Squarepoint Ops LLC Sells 13,840 Shares of National Health Investors, Inc. (NYSE:NHI)

Squarepoint Ops LLC decreased its stake in National Health Investors, Inc. (NYSE:NHI - Free Report) by 47.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,145 shares of the real estate investment trust's stock after selling 13,840 shares during the period. Squarepoint Ops LLC's holdings in National Health Investors were worth $1,050,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Loomis Sayles & Co. L P lifted its stake in shares of National Health Investors by 42.0% in the 4th quarter. Loomis Sayles & Co. L P now owns 639 shares of the real estate investment trust's stock valued at $44,000 after acquiring an additional 189 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of National Health Investors by 781.2% during the fourth quarter. Jones Financial Companies Lllp now owns 890 shares of the real estate investment trust's stock valued at $62,000 after purchasing an additional 789 shares in the last quarter. Venturi Wealth Management LLC bought a new stake in shares of National Health Investors during the fourth quarter worth about $63,000. NewEdge Advisors LLC bought a new position in National Health Investors in the 4th quarter valued at approximately $83,000. Finally, KBC Group NV raised its stake in shares of National Health Investors by 61.4% during the fourth quarter. KBC Group NV now owns 2,019 shares of the real estate investment trust's stock valued at $140,000 after acquiring an additional 768 shares during the last quarter. Institutional investors and hedge funds own 62.51% of the company's stock.

National Health Investors Trading Down 1.1%

Shares of NHI stock traded down $0.79 during mid-day trading on Wednesday, hitting $71.01. The company's stock had a trading volume of 347,758 shares, compared to its average volume of 235,906. The company has a market cap of $3.32 billion, a PE ratio of 24.40, a P/E/G ratio of 4.42 and a beta of 0.78. 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's fifty day simple moving average is $73.82 and its 200-day simple moving average is $72.25. National Health Investors, Inc. has a 52 week low of $64.00 and a 52 week high of $86.13.

National Health Investors (NYSE:NHI - Get Free Report) last issued its earnings results on Monday, May 5th. The real estate investment trust reported $1.15 earnings per share for the quarter, topping analysts' consensus estimates of $1.13 by $0.02. The business had revenue of $68.87 million during the quarter, compared to the consensus estimate 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 period in the previous year, the company posted $1.10 earnings per share. As a group, equities research analysts expect that National Health Investors, Inc. will post 4.41 earnings per share for the current fiscal year.

National Health Investors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Monday, June 30th will be paid a $0.90 dividend. The ex-dividend date is Monday, June 30th. This represents a $3.60 annualized dividend and a dividend yield of 5.07%. National Health Investors's dividend payout ratio is presently 114.29%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on NHI shares. Wedbush reissued an "outperform" rating and issued a $88.00 price target on shares of National Health Investors in a research note on Monday, March 17th. Truist Financial increased their target price on shares of National Health Investors from $70.00 to $76.00 and gave the company a "hold" rating in a research report on Wednesday, March 19th. Three 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.com, the stock currently has a consensus rating of "Hold" and a consensus price target 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.