Voloridge Investment Management LLC Purchases Shares of 28,333 National Health Investors, Inc. (NYSE:NHI)

Voloridge Investment Management LLC purchased a new position in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 28,333 shares of the real estate investment trust's stock, valued at approximately $1,963,000. Voloridge Investment Management LLC owned approximately 0.06% of National Health Investors as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in NHI. Vanguard Group Inc. lifted its position in National Health Investors by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 6,423,210 shares of the real estate investment trust's stock valued at $445,128,000 after purchasing an additional 102,012 shares during the period. Principal Financial Group Inc. lifted its position in National Health Investors by 5.3% during the 4th quarter. Principal Financial Group Inc. now owns 1,648,499 shares of the real estate investment trust's stock valued at $114,242,000 after purchasing an additional 82,825 shares during the period. Geode Capital Management LLC lifted its position in National Health Investors by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 1,113,771 shares of the real estate investment trust's stock valued at $77,201,000 after purchasing an additional 19,201 shares during the period. Charles Schwab Investment Management Inc. lifted its position in National Health Investors by 2.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 876,839 shares of the real estate investment trust's stock valued at $60,765,000 after purchasing an additional 24,462 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of National Health Investors by 3.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 634,430 shares of the real estate investment trust's stock valued at $43,966,000 after acquiring an additional 20,631 shares during the period. Institutional investors and hedge funds own 62.51% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Wedbush reiterated an "outperform" rating and issued a $88.00 price target on shares of National Health Investors in a research report on Monday, March 17th. Truist Financial increased 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 report on Wednesday, March 19th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $85.50.

National Health Investors Stock Down 0.5%

NYSE NHI traded down $0.40 during trading hours on Friday, reaching $72.53. 699,330 shares of the company's stock were exchanged, compared to its average volume of 232,392. The company has a market capitalization of $3.39 billion, a price-to-earnings ratio of 24.92, a price-to-earnings-growth ratio of 4.42 and a beta of 0.78. National Health Investors, Inc. has a one year low of $64.00 and a one year high of $86.13. The company's 50-day moving average is $73.97 and its two-hundred day moving average is $72.34. The company has a debt-to-equity ratio of 0.92, a quick ratio of 10.29 and a current ratio of 10.29.

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 for the quarter, topping the consensus estimate of $1.13 by $0.02. The company had revenue of $68.87 million during the quarter, compared to analysts' expectations of $85.13 million. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The business's quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the business earned $1.10 EPS. On average, analysts forecast that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Monday, June 30th will be paid a dividend of $0.90 per share. The ex-dividend date is Monday, June 30th. This represents a $3.60 annualized dividend and a dividend yield of 4.96%. 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.