Focus Partners Advisor Solutions LLC Has $327,000 Stock Position in National Health Investors, Inc. (NYSE:NHI)

Focus Partners Advisor Solutions LLC decreased its position in National Health Investors, Inc. (NYSE:NHI - Free Report) by 63.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,721 shares of the real estate investment trust's stock after selling 8,357 shares during the quarter. Focus Partners Advisor Solutions LLC's holdings in National Health Investors were worth $327,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in NHI. Voloridge Investment Management LLC acquired a new stake in shares of National Health Investors in the fourth quarter worth about $1,963,000. Two Sigma Advisers LP grew its holdings in National Health Investors by 131.2% during the fourth quarter. Two Sigma Advisers LP now owns 57,800 shares of the real estate investment trust's stock valued at $4,006,000 after purchasing an additional 32,800 shares during the last quarter. Two Sigma Investments LP raised its position in shares of National Health Investors by 34.6% in the fourth quarter. Two Sigma Investments LP now owns 100,360 shares of the real estate investment trust's stock valued at $6,955,000 after purchasing an additional 25,785 shares during the period. Point72 Asset Management L.P. lifted its stake in shares of National Health Investors by 32.2% in the fourth quarter. Point72 Asset Management L.P. now owns 10,827 shares of the real estate investment trust's stock worth $750,000 after buying an additional 2,637 shares during the last quarter. Finally, ProShare Advisors LLC lifted its stake in shares of National Health Investors by 49.0% in the fourth quarter. ProShare Advisors LLC now owns 11,787 shares of the real estate investment trust's stock worth $817,000 after buying an additional 3,877 shares during the last quarter. Institutional investors and hedge funds own 62.51% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on NHI. Wedbush reiterated an "outperform" rating and issued a $88.00 price objective on shares of National Health Investors in a research note on Monday, March 17th. Truist Financial boosted their target price 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. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, National Health Investors has an average rating of "Hold" and a consensus price target of $85.50.

National Health Investors Stock Performance

Shares of NHI stock traded down $0.91 during mid-day trading on Wednesday, reaching $72.53. The stock had a trading volume of 226,642 shares, compared to its average volume of 228,784. The firm has a market cap of $3.39 billion, a PE ratio of 24.92, a P/E/G ratio of 4.42 and a beta of 0.78. The company has a quick ratio of 10.29, a current ratio of 10.29 and a debt-to-equity ratio of 0.92. The firm's 50 day simple moving average is $74.05 and its 200 day simple moving average is $72.49. National Health Investors, Inc. has a one year low of $63.91 and a one year high of $86.13.

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

National Health Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Monday, June 30th will be issued a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 4.96%. The ex-dividend date is Monday, June 30th. National Health Investors's dividend payout ratio is currently 114.29%.

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.