Pensionfund DSM Netherlands Lowers Holdings in National Health Investors, Inc. (NYSE:NHI)

Pensionfund DSM Netherlands decreased its position in shares of National Health Investors, Inc. (NYSE:NHI) by 60.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,000 shares of the real estate investment trust’s stock after selling 12,000 shares during the quarter. Pensionfund DSM Netherlands’ holdings in National Health Investors were worth $554,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Quarry LP purchased a new stake in National Health Investors in the third quarter worth about $27,000. Covestor Ltd lifted its position in shares of National Health Investors by 2,700.0% in the 3rd quarter. Covestor Ltd now owns 420 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 405 shares during the period. Point72 DIFC Ltd bought a new position in shares of National Health Investors during the third quarter valued at approximately $35,000. Loomis Sayles & Co. L P purchased a new position in National Health Investors during the third quarter valued at approximately $38,000. Finally, Assetmark Inc. increased its holdings 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 buying an additional 141 shares during the period. Hedge funds and other institutional investors own 62.51% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. StockNews.com lowered National Health Investors from a “buy” rating to a “hold” rating in a research report on Tuesday, October 15th. Bank of America assumed coverage on shares of National Health Investors in a research report on Tuesday, September 24th. They set a “buy” rating and a $92.00 price target for the company. Wells Fargo & Company downgraded shares of National Health Investors from an “overweight” rating to an “equal weight” rating and lifted their price objective for the stock from $81.00 to $86.00 in a research report on Tuesday, October 1st. Finally, Truist Financial decreased their price target on 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 research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $75.33.

National Health Investors Stock Performance

NHI traded down $0.90 during trading on Monday, reaching $68.30. 14,026 shares of the company’s stock were exchanged, compared to its average volume of 197,478. The company’s fifty day simple moving average is $74.60 and its 200-day simple moving average is $75.87. The stock has a market capitalization of $3.10 billion, a P/E ratio of 23.47, a price-to-earnings-growth ratio of 4.86 and a beta of 1.06. 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, Inc. has a 1 year low of $51.59 and a 1 year high of $86.13.

National Health Investors (NYSE:NHI) last announced its quarterly earnings results on Tuesday, November 5th. The real estate investment trust reported $0.65 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.42). National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The company had revenue of $63.32 million for the quarter, compared to analyst estimates of $67.93 million. During the same period in the prior year, the business posted $1.08 earnings per share. National Health Investors’s revenue for the quarter was up 1.7% on a year-over-year basis. As a group, research analysts predict that National Health Investors, Inc. will post 4.42 earnings per share for the current fiscal year.

National Health Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Tuesday, December 31st will be issued a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 5.27%. The ex-dividend date is Tuesday, December 31st. National Health Investors’s payout ratio is presently 123.71%.

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.