National Health Investors, Inc. (NYSE:NHI) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. grew its holdings in shares of National Health Investors, Inc. (NYSE:NHI) by 21.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,723 shares of the real estate investment trust’s stock after purchasing an additional 5,318 shares during the period. Victory Capital Management Inc.’s holdings in National Health Investors were worth $2,060,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Quarry LP acquired a new stake in National Health Investors during the third quarter valued at approximately $27,000. Point72 DIFC Ltd acquired a new stake in shares of National Health Investors during the 3rd quarter valued at $35,000. Loomis Sayles & Co. L P bought a new stake in shares of National Health Investors during the 3rd quarter worth $38,000. Assetmark Inc. boosted its stake in shares of National Health Investors by 27.8% during the 3rd quarter. Assetmark Inc. now owns 648 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 141 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in shares of National Health Investors by 781.2% in the 4th quarter. Jones Financial Companies Lllp now owns 890 shares of the real estate investment trust’s stock worth $62,000 after acquiring an additional 789 shares during the last quarter. Institutional investors and hedge funds own 62.51% of the company’s stock.

National Health Investors Stock Up 0.4 %

NYSE:NHI opened at $75.41 on Tuesday. The business’s fifty day moving average price is $69.74 and its 200 day moving average price is $74.71. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of 25.91, a PEG ratio of 4.42 and a beta of 1.08. 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, Inc. has a 1-year low of $57.80 and a 1-year high of $86.13.

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

National Health Investors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Monday, March 31st will be issued a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 4.77%. The ex-dividend date of this dividend is Monday, March 31st. National Health Investors’s dividend payout ratio is currently 115.38%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on NHI. Wedbush reiterated an “outperform” rating and issued a $88.00 price target on shares of National Health Investors in a research report on Monday. Truist Financial reduced their price objective on shares of National Health Investors from $78.00 to $72.00 and set a “hold” rating for the company in a research note on Monday, December 23rd. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $84.50.

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.