Jane Street Group LLC Trims Stake in National Health Investors, Inc. (NYSE:NHI)

Jane Street Group LLC decreased its holdings in National Health Investors, Inc. (NYSE:NHI - Free Report) by 93.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,812 shares of the real estate investment trust's stock after selling 56,287 shares during the period. Jane Street Group LLC's holdings in National Health Investors were worth $264,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC grew its holdings in shares of National Health Investors by 323.8% in the 3rd quarter. Barclays PLC now owns 71,703 shares of the real estate investment trust's stock worth $6,027,000 after acquiring an additional 54,782 shares during the period. KBC Group NV raised its position in shares of National Health Investors by 61.4% in the 4th quarter. KBC Group NV now owns 2,019 shares of the real estate investment trust's stock worth $140,000 after buying an additional 768 shares during the period. abrdn plc increased its holdings in National Health Investors by 28.2% in the 4th quarter. abrdn plc now owns 24,236 shares of the real estate investment trust's stock valued at $1,670,000 after purchasing an additional 5,331 shares in the last quarter. State of Alaska Department of Revenue grew its stake in shares of National Health Investors by 1.0% during the fourth quarter. State of Alaska Department of Revenue now owns 20,040 shares of the real estate investment trust's stock valued at $1,388,000 after acquiring an additional 196 shares in the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in National Health Investors during the fourth quarter valued at approximately $2,700,000. 62.51% of the stock is owned by hedge funds and other institutional investors.

National Health Investors Stock Up 1.5%

NHI traded up $1.07 during midday trading on Friday, hitting $72.43. The company had a trading volume of 210,174 shares, compared to its average volume of 237,425. 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 stock's 50 day moving average price is $73.73 and its 200 day moving average price is $72.17. The company has a market capitalization of $3.38 billion, a price-to-earnings ratio of 24.89, a PEG ratio of 4.42 and a beta of 0.75. National Health Investors, Inc. has a 52 week low of $64.00 and a 52 week high of $86.13.

National Health Investors (NYSE:NHI - Get Free Report) last posted its earnings results on Monday, May 5th. The real estate investment trust reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.02. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The business had revenue of $68.87 million for the quarter, compared to analysts' expectations of $85.13 million. During the same period in the prior year, the company posted $1.10 EPS. The business's revenue for the quarter 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 earnings per share for the current fiscal year.

National Health Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Monday, June 30th will be given a $0.90 dividend. The ex-dividend date is Monday, June 30th. This represents a $3.60 annualized dividend and a yield of 4.97%. National Health Investors's dividend payout ratio (DPR) is presently 114.29%.

Wall Street Analysts Forecast Growth

NHI has been the subject of a number of research reports. Truist Financial increased their price target on National Health Investors from $70.00 to $76.00 and gave the company a "hold" rating in a research note on Wednesday, March 19th. Wedbush reissued an "outperform" rating and set a $88.00 target price on shares of National Health Investors in a research report on Monday, March 17th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $85.50.

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.