National Health Investors, Inc. (NYSE:NHI) Stock Position Lifted by Land & Buildings Investment Management LLC

Land & Buildings Investment Management LLC boosted its position in National Health Investors, Inc. (NYSE:NHI - Free Report) by 109.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 467,056 shares of the real estate investment trust's stock after acquiring an additional 243,999 shares during the period. National Health Investors accounts for 6.6% of Land & Buildings Investment Management LLC's portfolio, making the stock its 7th largest position. Land & Buildings Investment Management LLC owned 1.03% of National Health Investors worth $32,367,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Victory Capital Management Inc. lifted its holdings in shares of National Health Investors by 21.8% in the fourth quarter. Victory Capital Management Inc. now owns 29,723 shares of the real estate investment trust's stock valued at $2,060,000 after purchasing an additional 5,318 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake 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 worth $60,765,000 after purchasing an additional 24,462 shares during the period. Sterling Capital Management LLC boosted its holdings in National Health Investors by 61.1% in the 4th quarter. Sterling Capital Management LLC now owns 3,099 shares of the real estate investment trust's stock valued at $215,000 after purchasing an additional 1,175 shares during the period. Nomura Asset Management Co. Ltd. grew its holdings in shares of National Health Investors by 9.6% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 60,130 shares of the real estate investment trust's stock worth $4,167,000 after purchasing an additional 5,290 shares in the last quarter. Finally, Centersquare Investment Management LLC increased its stake in National Health Investors by 35.9% in the fourth quarter. Centersquare Investment Management LLC now owns 394,433 shares of the real estate investment trust's stock valued at $27,334,000 after acquiring an additional 104,186 shares during the last quarter. Institutional investors and hedge funds own 62.51% of the company's stock.

National Health Investors Stock Performance

Shares of NYSE:NHI traded up $1.39 during midday trading on Thursday, reaching $74.56. The company had a trading volume of 139,060 shares, compared to its average volume of 225,453. National Health Investors, Inc. has a 52-week low of $63.91 and a 52-week high of $86.13. 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 price is $74.21 and its 200 day moving average price is $72.76. The stock has a market cap of $3.48 billion, a P/E ratio of 25.62, a P/E/G ratio of 4.42 and a beta of 0.78.

National Health Investors (NYSE:NHI - Get Free Report) last posted 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. The firm had revenue of $68.87 million during the quarter, compared to analyst estimates of $85.13 million. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The business's revenue for the quarter was up 9.6% on a year-over-year basis. During the same period last year, the company earned $1.10 earnings per share. As a group, sell-side analysts anticipate that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Monday, June 30th will be paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 4.83%. The ex-dividend date is Monday, June 30th. National Health Investors's dividend payout ratio (DPR) is currently 114.29%.

Analyst Ratings Changes

Several brokerages have recently issued reports on NHI. Wedbush reiterated an "outperform" rating and set a $88.00 price target on shares of National Health Investors in a report on Monday, March 17th. Truist Financial lifted 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 analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, National Health Investors presently has a consensus 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.