Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 8,726 National Health Investors, Inc. (NYSE:NHI)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH recently invested $645,000 in National Health Investors, acquiring 8,726 shares in the company during the first quarter.
• National Health Investors announced a $0.90 quarterly dividend yielding 5.0%, with a payout ratio of 114.29%.
• The company's stock has been upgraded by several analysts, with a consensus rating of "Moderate Buy" and a price target of $84.60.

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in National Health Investors, Inc. (NYSE:NHI - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 8,726 shares of the real estate investment trust's stock, valued at approximately $645,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of NHI. American Century Companies Inc. grew its holdings in shares of National Health Investors by 3.5% during the fourth quarter. American Century Companies Inc. now owns 18,113 shares of the real estate investment trust's stock worth $1,255,000 after purchasing an additional 608 shares during the last quarter. LPL Financial LLC raised its stake in shares of National Health Investors by 2.0% during the fourth quarter. LPL Financial LLC now owns 22,842 shares of the real estate investment trust's stock valued at $1,583,000 after acquiring an additional 449 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of National Health Investors by 8.2% during the fourth quarter. JPMorgan Chase & Co. now owns 162,148 shares of the real estate investment trust's stock worth $11,237,000 after purchasing an additional 12,252 shares during the period. Norges Bank acquired a new position in shares of National Health Investors during the fourth quarter worth $42,322,000. Finally, Pictet Asset Management Holding SA grew its stake in shares of National Health Investors by 1.8% in the fourth quarter. Pictet Asset Management Holding SA now owns 13,197 shares of the real estate investment trust's stock worth $915,000 after purchasing an additional 238 shares during the last quarter. Institutional investors own 62.51% of the company's stock.

National Health Investors Trading Down 0.5%

NHI stock traded down $0.36 during mid-day trading on Wednesday, reaching $72.93. The company's stock had a trading volume of 81,950 shares, compared to its average volume of 247,727. National Health Investors, Inc. has a 12 month low of $65.13 and a 12 month high of $86.13. The company has a current ratio of 16.55, a quick ratio of 16.55 and a debt-to-equity ratio of 0.88. The business's 50 day moving average price is $71.16 and its 200 day moving average price is $71.97. The company has a market cap of $3.41 billion, a price-to-earnings ratio of 23.18, a price-to-earnings-growth ratio of 3.65 and a beta of 0.73.

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 earnings per share for the quarter, topping analysts' consensus estimates of $1.13 by $0.02. The business had revenue of $68.87 million for the quarter, compared to the consensus estimate of $85.13 million. National Health Investors had a return on equity of 10.64% and a net margin of 41.15%. The firm's revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.10 EPS. On average, equities research analysts predict that National Health Investors, Inc. will post 4.41 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Wedbush raised National Health Investors to a "strong-buy" rating in a report on Wednesday, July 2nd. KeyCorp raised National Health Investors from a "sector weight" rating to an "overweight" rating and set a $80.00 price objective on the stock in a research note on Thursday, July 10th. Finally, Truist Financial raised shares of National Health Investors from a "hold" rating to a "buy" rating and set a $77.00 target price for the company in a research report on Wednesday, July 2nd. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $84.60.

National Health Investors 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.