Brevan Howard Capital Management LP purchased a new stake in National Health Investors, Inc. (NYSE:NHI - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 5,806 shares of the real estate investment trust's stock, valued at approximately $402,000.
A number of other institutional investors also recently bought and sold shares of the stock. Victory Capital Management Inc. increased its holdings in shares of National Health Investors by 21.8% during the 4th quarter. Victory Capital Management Inc. now owns 29,723 shares of the real estate investment trust's stock valued at $2,060,000 after purchasing an additional 5,318 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in National Health Investors by 2.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 876,839 shares of the real estate investment trust's stock valued at $60,765,000 after buying an additional 24,462 shares during the period. Sterling Capital Management LLC increased its stake in National Health Investors by 61.1% during the fourth quarter. Sterling Capital Management LLC now owns 3,099 shares of the real estate investment trust's stock worth $215,000 after purchasing an additional 1,175 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in National Health Investors by 9.6% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 60,130 shares of the real estate investment trust's stock worth $4,167,000 after purchasing an additional 5,290 shares during the period. Finally, Centersquare Investment Management LLC increased its stake in shares of National Health Investors by 35.9% during the fourth quarter. Centersquare Investment Management LLC now owns 394,433 shares of the real estate investment trust's stock worth $27,334,000 after buying an additional 104,186 shares during the period. 62.51% of the stock is currently owned by institutional investors and hedge funds.
National Health Investors Stock Down 2.0%
National Health Investors stock traded down $1.48 during midday trading on Wednesday, hitting $73.15. 154,184 shares of the company were exchanged, compared to its average volume of 225,798. The company has a debt-to-equity ratio of 0.92, a current ratio of 10.29 and a quick ratio of 10.29. National Health Investors, Inc. has a fifty-two week low of $63.91 and a fifty-two week high of $86.13. The company's fifty day moving average price is $74.20 and its 200-day moving average price is $72.75. The company has a market cap of $3.42 billion, a PE ratio of 25.14, a price-to-earnings-growth ratio of 4.42 and a beta of 0.78.
National Health Investors (NYSE:NHI - Get Free Report) last issued its quarterly earnings results 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. The business had revenue of $68.87 million during the quarter, compared to the consensus estimate of $85.13 million. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The business's quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.10 EPS. On average, research analysts predict that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.
National Health Investors Dividend Announcement
The firm also recently declared 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. The ex-dividend date is Monday, June 30th. This represents a $3.60 dividend on an annualized basis and a yield of 4.92%. National Health Investors's dividend payout ratio (DPR) is presently 114.29%.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. Truist Financial increased their price objective on National Health Investors from $70.00 to $76.00 and gave the company a "hold" rating in a report on Wednesday, March 19th. Wedbush reissued an "outperform" rating and issued a $88.00 price target on shares of National Health Investors in a research note on Monday, March 17th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $85.50.
Check Out Our Latest Research Report on National Health Investors
About National Health Investors
(
Free Report)
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.
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