.51% of the company's stock.

National Health Investors Stock Performance

Shares of NHI traded down $0.19 during midday trading on Friday, reaching $75.13. 47,227 shares of the stock were exchanged, compared to its average volume of 220,084. The company has a market capitalization of $3.51 billion, a price-to-earnings ratio of 25.81, a PEG ratio of 4.42 and a beta of 0.79. 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, Inc. has a twelve month low of $61.96 and a twelve month high of $86.13. The business's 50-day moving average price is $73.02 and its 200 day moving average price is $72.93.

National Health Investors (NYSE:NHI - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $85.75 million during 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, sell-side analysts expect that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Dividend Announcement

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 issued a $0.90 dividend. The ex-dividend date is Monday, March 31st. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.79%. National Health Investors's payout ratio is 115.38%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on NHI shares. Truist Financial boosted their target price 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 research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price 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.