National Health Investors, Inc. (NYSE:NHI) Holdings Boosted by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) by 332.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 242,326 shares of the real estate investment trust's stock after buying an additional 186,238 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.53% of National Health Investors worth $20,370,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Covestor Ltd raised its holdings in shares of National Health Investors by 2,700.0% during the third quarter. Covestor Ltd now owns 420 shares of the real estate investment trust's stock valued at $35,000 after buying an additional 405 shares during the last quarter. Loomis Sayles & Co. L P bought a new stake in National Health Investors during the third quarter worth approximately $38,000. International Assets Investment Management LLC bought a new stake in National Health Investors during the second quarter worth approximately $36,000. Assetmark Inc. raised its holdings in National Health Investors by 27.8% during the third quarter. Assetmark Inc. now owns 648 shares of the real estate investment trust's stock worth $54,000 after purchasing an additional 141 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in National Health Investors by 2,651.9% during the second quarter. Blue Trust Inc. now owns 743 shares of the real estate investment trust's stock worth $47,000 after purchasing an additional 716 shares in the last quarter. Institutional investors own 62.51% of the company's stock.

National Health Investors Price Performance

Shares of NYSE NHI traded down $0.01 during trading on Friday, hitting $75.59. The company had a trading volume of 210,173 shares, compared to its average volume of 198,288. The company has a market cap of $3.43 billion, a P/E ratio of 25.83, a PEG ratio of 5.07 and a beta of 1.04. National Health Investors, Inc. has a 52 week low of $51.59 and a 52 week high of $86.13. The business's 50-day moving average is $78.07 and its 200 day moving average is $75.02. The company has a debt-to-equity ratio of 0.92, a quick ratio of 10.29 and a current ratio of 10.29.

National Health Investors (NYSE:NHI - Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.42). The company had revenue of $63.32 million during the quarter, compared to the consensus estimate of $67.93 million. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. National Health Investors's quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.08 EPS. Equities research analysts predict that National Health Investors, Inc. will post 4.42 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 Wednesday, January 29th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 4.76%. The ex-dividend date is Tuesday, December 31st. National Health Investors's payout ratio is 123.71%.

Analyst Ratings Changes

Several equities research analysts recently commented on NHI shares. Wells Fargo & Company cut National Health Investors from an "overweight" rating to an "equal weight" rating and boosted their target price for the stock from $81.00 to $86.00 in a report on Tuesday, October 1st. Truist Financial boosted their target price on National Health Investors from $65.00 to $78.00 and gave the stock a "hold" rating in a report on Friday, August 30th. StockNews.com cut National Health Investors from a "buy" rating to a "hold" rating in a report on Tuesday, October 15th. Finally, Bank of America started coverage on National Health Investors in a report on Tuesday, September 24th. They set a "buy" rating and a $92.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, National Health Investors has an average rating of "Moderate Buy" and an average target price of $76.33.

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.