Emmett Investment Management LP Purchases Shares of 34,446 National Health Investors, Inc. (NYSE:NHI)

Emmett Investment Management LP bought a new stake in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 34,446 shares of the real estate investment trust's stock, valued at approximately $2,387,000. National Health Investors accounts for 2.1% of Emmett Investment Management LP's holdings, making the stock its 22nd biggest holding. Emmett Investment Management LP owned approximately 0.08% of National Health Investors at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Loomis Sayles & Co. L P lifted its holdings in shares of National Health Investors by 42.0% in the fourth quarter. Loomis Sayles & Co. L P now owns 639 shares of the real estate investment trust's stock worth $44,000 after buying an additional 189 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings 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 buying an additional 789 shares in the last quarter. Venturi Wealth Management LLC purchased a new position in shares of National Health Investors in the fourth quarter worth $63,000. NewEdge Advisors LLC purchased a new position in shares of National Health Investors in the fourth quarter worth $83,000. Finally, KBC Group NV lifted its holdings in shares of National Health Investors by 61.4% in the fourth quarter. KBC Group NV now owns 2,019 shares of the real estate investment trust's stock worth $140,000 after buying an additional 768 shares in the last quarter. 62.51% of the stock is currently owned by institutional investors.

National Health Investors Price Performance

NHI traded up $0.91 during trading hours on Friday, hitting $76.78. The company's stock had a trading volume of 169,275 shares, compared to its average volume of 225,410. The company has a current ratio of 10.29, a quick ratio of 10.29 and a debt-to-equity ratio of 0.92. National Health Investors, Inc. has a 12 month low of $63.91 and a 12 month high of $86.13. The stock has a market cap of $3.59 billion, a price-to-earnings ratio of 26.38, a P/E/G ratio of 4.42 and a beta of 0.78. The business's 50-day moving average price is $74.11 and its 200-day moving average price is $72.74.

National Health Investors (NYSE:NHI - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $1.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.13 by $0.02. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The business had revenue of $68.87 million for the quarter, compared to analysts' expectations of $85.13 million. During the same quarter in the previous year, the business posted $1.10 earnings per share. The business's revenue was up 9.6% compared to the same quarter last year. Sell-side analysts expect that National Health Investors, Inc. will post 4.41 earnings per share for the current fiscal year.

National Health Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Monday, June 30th will be given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 4.69%. The ex-dividend date of this dividend is Monday, June 30th. National Health Investors's dividend payout ratio (DPR) is 114.29%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on NHI shares. Truist Financial boosted their price target on shares of National Health Investors from $70.00 to $76.00 and gave the stock a "hold" rating in a research report on Wednesday, March 19th. Wedbush restated an "outperform" rating and issued a $88.00 price target on shares of National Health Investors in a research report on Monday, March 17th. Three equities 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, National Health Investors presently has a consensus rating of "Hold" and an average price target of $85.50.

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.