National Health Investors, Inc. (NYSE:NHI) Stock Holdings Lifted by Sound Income Strategies LLC

Sound Income Strategies LLC lifted its stake in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) by 12.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 213,082 shares of the real estate investment trust's stock after buying an additional 23,951 shares during the quarter. Sound Income Strategies LLC owned approximately 0.46% of National Health Investors worth $15,738,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC boosted its stake in National Health Investors by 11.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,611 shares of the real estate investment trust's stock valued at $267,000 after acquiring an additional 357 shares during the last quarter. Albert D Mason Inc. raised its stake in shares of National Health Investors by 25.3% in the 1st quarter. Albert D Mason Inc. now owns 4,459 shares of the real estate investment trust's stock valued at $329,000 after purchasing an additional 901 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of National Health Investors in the 1st quarter valued at about $808,000. Farther Finance Advisors LLC lifted its position in shares of 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 purchasing an additional 900 shares during the last quarter. Finally, NBC Securities Inc. acquired a new position in National Health Investors in the first quarter worth about $1,186,000. Institutional investors and hedge funds own 62.51% of the company's stock.

National Health Investors Price Performance

Shares of NHI stock traded up $0.21 during midday trading on Wednesday, reaching $70.88. 219,244 shares of the company were exchanged, compared to its average volume of 241,110. The company's 50 day moving average price is $73.75 and its two-hundred day moving average price is $71.84. The company has a market cap of $3.31 billion, a P/E ratio of 22.50, a PEG ratio of 4.21 and a beta of 0.75. National Health Investors, Inc. has a 12 month low of $65.13 and a 12 month high of $86.13. The company has a debt-to-equity ratio of 0.88, a quick ratio of 16.55 and a current ratio of 16.55.

National Health Investors (NYSE:NHI - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $1.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 firm had revenue of $68.87 million during the quarter, compared to analyst estimates of $85.13 million. During the same period last year, the company posted $1.10 EPS. The firm's quarterly revenue was up 9.6% on a year-over-year basis. On average, sell-side analysts expect that National Health Investors, Inc. will post 4.41 earnings per share for the current 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 5.08%. The ex-dividend date of this dividend is Monday, June 30th. National Health Investors's dividend payout ratio is 114.29%.

Analyst Ratings Changes

NHI has been the topic of a number of research reports. Truist Financial raised their price target 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 reaffirmed an "outperform" rating and set a $88.00 target price on shares of National Health Investors in a research note on Monday, March 17th. 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 MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $85.75.

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.