MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Grows Position in National Health Investors, Inc. (NYSE:NHI)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) by 2.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 390,116 shares of the real estate investment trust's stock after purchasing an additional 10,399 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.86% of National Health Investors worth $27,035,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in shares of National Health Investors by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 6,423,210 shares of the real estate investment trust's stock valued at $445,128,000 after buying an additional 102,012 shares during the period. Principal Financial Group Inc. increased its position in shares of National Health Investors by 5.3% during the fourth 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 buying an additional 82,825 shares during the period. Geode Capital Management LLC increased its position in shares of National Health Investors by 1.8% during the fourth 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 buying an additional 19,201 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of National Health Investors by 2.9% during the fourth 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 buying an additional 24,462 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of National Health Investors by 3.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 634,430 shares of the real estate investment trust's stock valued at $43,966,000 after buying an additional 20,631 shares during the period. 62.51% of the stock is owned by hedge funds and other institutional investors.

National Health Investors Stock Down 2.0%

NHI stock opened at $73.15 on Thursday. The company has a current ratio of 10.29, a quick ratio of 10.29 and a debt-to-equity ratio of 0.92. The company's 50 day moving average is $74.21 and its 200 day moving average is $72.76. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of 25.14, a price-to-earnings-growth ratio of 4.42 and a beta of 0.78. National Health Investors, Inc. has a 1-year low of $63.91 and a 1-year high of $86.13.

National Health Investors (NYSE:NHI - Get Free Report) last posted its quarterly earnings data 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 for 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%. National Health Investors's revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.10 earnings per share. Sell-side analysts predict that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Monday, June 30th will be given a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 4.92%. The ex-dividend date is Monday, June 30th. National Health Investors's dividend payout ratio (DPR) is 114.29%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on NHI. Truist Financial upped their price target on National Health Investors from $70.00 to $76.00 and gave the company a "hold" rating in a research report on Wednesday, March 19th. Wedbush reiterated an "outperform" rating and set a $88.00 price target on shares of National Health Investors in a research report on Monday, March 17th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $85.50.

About National Health Investors

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.

Want to see what other hedge funds are holding NHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for National Health Investors, Inc. (NYSE:NHI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.