National Health Investors, Inc. (NYSE:NHI) Shares Purchased by Quantbot Technologies LP

Quantbot Technologies LP raised its position in National Health Investors, Inc. (NYSE:NHI) by 515.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 23,659 shares of the real estate investment trust’s stock after acquiring an additional 19,814 shares during the quarter. Quantbot Technologies LP’s holdings in National Health Investors were worth $1,640,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Quarry LP purchased a new position in shares of National Health Investors in the third quarter valued at approximately $27,000. Point72 DIFC Ltd purchased a new position in National Health Investors in the 3rd quarter valued at approximately $35,000. Loomis Sayles & Co. L P acquired a new position in shares of National Health Investors in the third quarter worth $38,000. Jones Financial Companies Lllp grew its stake in shares of 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 worth $62,000 after acquiring an additional 789 shares in the last quarter. Finally, Venturi Wealth Management LLC acquired a new stake in shares of National Health Investors in the fourth quarter valued at $63,000. 62.51% of the stock is currently owned by hedge funds and other institutional investors.

National Health Investors Stock Performance

Shares of NHI opened at $74.73 on Tuesday. The stock has a 50 day moving average price of $70.52 and a 200 day moving average price of $74.47. National Health Investors, Inc. has a 52-week low of $57.80 and a 52-week high of $86.13. The company has a quick ratio of 10.29, a current ratio of 10.29 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $3.41 billion, a price-to-earnings ratio of 25.68, a price-to-earnings-growth ratio of 4.42 and a beta of 1.08.

National Health Investors (NYSE:NHI) last announced its earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 earnings per share (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 analysts’ expectations of $81.13 million. Research analysts predict that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Monday, March 31st will be paid a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 4.82%. The ex-dividend date is Monday, March 31st. National Health Investors’s dividend payout ratio is currently 115.38%.

Wall Street Analyst Weigh In

Several research firms recently commented on NHI. Wedbush reissued an “outperform” rating and set a $88.00 target price on shares of National Health Investors in a research note on Monday, March 17th. Truist Financial boosted their price objective 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 research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target 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.