Hsbc Holdings PLC Grows Stock Position in National Health Investors, Inc. (NYSE:NHI)

Hsbc Holdings PLC raised its position in National Health Investors, Inc. (NYSE:NHI - Free Report) by 10.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,996 shares of the real estate investment trust's stock after buying an additional 3,514 shares during the quarter. Hsbc Holdings PLC owned approximately 0.08% of National Health Investors worth $2,493,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of NHI. Stifel Financial Corp boosted its stake in National Health Investors by 31.1% during the 4th quarter. Stifel Financial Corp now owns 5,445 shares of the real estate investment trust's stock worth $377,000 after purchasing an additional 1,293 shares during the period. Lasalle Investment Management Securities LLC grew its holdings in shares of National Health Investors by 1.0% during the fourth quarter. Lasalle Investment Management Securities LLC now owns 611,275 shares of the real estate investment trust's stock worth $42,361,000 after buying an additional 6,230 shares during the last quarter. MetLife Investment Management LLC increased its position in National Health Investors by 5.1% in the 4th quarter. MetLife Investment Management LLC now owns 26,497 shares of the real estate investment trust's stock valued at $1,836,000 after acquiring an additional 1,296 shares during the period. Dimensional Fund Advisors LP raised its stake in National Health Investors by 3.4% during 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 last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its position in National Health Investors by 9.5% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 67,322 shares of the real estate investment trust's stock worth $4,665,000 after acquiring an additional 5,820 shares during the period. 62.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NHI has been the topic of a number of recent research reports. Wedbush reissued an "outperform" rating and issued a $88.00 target price on shares of National Health Investors in a report on Monday, March 17th. Truist Financial upped their price objective on shares of National Health Investors from $70.00 to $76.00 and gave the stock 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $85.50.

National Health Investors Stock Performance

Shares of NHI stock traded up $1.17 during trading hours on Tuesday, reaching $77.21. 52,762 shares of the company's stock were exchanged, compared to its average volume of 222,215. The company has a debt-to-equity ratio of 0.92, a current ratio of 10.29 and a quick ratio of 10.29. National Health Investors, Inc. has a 1 year low of $63.91 and a 1 year high of $86.13. The company has a market cap of $3.61 billion, a P/E ratio of 26.64, a price-to-earnings-growth ratio of 4.42 and a beta of 0.78. The company's 50 day moving average is $73.77 and its two-hundred day moving average is $72.72.

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

National Health Investors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 2nd. Shareholders of record on Monday, March 31st were issued a $0.90 dividend. The ex-dividend date was Monday, March 31st. This represents a $3.60 dividend on an annualized basis and a yield of 4.66%. National Health Investors's dividend payout ratio (DPR) is presently 115.38%.

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.