National Health Investors, Inc. (NYSE:NHI) Shares Sold by Dark Forest Capital Management LP

Dark Forest Capital Management LP lowered its stake in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) by 31.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 36,007 shares of the real estate investment trust's stock after selling 16,149 shares during the period. Dark Forest Capital Management LP owned approximately 0.08% of National Health Investors worth $2,495,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of NHI. Hsbc Holdings PLC increased its position in National Health Investors by 10.8% during the fourth quarter. Hsbc Holdings PLC now owns 35,996 shares of the real estate investment trust's stock worth $2,493,000 after buying an additional 3,514 shares during the period. Stifel Financial Corp raised its position in National Health Investors by 31.1% in the 4th quarter. Stifel Financial Corp now owns 5,445 shares of the real estate investment trust's stock valued at $377,000 after purchasing an additional 1,293 shares during the last quarter. Lasalle Investment Management Securities LLC grew its position in National Health Investors by 1.0% during the 4th quarter. Lasalle Investment Management Securities LLC now owns 611,275 shares of the real estate investment trust's stock worth $42,361,000 after purchasing an additional 6,230 shares during the last quarter. MetLife Investment Management LLC increased its stake in National Health Investors by 5.1% in the fourth quarter. MetLife Investment Management LLC now owns 26,497 shares of the real estate investment trust's stock valued at $1,836,000 after purchasing an additional 1,296 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of National Health Investors by 3.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 634,430 shares of the real estate investment trust's stock valued at $43,966,000 after buying an additional 20,631 shares during the last quarter. Hedge funds and other institutional investors own 62.51% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on NHI. Wedbush restated an "outperform" rating and set a $88.00 price objective on shares of National Health Investors in a research report on Monday, March 17th. Truist Financial raised their price objective on shares of National Health Investors from $70.00 to $76.00 and gave the company a "hold" rating in a research report on Wednesday, March 19th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $85.50.

National Health Investors Stock Down 0.5 %

Shares of NHI stock traded down $0.41 during trading hours on Monday, reaching $74.76. The company had a trading volume of 42,362 shares, compared to its average volume of 222,631. The company has a market capitalization of $3.49 billion, a P/E ratio of 25.69, a price-to-earnings-growth ratio of 4.42 and a beta of 0.79. National Health Investors, Inc. has a twelve month low of $62.61 and a twelve month high of $86.13. The stock's fifty day simple moving average is $73.15 and its 200 day simple moving average is $72.79. 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 released its earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 EPS for the quarter, beating the consensus estimate 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 company had revenue of $85.75 million during the quarter, compared to analysts' expectations of $81.13 million. As a group, 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 firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Monday, March 31st will be given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.82%. The ex-dividend date is Monday, March 31st. National Health Investors's dividend payout ratio is presently 115.38%.

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.