Tudor Investment Corp ET AL raised its holdings in National Health Investors, Inc. (NYSE:NHI - Free Report) by 1,642.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 74,728 shares of the real estate investment trust's stock after buying an additional 70,440 shares during the period. Tudor Investment Corp ET AL owned 0.16% of National Health Investors worth $5,179,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of National Health Investors by 1.6% in 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 acquiring an additional 102,012 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of National Health Investors by 5.3% during the 4th quarter. Principal Financial Group Inc. now owns 1,648,499 shares of the real estate investment trust's stock worth $114,242,000 after purchasing an additional 82,825 shares during the last quarter. Geode Capital Management LLC increased its position in shares of National Health Investors by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 1,113,771 shares of the real estate investment trust's stock worth $77,201,000 after purchasing an additional 19,201 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of National Health Investors by 2.9% during the 4th 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 in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of National Health Investors by 3.4% in the 4th 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 last quarter. 62.51% of the stock is owned by institutional investors.
Analysts Set New Price Targets
NHI has been the topic of several analyst reports. Truist Financial upped their price target on shares of National Health Investors from $70.00 to $76.00 and gave the stock a "hold" rating in a research report on Wednesday, March 19th. Wedbush reaffirmed an "outperform" rating and issued a $88.00 target price on shares of National Health Investors in a report on Monday, March 17th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $85.50.
View Our Latest Stock Analysis on National Health Investors
National Health Investors Stock Performance
National Health Investors stock traded up $0.38 during mid-day trading on Friday, hitting $75.75. 221,107 shares of the company's stock traded hands, compared to its average volume of 222,552. 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 cap of $3.54 billion, a price-to-earnings ratio of 26.03, a P/E/G ratio of 4.42 and a beta of 0.78. The firm has a 50 day simple moving average of $73.68 and a two-hundred day simple moving average of $72.75. The company has a debt-to-equity ratio of 0.92, a current ratio of 10.29 and a quick ratio of 10.29.
National Health Investors (NYSE:NHI - Get Free Report) last announced its earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $1.10 by $0.03. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The business had revenue of $85.75 million during the quarter, compared to the consensus estimate of $81.13 million. On average, research analysts expect that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.
National Health Investors Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, May 2nd. Stockholders of record on Monday, March 31st were given a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 4.75%. The ex-dividend date was Monday, March 31st. National Health Investors's payout ratio is 115.38%.
About National Health Investors
(
Free Report)
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.
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