Russell Investments Group Ltd. Has $713,000 Stock Holdings in National Health Investors, Inc. (NYSE:NHI)

Russell Investments Group Ltd. lessened its holdings in National Health Investors, Inc. (NYSE:NHI - Free Report) by 85.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,287 shares of the real estate investment trust's stock after selling 59,142 shares during the period. Russell Investments Group Ltd.'s holdings in National Health Investors were worth $713,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Loomis Sayles & Co. L P raised its stake in 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 acquiring an additional 189 shares during the period. Jones Financial Companies Lllp increased its position in National Health Investors by 781.2% during the 4th quarter. Jones Financial Companies Lllp now owns 890 shares of the real estate investment trust's stock worth $62,000 after buying an additional 789 shares during the period. Venturi Wealth Management LLC bought a new position in National Health Investors during the 4th quarter worth $63,000. KBC Group NV increased its position in National Health Investors by 61.4% during the 4th quarter. KBC Group NV now owns 2,019 shares of the real estate investment trust's stock worth $140,000 after buying an additional 768 shares during the period. Finally, EMC Capital Management increased its position in National Health Investors by 33.5% during the 4th quarter. EMC Capital Management now owns 2,831 shares of the real estate investment trust's stock worth $196,000 after buying an additional 711 shares during the period. Institutional investors own 62.51% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on NHI. Wedbush reissued an "outperform" rating and set a $88.00 target price on shares of National Health Investors in a report on Monday, March 17th. Truist Financial increased their target price on National Health Investors from $70.00 to $76.00 and gave the stock a "hold" rating in a 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $85.50.

National Health Investors Price Performance

NYSE:NHI traded down $0.03 during trading hours on Monday, hitting $75.13. The company's stock had a trading volume of 220,388 shares, compared to its average volume of 221,353. The company has a debt-to-equity ratio of 0.92, a current ratio of 10.29 and a quick ratio of 10.29. The company has a market capitalization of $3.51 billion, a P/E ratio of 25.82, a PEG ratio of 4.42 and a beta of 0.79. National Health Investors, Inc. has a twelve month low of $62.61 and a twelve month high of $86.13. The stock has a fifty day simple moving average of $73.26 and a 200-day simple moving average of $72.77.

National Health Investors (NYSE:NHI - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.03. The company had revenue of $85.75 million for the quarter, compared to analyst estimates of $81.13 million. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. On average, analysts anticipate that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Monday, March 31st will be given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 4.79%. The ex-dividend date of this dividend is Monday, March 31st. National Health Investors's dividend payout ratio is 115.38%.

National Health Investors 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.