ProShare Advisors LLC Buys 3,877 Shares of National Health Investors, Inc. (NYSE:NHI)

ProShare Advisors LLC grew its position in National Health Investors, Inc. (NYSE:NHI - Free Report) by 49.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,787 shares of the real estate investment trust's stock after purchasing an additional 3,877 shares during the quarter. ProShare Advisors LLC's holdings in National Health Investors were worth $817,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of NHI. Man Group plc lifted its stake in shares of National Health Investors by 19.9% in the 4th quarter. Man Group plc now owns 10,200 shares of the real estate investment trust's stock valued at $707,000 after purchasing an additional 1,694 shares during the period. Nissay Asset Management Corp Japan ADV raised its stake in National Health Investors by 4.0% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 6,479 shares of the real estate investment trust's stock worth $446,000 after buying an additional 248 shares during the period. OMERS ADMINISTRATION Corp acquired a new position in National Health Investors during the 4th quarter worth approximately $270,000. Millennium Management LLC raised its stake in National Health Investors by 1,967.0% during the 4th quarter. Millennium Management LLC now owns 488,353 shares of the real estate investment trust's stock worth $33,843,000 after buying an additional 464,727 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in National Health Investors by 2.7% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 390,116 shares of the real estate investment trust's stock worth $27,035,000 after buying an additional 10,399 shares during the period. 62.51% of the stock is owned by institutional investors.

National Health Investors Stock Down 1.0%

Shares of NHI stock traded down $0.71 during trading hours on Wednesday, reaching $72.73. The company had a trading volume of 113,800 shares, compared to its average volume of 228,097. National Health Investors, Inc. has a 12 month low of $63.91 and a 12 month high of $86.13. The company has a debt-to-equity ratio of 0.92, a current ratio of 10.29 and a quick ratio of 10.29. The business has a fifty day simple moving average of $74.05 and a 200-day simple moving average of $72.49. The company has a market cap of $3.40 billion, a price-to-earnings ratio of 24.99, a price-to-earnings-growth ratio of 4.42 and a beta of 0.78.

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 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 company had revenue of $68.87 million for the quarter, compared to analyst estimates of $85.13 million. During the same quarter last year, the company earned $1.10 earnings per share. The company's revenue for the quarter was up 9.6% on a year-over-year basis. On average, research analysts expect that National Health Investors, Inc. will post 4.41 earnings per share for the current fiscal year.

National Health Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Monday, June 30th will be paid 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 dividend yield of 4.95%. National Health Investors's payout ratio is 114.29%.

Wall Street Analysts Forecast Growth

NHI has been the topic of a number of research reports. Truist Financial upped their price target on National Health Investors from $70.00 to $76.00 and gave the stock a "hold" rating in a research note on Wednesday, March 19th. Wedbush restated an "outperform" rating and set a $88.00 price objective on shares of National Health Investors in a report on Monday, March 17th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, National Health Investors presently has an average 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.