LSV Asset Management Sells 1,800 Shares of National Health Investors, Inc. (NYSE:NHI)

LSV Asset Management decreased its holdings in National Health Investors, Inc. (NYSE:NHI) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 118,900 shares of the real estate investment trust’s stock after selling 1,800 shares during the quarter. LSV Asset Management owned 0.27% of National Health Investors worth $6,641,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NHI. Baystate Wealth Management LLC acquired a new position in National Health Investors during the fourth quarter worth $39,000. Sound Income Strategies LLC lifted its holdings in National Health Investors by 33.5% during the 4th quarter. Sound Income Strategies LLC now owns 916 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 230 shares during the last quarter. EMC Capital Management grew its stake in National Health Investors by 86.5% during the third quarter. EMC Capital Management now owns 3,357 shares of the real estate investment trust’s stock worth $172,000 after buying an additional 1,557 shares during the last quarter. AlphaMark Advisors LLC acquired a new stake in shares of National Health Investors during the third quarter worth approximately $249,000. Finally, Van ECK Associates Corp raised its stake in shares of National Health Investors by 4.3% in the third quarter. Van ECK Associates Corp now owns 4,889 shares of the real estate investment trust’s stock valued at $251,000 after acquiring an additional 202 shares during the last quarter. 62.51% of the stock is owned by institutional investors.

National Health Investors Trading Down 0.0 %

NYSE:NHI opened at $65.64 on Thursday. The firm has a market capitalization of $2.85 billion, a price-to-earnings ratio of 20.97 and a beta of 0.95. National Health Investors, Inc. has a 1-year low of $48.51 and a 1-year high of $66.10. The business’s 50-day moving average price is $60.95 and its two-hundred day moving average price is $56.54. The company has a current ratio of 10.27, a quick ratio of 10.27 and a debt-to-equity ratio of 0.90.

National Health Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 2nd. Investors of record on Friday, June 28th will be issued a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 5.48%. The ex-dividend date is Friday, June 28th. National Health Investors’s dividend payout ratio is currently 115.02%.

Insider Buying and Selling at National Health Investors

In other news, Director Charlotte A. Swafford acquired 10,000 shares of the stock in a transaction that occurred on Tuesday, February 27th. The stock was acquired at an average price of $58.69 per share, for a total transaction of $586,900.00. Following the transaction, the director now directly owns 110,185 shares in the company, valued at $6,466,757.65. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 8.21% of the company’s stock.

Analysts Set New Price Targets

NHI has been the subject of several research analyst reports. BMO Capital Markets upgraded National Health Investors from a “market perform” rating to an “outperform” rating and set a $67.00 price objective for the company in a research report on Tuesday, March 12th. 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. Wedbush boosted their target price on shares of National Health Investors from $64.00 to $66.00 and gave the stock an “outperform” rating in a research note on Monday, March 18th. Truist Financial increased their price target on shares of National Health Investors from $55.00 to $58.00 and gave the company a “hold” rating in a research note on Thursday, April 4th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on National Health Investors in a report on Tuesday, January 30th. They set a “buy” rating and a $69.00 price objective on the stock. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, National Health Investors currently has a consensus rating of “Hold” and a consensus target price of $60.50.

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.