Victory Capital Management Inc. boosted its position in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) by 21.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 29,723 shares of the real estate investment trust's stock after purchasing an additional 5,318 shares during the quarter. Victory Capital Management Inc. owned about 0.07% of National Health Investors worth $2,060,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Principal Financial Group Inc. boosted its holdings in shares of National Health Investors by 5.3% during the 4th quarter. Principal Financial Group Inc. now owns 1,648,499 shares of the real estate investment trust's stock valued at $114,242,000 after acquiring an additional 82,825 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of National Health Investors by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 1,094,570 shares of the real estate investment trust's stock valued at $92,026,000 after acquiring an additional 8,540 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of National Health Investors by 2.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 876,839 shares of the real estate investment trust's stock worth $60,765,000 after purchasing an additional 24,462 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of National Health Investors by 10.7% in 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 during the period. Finally, Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of National Health Investors by 0.5% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 463,403 shares of the real estate investment trust's stock worth $32,114,000 after purchasing an additional 2,279 shares during the period. 62.51% of the stock is owned by hedge funds and other institutional investors.
National Health Investors Price Performance
Shares of NHI stock traded down $1.28 on Friday, reaching $73.47. The company's stock had a trading volume of 696,481 shares, compared to its average volume of 203,244. The stock's fifty day simple moving average is $70.22 and its 200-day simple moving average is $74.68. National Health Investors, Inc. has a 1 year low of $57.80 and a 1 year high of $86.13. The company has a current ratio of 10.29, a quick ratio of 10.29 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of 25.25, 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 data 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 company had revenue of $85.75 million during the quarter, compared to analyst estimates of $81.13 million. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. Analysts forecast that National Health Investors, Inc. will post 4.41 earnings per share for the current fiscal 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 paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 4.90%. The ex-dividend date is Monday, March 31st. National Health Investors's payout ratio is 115.38%.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on NHI. Truist Financial increased 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. Wedbush restated an "outperform" rating and set a $88.00 target price on shares of National Health Investors in a research note on Monday. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, National Health Investors presently has a consensus rating of "Hold" and an average price target of $85.50.
Get Our Latest Report on NHI
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.
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