OMERS ADMINISTRATION Corp Acquires New Position in National Health Investors, Inc. (NYSE:NHI)

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

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Victory Capital Management Inc. boosted its stake in National Health Investors by 21.8% during the fourth quarter. Victory Capital Management Inc. now owns 29,723 shares of the real estate investment trust's stock valued at $2,060,000 after buying an additional 5,318 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of National Health Investors by 2.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 876,839 shares of the real estate investment trust's stock valued at $60,765,000 after purchasing an additional 24,462 shares during the last quarter. Sterling Capital Management LLC lifted its stake in shares of National Health Investors by 61.1% in the 4th quarter. Sterling Capital Management LLC now owns 3,099 shares of the real estate investment trust's stock valued at $215,000 after purchasing an additional 1,175 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in shares of National Health Investors by 9.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 60,130 shares of the real estate investment trust's stock valued at $4,167,000 after purchasing an additional 5,290 shares during the last quarter. Finally, Centersquare Investment Management LLC lifted its stake in shares of National Health Investors by 35.9% in the 4th quarter. Centersquare Investment Management LLC now owns 394,433 shares of the real estate investment trust's stock valued at $27,334,000 after purchasing an additional 104,186 shares during the last quarter. 62.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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 report on Monday, March 17th. Truist Financial raised their price objective on National Health Investors from $70.00 to $76.00 and gave the stock a "hold" rating in a research report on Wednesday, March 19th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, National Health Investors has a consensus rating of "Hold" and an average price target of $85.50.

National Health Investors Price Performance

Shares of National Health Investors stock traded down $0.80 on Thursday, hitting $72.18. The company's stock had a trading volume of 200,052 shares, compared to its average volume of 227,536. National Health Investors, Inc. has a 1 year low of $63.91 and a 1 year high of $86.13. The firm has a fifty day moving average price of $74.21 and a 200-day moving average price of $72.65. The company has a debt-to-equity ratio of 0.92, a quick ratio of 10.29 and a current ratio of 10.29. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of 24.80, a price-to-earnings-growth ratio of 4.42 and a beta of 0.78.

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

National Health Investors Announces Dividend

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 issued a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 4.99%. The ex-dividend date of this dividend is Monday, June 30th. National Health Investors's dividend payout ratio is currently 114.29%.

National Health Investors 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.