OMERS ADMINISTRATION Corp Purchases Shares of 3,900 National Health Investors, Inc. (NYSE:NHI)

OMERS ADMINISTRATION Corp bought a new stake in National Health Investors, Inc. (NYSE:NHI - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,900 shares of the real estate investment trust's stock, valued at approximately $270,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Loomis Sayles & Co. L P increased its stake in shares of National Health Investors by 42.0% during the 4th quarter. Loomis Sayles & Co. L P now owns 639 shares of the real estate investment trust's stock valued at $44,000 after acquiring an additional 189 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of National Health Investors by 781.2% during the 4th quarter. Jones Financial Companies Lllp now owns 890 shares of the real estate investment trust's stock valued at $62,000 after acquiring an additional 789 shares during the last quarter. Venturi Wealth Management LLC acquired a new stake in National Health Investors during the 4th quarter worth approximately $63,000. NewEdge Advisors LLC acquired a new stake in National Health Investors during the 4th quarter worth approximately $83,000. Finally, KBC Group NV increased its position in National Health Investors by 61.4% during the 4th quarter. KBC Group NV now owns 2,019 shares of the real estate investment trust's stock worth $140,000 after purchasing an additional 768 shares in the last quarter. Institutional investors and hedge funds own 62.51% of the company's stock.

National Health Investors Stock Up 0.5%

Shares of NYSE NHI traded up $0.37 during mid-day trading on Friday, reaching $72.51. 252,171 shares of the company's stock were exchanged, compared to its average volume of 228,349. The company has a current ratio of 10.29, a quick ratio of 10.29 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $3.39 billion, a price-to-earnings ratio of 24.92, a PEG ratio of 4.42 and a beta of 0.78. National Health Investors, Inc. has a twelve month low of $63.91 and a twelve month high of $86.13. The business has a fifty day simple moving average of $74.14 and a 200 day simple moving average of $72.54.

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 earnings per share for the quarter, beating analysts' consensus estimates of $1.13 by $0.02. The firm had revenue of $68.87 million during the quarter, compared to the consensus estimate of $85.13 million. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The business's revenue was up 9.6% compared to the same quarter last year. During the same period last year, the company earned $1.10 earnings per share. As a group, equities analysts expect that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Dividend Announcement

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 issued a dividend of $0.90 per share. 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 payout ratio is currently 114.29%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Truist Financial increased 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. 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 company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $85.50.

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.