Lighthouse Investment Partners LLC Buys 42,500 Shares of National Health Investors, Inc. (NYSE:NHI)

Lighthouse Investment Partners LLC lifted its position in National Health Investors, Inc. (NYSE:NHI - Free Report) by 53.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 122,500 shares of the real estate investment trust's stock after buying an additional 42,500 shares during the quarter. Lighthouse Investment Partners LLC owned about 0.27% of National Health Investors worth $8,489,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in NHI. Loomis Sayles & Co. L P grew its stake in shares of National Health Investors by 42.0% in the 4th quarter. Loomis Sayles & Co. L P now owns 639 shares of the real estate investment trust's stock valued at $44,000 after buying an additional 189 shares in the last quarter. Jones Financial Companies Lllp boosted its position in National Health Investors by 781.2% during the fourth quarter. Jones Financial Companies Lllp now owns 890 shares of the real estate investment trust's stock worth $62,000 after purchasing an additional 789 shares during the period. Venturi Wealth Management LLC bought a new stake in National Health Investors during the fourth quarter worth approximately $63,000. NewEdge Advisors LLC bought a new stake in National Health Investors during the fourth quarter worth approximately $83,000. Finally, KBC Group NV boosted its position in National Health Investors by 61.4% during the fourth quarter. KBC Group NV now owns 2,019 shares of the real estate investment trust's stock worth $140,000 after purchasing an additional 768 shares during the period. Institutional investors own 62.51% of the company's stock.

National Health Investors Stock Performance

Shares of NHI stock traded up $0.54 during trading hours on Friday, reaching $75.16. 289,390 shares of the company's stock were exchanged, compared to its average volume of 226,440. National Health Investors, Inc. has a fifty-two week low of $63.91 and a fifty-two week high of $86.13. The stock has a market capitalization of $3.51 billion, a P/E ratio of 25.83, a P/E/G ratio of 4.42 and a beta of 0.78. The business has a fifty day moving average price of $74.25 and a 200-day moving average price of $72.73. 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 (NYSE:NHI - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $1.15 EPS for the quarter, topping 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 analyst estimates of $85.13 million. During the same period in the previous year, the company earned $1.10 earnings per share. The company's quarterly revenue was up 9.6% compared to the same quarter last year. Analysts predict 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 issued a dividend of $0.90 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.79%. National Health Investors's dividend payout ratio (DPR) is presently 114.29%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on NHI shares. Wedbush reaffirmed 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 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. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, National Health Investors currently has an average rating of "Hold" and a consensus target price 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.