Susquehanna Fundamental Investments LLC Takes $859,000 Position in National Health Investors, Inc. (NYSE:NHI)

Susquehanna Fundamental Investments LLC bought a new stake in National Health Investors, Inc. (NYSE:NHI - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,390 shares of the real estate investment trust's stock, valued at approximately $859,000.

Several other large investors have also recently bought and sold shares of the company. Victory Capital Management Inc. grew its holdings in shares of National Health Investors by 21.8% in the 4th quarter. Victory Capital Management Inc. now owns 29,723 shares of the real estate investment trust's stock valued at $2,060,000 after buying an additional 5,318 shares during the period. Charles Schwab Investment Management Inc. grew its stake in National Health Investors by 2.9% in 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 acquiring an additional 24,462 shares during the period. Sterling Capital Management LLC increased its holdings in shares of National Health Investors by 61.1% in the fourth quarter. Sterling Capital Management LLC now owns 3,099 shares of the real estate investment trust's stock worth $215,000 after acquiring an additional 1,175 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its position in shares of National Health Investors by 9.6% during the fourth 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 during the period. Finally, Centersquare Investment Management LLC grew its position in shares of National Health Investors by 35.9% in the 4th quarter. Centersquare Investment Management LLC now owns 394,433 shares of the real estate investment trust's stock valued at $27,334,000 after purchasing an additional 104,186 shares during the period. Institutional investors own 62.51% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Wedbush restated 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 upped their target price on shares of National Health Investors from $70.00 to $76.00 and gave the stock a "hold" rating in a research note on Wednesday, March 19th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $85.50.

National Health Investors Stock Up 0.6 %

Shares of NYSE NHI traded up $0.48 during midday trading on Tuesday, reaching $76.52. The company's stock had a trading volume of 618,568 shares, compared to its average volume of 224,440. 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 50 day simple moving average of $73.77 and a 200-day simple moving average of $72.72. The stock has a market capitalization of $3.57 billion, a price-to-earnings ratio of 26.30, a PEG ratio of 4.42 and a beta of 0.78. The company has a current ratio of 10.29, a quick ratio of 10.29 and a debt-to-equity ratio of 0.92.

National Health Investors (NYSE:NHI - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $1.15 earnings per share for the quarter, beating the consensus estimate 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 analysts' expectations of $85.13 million. During the same quarter last year, the company earned $1.10 EPS. National Health Investors's revenue for the quarter was up 9.6% compared to the same quarter last year. Equities research analysts predict that National Health Investors, Inc. will post 4.41 earnings per share for the current year.

National Health Investors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Monday, June 30th will be issued a dividend of $0.90 per share. The ex-dividend date is Monday, June 30th. This represents a $3.60 dividend on an annualized basis and a yield of 4.70%. National Health Investors's payout ratio is 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.