ProShare Advisors LLC Grows Stock Holdings in National Health Investors, Inc. (NYSE:NHI)

ProShare Advisors LLC lifted its stake in National Health Investors, Inc. (NYSE:NHI - Free Report) by 49.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,787 shares of the real estate investment trust's stock after acquiring an additional 3,877 shares during the period. ProShare Advisors LLC's holdings in National Health Investors were worth $817,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in NHI. Loomis Sayles & Co. L P boosted 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 acquiring an additional 189 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of National Health Investors by 781.2% in the fourth quarter. Jones Financial Companies Lllp now owns 890 shares of the real estate investment trust's stock worth $62,000 after acquiring an additional 789 shares during the period. Venturi Wealth Management LLC bought a new position in shares of National Health Investors in the fourth quarter worth $63,000. NewEdge Advisors LLC bought a new position in shares of National Health Investors in the fourth quarter worth $83,000. Finally, KBC Group NV boosted its holdings in shares of National Health Investors by 61.4% in the fourth quarter. KBC Group NV now owns 2,019 shares of the real estate investment trust's stock worth $140,000 after acquiring an additional 768 shares during the period. 62.51% of the stock is owned by institutional investors.

National Health Investors Price Performance

Shares of NHI stock traded up $0.09 on Thursday, reaching $72.64. The company's stock had a trading volume of 36,719 shares, compared to its average volume of 228,225. The company has a quick ratio of 10.29, a current ratio of 10.29 and a debt-to-equity ratio of 0.92. National Health Investors, Inc. has a 12-month low of $63.91 and a 12-month high of $86.13. The company has a market capitalization of $3.39 billion, a P/E ratio of 25.06, a PEG ratio of 4.42 and a beta of 0.78. The stock's 50 day simple moving average is $74.03 and its 200-day simple moving average is $72.49.

National Health Investors (NYSE:NHI - Get Free Report) last released 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. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The business had revenue of $68.87 million for the quarter, compared to the consensus estimate of $85.13 million. During the same quarter last year, the business posted $1.10 earnings per share. The company's revenue for the quarter was up 9.6% on a year-over-year basis. As a group, equities analysts predict that National Health Investors, Inc. will post 4.41 earnings per share 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. Shareholders of record on Monday, June 30th will be given a dividend of $0.90 per share. The ex-dividend date is Monday, June 30th. This represents a $3.60 dividend on an annualized basis and a yield of 4.96%. National Health Investors's payout ratio is 114.29%.

Analyst Ratings Changes

A number of brokerages recently issued reports on NHI. Truist Financial increased 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. Wedbush reiterated an "outperform" rating and issued a $88.00 price objective on shares of National Health Investors in a research report on Monday, March 17th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus 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.