SG Americas Securities LLC Takes Position in National Health Investors, Inc. (NYSE:NHI)

SG Americas Securities LLC acquired a new position in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 10,935 shares of the real estate investment trust's stock, valued at approximately $808,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Farther Finance Advisors LLC grew its holdings in National Health Investors by 5,000.0% during the first quarter. Farther Finance Advisors LLC now owns 918 shares of the real estate investment trust's stock worth $68,000 after acquiring an additional 900 shares during the period. NBC Securities Inc. acquired a new position in National Health Investors during the first quarter worth $1,186,000. GAMMA Investing LLC grew its holdings in National Health Investors by 8,469.9% during the first quarter. GAMMA Investing LLC now owns 13,369 shares of the real estate investment trust's stock worth $987,000 after acquiring an additional 13,213 shares during the period. California State Teachers Retirement System grew its holdings in National Health Investors by 4.7% during the fourth quarter. California State Teachers Retirement System now owns 42,896 shares of the real estate investment trust's stock worth $2,973,000 after acquiring an additional 1,934 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in National Health Investors during the fourth quarter worth $226,000. Institutional investors and hedge funds own 62.51% of the company's stock.

National Health Investors Price Performance

National Health Investors stock traded up $1.57 during trading hours on Monday, hitting $72.34. The stock had a trading volume of 439,872 shares, compared to its average volume of 243,848. The company has a debt-to-equity ratio of 0.88, a current ratio of 16.55 and a quick ratio of 16.55. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 22.97, a PEG ratio of 4.26 and a beta of 0.75. National Health Investors, Inc. has a 1-year low of $65.13 and a 1-year high of $86.13. The stock's fifty day moving average is $73.65 and its two-hundred day moving average is $71.69.

National Health Investors (NYSE:NHI - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.02. National Health Investors had a return on equity of 10.64% and a net margin of 41.15%. The business had revenue of $68.87 million for the quarter, compared to the consensus estimate of $85.13 million. During the same period in the prior year, the business earned $1.10 earnings per share. The business's revenue was up 9.6% on a year-over-year basis. As a group, 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Monday, June 30th will be given a $0.90 dividend. The ex-dividend date is Monday, June 30th. This represents a $3.60 annualized dividend and a dividend yield of 4.98%. National Health Investors's dividend payout ratio is currently 114.29%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Truist Financial upped their price objective on National Health Investors from $76.00 to $77.00 and gave the stock a "hold" rating in a report on Monday, June 9th. Wedbush reissued an "outperform" rating and issued a $88.00 target price on shares of National Health Investors in a report on Monday, March 17th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, National Health Investors has an average rating of "Hold" and an average price target of $85.75.

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.