Deutsche Bank AG Reduces Stock Position in National Health Investors, Inc. (NYSE:NHI)

Deutsche Bank AG lessened its holdings in National Health Investors, Inc. (NYSE:NHI - Free Report) by 42.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 119,079 shares of the real estate investment trust's stock after selling 86,765 shares during the period. Deutsche Bank AG owned about 0.26% of National Health Investors worth $8,252,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NHI. Norges Bank purchased a new stake in National Health Investors during the fourth quarter worth $42,322,000. Balyasny Asset Management L.P. bought a new position in shares of National Health Investors in the 4th quarter worth $23,917,000. Marshall Wace LLP lifted its stake in shares of National Health Investors by 161.6% during the 4th quarter. Marshall Wace LLP now owns 551,585 shares of the real estate investment trust's stock worth $38,225,000 after purchasing an additional 340,712 shares during the last quarter. Centersquare Investment Management LLC boosted its position in 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 valued at $27,334,000 after purchasing an additional 104,186 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in National Health Investors by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 6,423,210 shares of the real estate investment trust's stock valued at $445,128,000 after purchasing an additional 102,012 shares during the last quarter. 62.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

NHI has been the subject of several analyst reports. Truist Financial increased their price target 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. Wedbush reiterated an "outperform" rating and set a $88.00 price objective 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 company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $85.50.

National Health Investors Stock Down 0.0%

NYSE:NHI traded down $0.02 during mid-day trading on Monday, hitting $75.15. 125,651 shares of the company's stock traded hands, compared to its average volume of 226,438. The company has a fifty day moving average of $74.29 and a 200 day moving average of $72.66. 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, Inc. has a twelve month low of $63.91 and a twelve month high of $86.13. The company has a market capitalization of $3.51 billion, a P/E ratio of 25.82, a P/E/G ratio of 4.42 and a beta of 0.78.

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 (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.02. The firm had revenue of $68.87 million for the quarter, compared to the consensus estimate of $85.13 million. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The company's revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.10 earnings per share. On average, analysts forecast that National Health Investors, Inc. will post 4.41 EPS for the current year.

National Health Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Monday, June 30th will be paid a dividend of $0.90 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.60 annualized dividend and a dividend yield of 4.79%. National Health Investors's payout ratio is currently 114.29%.

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.