GW&K Investment Management LLC Sells 11,138 Shares of National Health Investors, Inc. (NYSE:NHI)

GW&K Investment Management LLC decreased its position in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) by 3.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 322,374 shares of the real estate investment trust's stock after selling 11,138 shares during the period. GW&K Investment Management LLC owned 0.69% of National Health Investors worth $23,811,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. M&T Bank Corp lifted its holdings in shares of National Health Investors by 4.4% in the first quarter. M&T Bank Corp now owns 3,969 shares of the real estate investment trust's stock worth $293,000 after buying an additional 168 shares in the last quarter. Focus Partners Wealth lifted its holdings in shares of National Health Investors by 4.0% in the fourth quarter. Focus Partners Wealth now owns 4,867 shares of the real estate investment trust's stock worth $337,000 after buying an additional 188 shares in the last quarter. Loomis Sayles & Co. L P lifted its holdings in shares of National Health Investors by 42.0% in the fourth quarter. Loomis Sayles & Co. L P now owns 639 shares of the real estate investment trust's stock worth $44,000 after buying an additional 189 shares in the last quarter. Pictet Asset Management Holding SA lifted its holdings in shares of National Health Investors by 1.8% in the fourth quarter. Pictet Asset Management Holding SA now owns 13,197 shares of the real estate investment trust's stock worth $915,000 after buying an additional 238 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV increased its position in National Health Investors by 4.0% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 6,479 shares of the real estate investment trust's stock worth $446,000 after purchasing an additional 248 shares during the last quarter. Institutional investors own 62.51% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Wedbush upgraded shares of National Health Investors to a "strong-buy" rating in a research report on Wednesday, July 2nd. Truist Financial upgraded shares of National Health Investors from a "hold" rating to a "buy" rating and set a $77.00 price target on the stock in a research report on Wednesday, July 2nd. Finally, KeyCorp upgraded shares of National Health Investors from a "sector weight" rating to an "overweight" rating and set a $80.00 price target on the stock in a research report on Thursday, July 10th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $84.60.

National Health Investors Trading Up 0.2%

NHI stock traded up $0.17 during mid-day trading on Thursday, reaching $71.46. 156,322 shares of the stock traded hands, compared to its average volume of 250,104. 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 one year low of $65.13 and a one year high of $86.13. The stock has a market capitalization of $3.34 billion, a PE ratio of 22.68, a PEG ratio of 3.59 and a beta of 0.73. The business has a 50-day moving average price of $71.65 and a two-hundred day moving average price of $71.73.

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 for the quarter, beating 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 business had revenue of $68.87 million for the quarter, compared to analysts' expectations of $85.13 million. During the same quarter in the previous year, the business posted $1.10 earnings per share. The business's revenue was up 9.6% compared to the same quarter last year. Equities research analysts expect that National Health Investors, Inc. will post 4.41 EPS for the current year.

National Health Investors Dividend Announcement

The business also recently announced 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. This represents a $3.60 dividend on an annualized basis and a dividend yield of 5.04%. 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.