National Health Investors, Inc. (NYSE:NHI) Holdings Boosted by GAMMA Investing LLC

GAMMA Investing LLC lifted its position in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) by 8,469.9% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 13,369 shares of the real estate investment trust's stock after purchasing an additional 13,213 shares during the quarter. GAMMA Investing LLC's holdings in National Health Investors were worth $987,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. California State Teachers Retirement System boosted its stake in shares of National Health Investors by 4.7% in the fourth quarter. California State Teachers Retirement System now owns 42,896 shares of the real estate investment trust's stock valued at $2,973,000 after purchasing an additional 1,934 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in National Health Investors in the 4th quarter worth $226,000. Employees Retirement System of Texas purchased a new position in National Health Investors in the 4th quarter valued at about $2,079,000. GF Fund Management CO. LTD. acquired a new stake in shares of National Health Investors during the fourth quarter valued at about $58,000. Finally, Public Employees Retirement System of Ohio grew its stake in shares of National Health Investors by 3.6% during the fourth quarter. Public Employees Retirement System of Ohio now owns 64,748 shares of the real estate investment trust's stock valued at $4,487,000 after acquiring an additional 2,275 shares in the last quarter. Institutional investors and hedge funds own 62.51% of the company's stock.

National Health Investors Stock Up 0.1%

Shares of National Health Investors stock traded up $0.06 during trading on Friday, reaching $70.90. The company had a trading volume of 164,099 shares, compared to its average volume of 241,338. The company has a debt-to-equity ratio of 0.88, a quick ratio of 16.55 and a current ratio of 16.55. National Health Investors, Inc. has a fifty-two week low of $65.13 and a fifty-two week high of $86.13. The firm's fifty day moving average is $73.73 and its 200-day moving average is $71.80. The company has a market cap of $3.31 billion, a price-to-earnings ratio of 22.56, a price-to-earnings-growth ratio of 4.26 and a beta of 0.75.

National Health Investors (NYSE:NHI - Get Free Report) last announced 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 analysts' expectations of $85.13 million. National Health Investors had a return on equity of 10.64% and a net margin of 41.15%. National Health Investors'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 firm posted $1.10 earnings per share. On average, analysts anticipate that National Health Investors, Inc. will post 4.41 EPS for the current year.

National Health Investors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Shareholders 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 yield of 5.08%. National Health Investors's payout ratio is 114.29%.

Wall Street Analyst Weigh In

NHI has been the topic of several recent analyst reports. Wedbush reiterated an "outperform" rating and issued a $88.00 price target on shares of National Health Investors in a research note on Monday, March 17th. Truist Financial upped their target price on National Health Investors from $76.00 to $77.00 and gave the company a "hold" rating in a research report on Monday, June 9th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, National Health Investors currently has a consensus rating of "Hold" and an average target price of $85.75.

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.