Vident Advisory LLC Trims Stake in National Health Investors, Inc. (NYSE:NHI)

Vident Advisory LLC decreased its stake in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) by 22.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,490 shares of the real estate investment trust's stock after selling 3,525 shares during the quarter. Vident Advisory LLC's holdings in National Health Investors were worth $866,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Focus Partners Wealth boosted its position 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 worth $337,000 after acquiring an additional 188 shares during the last quarter. Loomis Sayles & Co. L P boosted its position in shares of National Health Investors by 42.0% during the fourth quarter. Loomis Sayles & Co. L P now owns 639 shares of the real estate investment trust's stock worth $44,000 after acquiring an additional 189 shares during the last quarter. State of Alaska Department of Revenue boosted its position in shares of National Health Investors by 1.0% during the fourth quarter. State of Alaska Department of Revenue now owns 20,040 shares of the real estate investment trust's stock worth $1,388,000 after acquiring an additional 196 shares during the last quarter. Pictet Asset Management Holding SA boosted its position in shares of National Health Investors by 1.8% during 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 acquiring an additional 238 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV boosted its position in shares of National Health Investors by 4.0% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 6,479 shares of the real estate investment trust's stock worth $446,000 after acquiring an additional 248 shares during the last quarter. Institutional investors own 62.51% of the company's stock.

Analyst Upgrades and Downgrades

NHI has been the subject of a number of research reports. Wedbush restated an "outperform" rating and set a $88.00 target price on shares of National Health Investors in a research report on Monday, March 17th. Truist Financial upped their price target on shares of National Health Investors from $70.00 to $76.00 and gave the company a "hold" rating in a research note on Wednesday, March 19th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $85.50.

National Health Investors Price Performance

National Health Investors stock traded down $0.18 during mid-day trading on Friday, reaching $72.75. 123,787 shares of the company's stock traded hands, compared to its average volume of 229,234. The company has a market cap of $3.40 billion, a price-to-earnings ratio of 25.00, a PEG ratio of 4.42 and a beta of 0.78. The stock has a 50 day moving average of $74.00 and a two-hundred day moving average of $72.43. The company has a quick ratio of 10.29, a current ratio of 10.29 and a debt-to-equity ratio of 0.92. National Health Investors, Inc. has a 12-month low of $64.00 and a 12-month high of $86.13.

National Health Investors (NYSE:NHI - Get Free Report) last released 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. The company had revenue of $68.87 million for the quarter, compared to the consensus estimate of $85.13 million. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. National Health Investors's revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.10 earnings per share. Equities analysts forecast that National Health Investors, Inc. will post 4.41 earnings per share for the current year.

National Health Investors Dividend Announcement

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. This represents a $3.60 annualized dividend and a dividend yield of 4.95%. The ex-dividend date is Monday, June 30th. National Health Investors's dividend payout ratio is currently 114.29%.

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.