International Assets Investment Management LLC Buys 44,095 Shares of National Health Investors, Inc. (NYSE:NHI)

International Assets Investment Management LLC grew its holdings in National Health Investors, Inc. (NYSE:NHI - Free Report) by 8,399.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 44,620 shares of the real estate investment trust's stock after acquiring an additional 44,095 shares during the period. International Assets Investment Management LLC owned 0.10% of National Health Investors worth $3,751,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Blue Trust Inc. increased its holdings in National Health Investors by 2,651.9% in the 2nd quarter. Blue Trust Inc. now owns 743 shares of the real estate investment trust's stock worth $47,000 after acquiring an additional 716 shares in the last quarter. USA Financial Formulas raised its position in shares of National Health Investors by 172.8% during the 3rd quarter. USA Financial Formulas now owns 922 shares of the real estate investment trust's stock valued at $78,000 after purchasing an additional 584 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of National Health Investors by 66.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,594 shares of the real estate investment trust's stock valued at $163,000 after purchasing an additional 1,033 shares during the period. Shayne & Jacobs LLC purchased a new position in shares of National Health Investors during the 2nd quarter valued at $210,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in National Health Investors in the 2nd quarter worth $215,000. Hedge funds and other institutional investors own 62.51% of the company's stock.

Analyst Ratings Changes

NHI has been the topic of a number of recent analyst reports. Bank of America initiated coverage on National Health Investors in a research report on Tuesday, September 24th. They issued a "buy" rating and a $92.00 price objective on the stock. StockNews.com downgraded National Health Investors from a "buy" rating to a "hold" rating in a research note on Tuesday, October 15th. Wells Fargo & Company lowered shares of National Health Investors from an "overweight" rating to an "equal weight" rating and increased their price objective for the company from $81.00 to $86.00 in a report on Tuesday, October 1st. Finally, Truist Financial boosted their target price on shares of National Health Investors from $65.00 to $78.00 and gave the stock a "hold" rating in a report on Friday, August 30th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $73.29.

National Health Investors Price Performance

National Health Investors stock traded down $0.20 during mid-day trading on Friday, reaching $76.45. 262,171 shares of the company's stock traded hands, compared to its average volume of 247,088. National Health Investors, Inc. has a 12-month low of $49.25 and a 12-month high of $86.13. The company has a market cap of $3.32 billion, a price-to-earnings ratio of 26.00, a PEG ratio of 5.10 and a beta of 1.05. The stock has a 50 day moving average of $80.60 and a two-hundred day moving average of $72.73. The company has a quick ratio of 10.27, a current ratio of 10.27 and a debt-to-equity ratio of 0.91.

National Health Investors (NYSE:NHI - Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The real estate investment trust reported $0.81 EPS for the quarter, missing the consensus estimate of $1.10 by ($0.29). The company had revenue of $84.97 million during the quarter, compared to analysts' expectations of $64.95 million. National Health Investors had a return on equity of 10.11% and a net margin of 39.11%. The company's revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.06 EPS. Equities analysts forecast that National Health Investors, Inc. will post 4.48 earnings per share for the current year.

National Health Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Friday, September 27th were issued a $0.90 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $3.60 annualized dividend and a dividend yield of 4.71%. National Health Investors's payout ratio is 122.45%.

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.