KLP Kapitalforvaltning AS Has $724,000 Holdings in National Health Investors, Inc. (NYSE:NHI)

KLP Kapitalforvaltning AS decreased its holdings in National Health Investors, Inc. (NYSE:NHI - Free Report) by 42.6% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,700 shares of the real estate investment trust's stock after selling 7,200 shares during the period. KLP Kapitalforvaltning AS's holdings in National Health Investors were worth $724,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in NHI. American Century Companies Inc. increased its holdings in National Health Investors by 3.5% during the fourth quarter. American Century Companies Inc. now owns 18,113 shares of the real estate investment trust's stock valued at $1,255,000 after buying an additional 608 shares during the last quarter. LPL Financial LLC increased its holdings in National Health Investors by 2.0% during the fourth quarter. LPL Financial LLC now owns 22,842 shares of the real estate investment trust's stock valued at $1,583,000 after buying an additional 449 shares during the last quarter. Vanguard Group Inc. increased its holdings in National Health Investors by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 6,423,210 shares of the real estate investment trust's stock valued at $445,128,000 after buying an additional 102,012 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of National Health Investors by 6.8% in the fourth 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 purchasing an additional 1,888 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of National Health Investors by 8.2% in the fourth quarter. JPMorgan Chase & Co. now owns 162,148 shares of the real estate investment trust's stock worth $11,237,000 after purchasing an additional 12,252 shares during the period. Hedge funds and other institutional investors own 62.51% of the company's stock.

National Health Investors Price Performance

National Health Investors stock traded up $1.44 during midday trading on Friday, reaching $71.30. The company's stock had a trading volume of 283,080 shares, compared to its average volume of 249,624. The firm has a market capitalization of $3.33 billion, a PE ratio of 22.63, a P/E/G ratio of 3.51 and a beta of 0.73. 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 stock's 50 day simple moving average is $71.19 and its 200 day simple moving average is $71.87.

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 EPS for the quarter, beating the consensus estimate of $1.13 by $0.02. The company had revenue of $68.87 million during 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%. The firm's revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.10 EPS. On average, equities research analysts forecast that National Health Investors, Inc. will post 4.41 earnings per share for the current year.

National Health Investors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Monday, June 30th will be given a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Monday, June 30th. National Health Investors's dividend payout ratio is currently 114.29%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Wedbush upgraded shares of National Health Investors to a "strong-buy" rating in a 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 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 objective for the company in a research note on Thursday, July 10th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus 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.