National Health Investors, Inc. (NYSE:NHI) Stake Lessened by Amundi

Amundi cut its stake in National Health Investors, Inc. (NYSE:NHI) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,404 shares of the real estate investment trust’s stock after selling 192 shares during the period. Amundi’s holdings in National Health Investors were worth $1,517,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. 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 National Health Investors during the third quarter valued at approximately $35,000. Loomis Sayles & Co. L P acquired a new stake in National Health Investors during the third quarter valued at approximately $38,000. Assetmark Inc. lifted its stake in National Health Investors by 27.8% during the third quarter. Assetmark Inc. now owns 648 shares of the real estate investment trust’s stock valued at $54,000 after purchasing an additional 141 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in National Health Investors by 781.2% during the fourth quarter. Jones Financial Companies Lllp now owns 890 shares of the real estate investment trust’s stock valued at $62,000 after purchasing an additional 789 shares during the last quarter. 62.51% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on NHI. Truist Financial cut their target price 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. Wedbush reissued an “outperform” rating and set a $88.00 target price on shares of National Health Investors in a research note on Monday. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $84.50.

National Health Investors Stock Up 0.7 %

Shares of NYSE:NHI opened at $76.02 on Wednesday. The company has a market cap of $3.47 billion, a PE ratio of 26.12, a price-to-earnings-growth ratio of 4.42 and a beta of 1.08. The company has a debt-to-equity ratio of 0.92, a quick ratio of 10.29 and a current ratio of 10.29. The firm has a 50 day simple moving average of $69.92 and a 200 day simple moving average of $74.67. National Health Investors, Inc. has a 52 week low of $57.80 and a 52 week high of $86.13.

National Health Investors (NYSE:NHI) last released its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.03. The firm had revenue of $85.75 million for the quarter, compared to analyst estimates of $81.13 million. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. As a group, research analysts expect that National Health Investors, Inc. will post 4.41 earnings per share for the current year.

National Health Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Monday, March 31st will be paid a $0.90 dividend. The ex-dividend date is Monday, March 31st. This represents a $3.60 annualized dividend and a yield of 4.74%. National Health Investors’s dividend payout ratio is presently 115.38%.

National Health Investors Company 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.