Schroder Investment Management Group Raises Stock Position in National Health Investors, Inc. (NYSE:NHI)

Schroder Investment Management Group increased its holdings in shares of National Health Investors, Inc. (NYSE:NHI) by 10.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,267 shares of the real estate investment trust’s stock after purchasing an additional 2,133 shares during the period. Schroder Investment Management Group’s holdings in National Health Investors were worth $1,515,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Quarry LP purchased a new stake in shares of National Health Investors in the third quarter worth about $27,000. Point72 DIFC Ltd purchased a new position in National Health Investors in the 3rd quarter worth approximately $35,000. Loomis Sayles & Co. L P grew its position in National Health Investors by 42.0% in the fourth quarter. Loomis Sayles & Co. L P now owns 639 shares of the real estate investment trust’s stock valued at $44,000 after acquiring an additional 189 shares in the last quarter. Jones Financial Companies Lllp grew its position in National Health Investors by 781.2% in the fourth quarter. Jones Financial Companies Lllp now owns 890 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 789 shares in the last quarter. Finally, Venturi Wealth Management LLC purchased a new stake in shares of National Health Investors during the fourth quarter valued at approximately $63,000. 62.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on NHI shares. Truist Financial raised their price target on shares of National Health Investors from $70.00 to $76.00 and gave the company a “hold” rating in a report on Wednesday, March 19th. Wedbush reaffirmed an “outperform” rating and set a $88.00 target price on shares of National Health Investors in a research report on Monday, March 17th. Three equities 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, the stock has a consensus rating of “Hold” and an average price target of $85.50.

National Health Investors Price Performance

Shares of NHI stock opened at $71.44 on Monday. The firm has a fifty day moving average of $71.36 and a two-hundred day moving average of $73.83. The firm has a market cap of $3.26 billion, a P/E ratio of 24.55, a P/E/G ratio of 4.42 and a beta of 0.79. National Health Investors, Inc. has a 1-year low of $57.80 and a 1-year high of $86.13. 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) last posted its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The business had revenue of $85.75 million during the quarter, compared to the consensus estimate of $81.13 million. As a group, research analysts anticipate that National Health Investors, Inc. will post 4.41 earnings per share for the current fiscal year.

National Health Investors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Monday, March 31st will be given a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 5.04%. The ex-dividend date of this dividend is Monday, March 31st. National Health Investors’s dividend payout ratio is currently 115.38%.

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.