UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 14,240 Shares of National Health Investors, Inc. (NYSE:NHI)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in National Health Investors, Inc. (NYSE:NHI - Free Report) by 5.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 228,086 shares of the real estate investment trust's stock after selling 14,240 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.50% of National Health Investors worth $15,806,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Focus Partners Wealth raised its holdings in shares of National Health Investors by 4.0% during the fourth quarter. Focus Partners Wealth now owns 4,867 shares of the real estate investment trust's stock valued at $337,000 after acquiring an additional 188 shares during the period. Loomis Sayles & Co. L P grew its position in National Health Investors by 42.0% during the 4th quarter. Loomis Sayles & Co. L P now owns 639 shares of the real estate investment trust's stock worth $44,000 after purchasing an additional 189 shares in the last quarter. State of Alaska Department of Revenue raised its stake in National Health Investors by 1.0% during the 4th quarter. State of Alaska Department of Revenue now owns 20,040 shares of the real estate investment trust's stock valued at $1,388,000 after purchasing an additional 196 shares during the period. Pictet Asset Management Holding SA raised its stake in National Health Investors by 1.8% during the 4th quarter. Pictet Asset Management Holding SA now owns 13,197 shares of the real estate investment trust's stock valued at $915,000 after purchasing an additional 238 shares during the period. Finally, Nissay Asset Management Corp Japan ADV lifted its holdings in shares of National Health Investors by 4.0% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 6,479 shares of the real estate investment trust's stock valued at $446,000 after purchasing an additional 248 shares in the last quarter. 62.51% of the stock is owned by hedge funds and other institutional investors.

National Health Investors Stock Down 0.7%

National Health Investors stock traded down $0.50 during trading hours on Monday, hitting $72.01. The company had a trading volume of 650,956 shares, compared to its average volume of 234,066. National Health Investors, Inc. has a fifty-two week low of $64.00 and a fifty-two week 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 firm has a market capitalization of $3.36 billion, a P/E ratio of 24.74, a price-to-earnings-growth ratio of 4.42 and a beta of 0.78. The firm's fifty day moving average is $73.93 and its 200-day moving average is $72.26.

National Health Investors (NYSE:NHI - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $1.15 EPS for the quarter, beating the consensus estimate of $1.13 by $0.02. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The business had revenue of $68.87 million for the quarter, compared to analysts' expectations of $85.13 million. During the same period in the previous year, the company posted $1.10 EPS. National Health Investors's revenue was up 9.6% on a year-over-year basis. On average, research analysts forecast that National Health Investors, Inc. will post 4.41 earnings per share for the current year.

National Health Investors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Monday, June 30th will be paid a $0.90 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.60 dividend on an annualized basis and a yield of 5.00%. National Health Investors's dividend payout ratio (DPR) is currently 114.29%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on NHI. Truist Financial raised their target price 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 reissued an "outperform" rating and issued a $88.00 price objective 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 issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target 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.