National Health Investors, Inc. (NYSE:NHI) Stock Position Lifted by Centersquare Investment Management LLC

Centersquare Investment Management LLC raised its position in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) by 35.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 394,433 shares of the real estate investment trust's stock after acquiring an additional 104,186 shares during the period. Centersquare Investment Management LLC owned approximately 0.87% of National Health Investors worth $27,334,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jane Street Group LLC grew its holdings in shares of National Health Investors by 68.3% during the 3rd quarter. Jane Street Group LLC now owns 60,099 shares of the real estate investment trust's stock worth $5,052,000 after purchasing an additional 24,380 shares during the period. Victory Capital Management Inc. lifted its position in National Health Investors by 21.8% during the fourth quarter. Victory Capital Management Inc. now owns 29,723 shares of the real estate investment trust's stock valued at $2,060,000 after buying an additional 5,318 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in National Health Investors by 2.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 876,839 shares of the real estate investment trust's stock worth $60,765,000 after buying an additional 24,462 shares during the period. Point72 Asset Management L.P. acquired a new stake in shares of National Health Investors in the third quarter worth $688,000. Finally, AlphaQuest LLC raised its stake in shares of National Health Investors by 252.2% in the 4th quarter. AlphaQuest LLC now owns 9,640 shares of the real estate investment trust's stock valued at $668,000 after acquiring an additional 6,903 shares during the period. 62.51% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Wedbush reaffirmed an "outperform" rating and set a $88.00 price target on shares of National Health Investors in a research report on Monday, March 17th. Truist Financial upped their target price 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 analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, National Health Investors presently has an average rating of "Hold" and a consensus price target of $85.50.

National Health Investors Stock Up 0.2 %

NHI stock traded up $0.12 during trading on Wednesday, reaching $68.86. The stock had a trading volume of 91,735 shares, compared to its average volume of 222,662. 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 firm has a fifty day moving average price of $71.34 and a 200 day moving average price of $73.59. The company has a market capitalization of $3.15 billion, a P/E ratio of 23.68, a PEG ratio of 4.42 and a beta of 0.79. National Health Investors, Inc. has a 1-year low of $57.80 and a 1-year high of $86.13.

National Health Investors (NYSE:NHI - Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts' consensus estimates of $1.10 by $0.03. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The firm had revenue of $85.75 million during the quarter, compared to the consensus estimate of $81.13 million. On average, equities analysts anticipate that National Health Investors, Inc. will post 4.41 earnings per share for the current year.

National Health Investors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Monday, March 31st will be issued a $0.90 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.60 annualized dividend and a yield of 5.23%. National Health Investors's dividend payout ratio is presently 115.38%.

National Health Investors 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.