National Health Investors, Inc. (NYSE:NHI) Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp grew its holdings in shares of National Health Investors, Inc. (NYSE:NHI) by 781.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 890 shares of the real estate investment trust’s stock after purchasing an additional 789 shares during the period. Jones Financial Companies Lllp’s holdings in National Health Investors were worth $62,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Assetmark Inc. grew 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 worth $54,000 after buying an additional 141 shares during the period. State of Alaska Department of Revenue grew its stake in National Health Investors by 1.0% during the fourth quarter. State of Alaska Department of Revenue now owns 20,040 shares of the real estate investment trust’s stock worth $1,388,000 after buying an additional 196 shares during the period. Aviance Capital Partners LLC grew its stake in National Health Investors by 6.2% during the third quarter. Aviance Capital Partners LLC now owns 3,788 shares of the real estate investment trust’s stock worth $318,000 after buying an additional 221 shares during the period. Tidal Investments LLC grew its stake in National Health Investors by 3.9% during the third quarter. Tidal Investments LLC now owns 6,762 shares of the real estate investment trust’s stock worth $568,000 after buying an additional 254 shares during the period. Finally, Quarry LP purchased a new stake in National Health Investors during the third quarter worth approximately $27,000. 62.51% of the stock is currently owned by hedge funds and other institutional investors.

National Health Investors Price Performance

Shares of NHI stock opened at $75.41 on Tuesday. The company has a market capitalization of $3.45 billion, a PE ratio of 25.91, a price-to-earnings-growth ratio of 4.42 and a beta of 1.08. The firm has a fifty day simple moving average of $69.74 and a 200-day simple moving average of $74.71. 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 twelve month low of $57.80 and a twelve month high of $86.13.

National Health Investors (NYSE:NHI) last posted its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The firm had revenue of $85.75 million for the quarter, compared to the consensus estimate of $81.13 million. Equities research analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Monday, March 31st will be paid a dividend of $0.90 per share. The ex-dividend date is Monday, March 31st. This represents a $3.60 dividend on an annualized basis and a yield of 4.77%. National Health Investors’s dividend payout ratio (DPR) is 115.38%.

Wall Street Analysts Forecast Growth

NHI has been the subject of several research reports. Truist Financial decreased 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. Wedbush restated an “outperform” rating and issued a $88.00 target price on shares of National Health Investors in a research note on Monday. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average 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.