Allianz Asset Management GmbH Has $4.21 Million Holdings in National Health Investors, Inc. (NYSE:NHI)

Allianz Asset Management GmbH lifted its holdings in National Health Investors, Inc. (NYSE:NHI - Free Report) by 104.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 56,928 shares of the real estate investment trust's stock after buying an additional 29,016 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.12% of National Health Investors worth $4,205,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of NHI. Raymond James Financial Inc. bought a new position in shares of National Health Investors in the 4th quarter worth about $2,219,000. American Century Companies Inc. increased its holdings in shares of National Health Investors by 3.5% in the 4th quarter. American Century Companies Inc. now owns 18,113 shares of the real estate investment trust's stock worth $1,255,000 after acquiring an additional 608 shares during the period. LPL Financial LLC increased its holdings in shares of National Health Investors by 2.0% in the 4th quarter. LPL Financial LLC now owns 22,842 shares of the real estate investment trust's stock worth $1,583,000 after acquiring an additional 449 shares during the period. Vanguard Group Inc. increased its holdings in shares of National Health Investors by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 6,423,210 shares of the real estate investment trust's stock worth $445,128,000 after acquiring an additional 102,012 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of National Health Investors by 6.8% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 29,795 shares of the real estate investment trust's stock worth $2,062,000 after acquiring an additional 1,888 shares during the period. 62.51% of the stock is currently owned by institutional investors.

National Health Investors Stock Performance

NHI stock traded up $0.89 on Friday, reaching $70.75. 66,731 shares of the company were exchanged, compared to its average volume of 248,111. National Health Investors, Inc. has a 12 month low of $65.13 and a 12 month high of $86.13. The stock's fifty day moving average price is $71.19 and its 200 day moving average price is $71.87. The firm has a market capitalization of $3.30 billion, a PE ratio of 22.46, a PEG ratio of 3.51 and a beta of 0.73. The company has a debt-to-equity ratio of 0.88, a current ratio of 16.55 and a quick ratio of 16.55.

National Health Investors (NYSE:NHI - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $1.15 earnings per share for the quarter, topping analysts' consensus estimates of $1.13 by $0.02. National Health Investors had a net margin of 41.15% and a return on equity of 10.64%. The firm had revenue of $68.87 million for the quarter, compared to the consensus estimate of $85.13 million. During the same quarter in the previous year, the company earned $1.10 earnings per share. The business's revenue was up 9.6% compared to the same quarter last year. On average, research analysts anticipate that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Monday, June 30th will be issued a $0.90 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.60 annualized dividend and a dividend yield of 5.1%. National Health Investors's dividend payout ratio is presently 114.29%.

Analysts Set New Price Targets

Several equities analysts have commented on NHI shares. Wedbush raised shares of National Health Investors to a "strong-buy" rating in a research note on Wednesday, July 2nd. Truist Financial raised shares of National Health Investors from a "hold" rating to a "buy" rating and set a $77.00 price objective on the stock in a research note on Wednesday, July 2nd. Finally, KeyCorp raised shares of National Health Investors from a "sector weight" rating to an "overweight" rating and set a $80.00 price objective on the stock in a research note on Thursday, July 10th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, National Health Investors currently has an average rating of "Moderate Buy" and an average price target of $84.60.

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.