Atria Wealth Solutions Inc. Buys 359 Shares of National Health Investors, Inc. (NYSE:NHI)

Atria Wealth Solutions Inc. lifted its stake in National Health Investors, Inc. (NYSE:NHI) by 4.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,200 shares of the real estate investment trust’s stock after buying an additional 359 shares during the period. Atria Wealth Solutions Inc.’s holdings in National Health Investors were worth $458,000 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. Baystate Wealth Management LLC acquired a new stake in shares of National Health Investors during the 4th quarter worth approximately $39,000. Sound Income Strategies LLC lifted its stake in National Health Investors by 33.5% during the fourth quarter. Sound Income Strategies LLC now owns 916 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 230 shares during the period. EMC Capital Management boosted its stake in National Health Investors by 86.5% in the 3rd quarter. EMC Capital Management now owns 3,357 shares of the real estate investment trust’s stock valued at $172,000 after buying an additional 1,557 shares in the last quarter. AlphaMark Advisors LLC acquired a new stake in shares of National Health Investors in the 3rd quarter valued at $249,000. Finally, Van ECK Associates Corp grew its stake in National Health Investors by 4.3% during the third quarter. Van ECK Associates Corp now owns 4,889 shares of the real estate investment trust’s stock worth $251,000 after buying an additional 202 shares during the last quarter. 62.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. StockNews.com lowered National Health Investors from a “buy” rating to a “hold” rating in a research report on Thursday, April 18th. Wells Fargo & Company upgraded shares of National Health Investors from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $55.00 to $63.00 in a research report on Monday, February 26th. Truist Financial boosted their target price on shares of National Health Investors from $55.00 to $58.00 and gave the stock a “hold” rating in a research note on Thursday, April 4th. BMO Capital Markets raised shares of National Health Investors from a “market perform” rating to an “outperform” rating and set a $67.00 price target on the stock in a research note on Tuesday, March 12th. Finally, Wedbush boosted their price objective on shares of National Health Investors from $64.00 to $66.00 and gave the stock an “outperform” rating in a research report on Monday, March 18th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, National Health Investors currently has an average rating of “Hold” and an average target price of $60.50.

National Health Investors Stock Performance

NHI stock opened at $64.25 on Tuesday. The company has a quick ratio of 10.27, a current ratio of 10.27 and a debt-to-equity ratio of 0.90. National Health Investors, Inc. has a twelve month low of $48.51 and a twelve month high of $65.23. The business’s fifty day moving average is $60.55 and its 200-day moving average is $56.25. The company has a market cap of $2.79 billion, a P/E ratio of 20.53 and a beta of 0.95.

National Health Investors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 3rd. Stockholders of record on Thursday, March 28th were given a dividend of $0.90 per share. The ex-dividend date was Wednesday, March 27th. This represents a $3.60 annualized dividend and a dividend yield of 5.60%. National Health Investors’s payout ratio is currently 115.02%.

Insider Activity at National Health Investors

In other National Health Investors news, Director Charlotte A. Swafford purchased 10,000 shares of the stock in a transaction on Tuesday, February 27th. The stock was bought at an average cost of $58.69 per share, for a total transaction of $586,900.00. Following the completion of the acquisition, the director now directly owns 110,185 shares of the company’s stock, valued at $6,466,757.65. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 8.21% of the company’s stock.

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.