National Health Investors, Inc. (NYSE:NHI) Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. boosted its position in shares of National Health Investors, Inc. (NYSE:NHI) by 3.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 14,971 shares of the real estate investment trust’s stock after acquiring an additional 456 shares during the period. Daiwa Securities Group Inc.’s holdings in National Health Investors were worth $1,037,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. grew its position in National Health Investors by 5.3% during the fourth quarter. Principal Financial Group Inc. now owns 1,648,499 shares of the real estate investment trust’s stock valued at $114,242,000 after buying an additional 82,825 shares during the period. Geode Capital Management LLC lifted its holdings in National Health Investors by 0.8% during the third quarter. Geode Capital Management LLC now owns 1,094,570 shares of the real estate investment trust’s stock valued at $92,026,000 after purchasing an additional 8,540 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in National Health Investors by 2.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 876,839 shares of the real estate investment trust’s stock valued at $60,765,000 after purchasing an additional 24,462 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in National Health Investors by 10.7% during the fourth quarter. Bank of New York Mellon Corp now owns 557,420 shares of the real estate investment trust’s stock valued at $38,629,000 after purchasing an additional 53,705 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its holdings in National Health Investors by 0.5% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 463,403 shares of the real estate investment trust’s stock valued at $32,114,000 after purchasing an additional 2,279 shares in the last quarter. Institutional investors and hedge funds own 62.51% of the company’s stock.

National Health Investors Stock Performance

NHI opened at $75.08 on Friday. The company has a quick ratio of 10.29, a current ratio of 10.29 and a debt-to-equity ratio of 0.92. The company has a market cap of $3.43 billion, a price-to-earnings ratio of 25.80, a PEG ratio of 4.42 and a beta of 1.08. National Health Investors, Inc. has a 52-week low of $57.80 and a 52-week high of $86.13. The firm’s fifty day simple moving average is $69.57 and its two-hundred day simple moving average is $74.78.

National Health Investors (NYSE:NHI) last posted its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.03. The firm had revenue of $85.75 million for the quarter, compared to the consensus estimate of $81.13 million. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. Equities 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 firm also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Monday, March 31st will be paid a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 4.79%. The ex-dividend date is Monday, March 31st. National Health Investors’s dividend payout ratio is currently 115.38%.

Wall Street Analysts Forecast Growth

Separately, Truist Financial decreased their price objective on shares of National Health Investors from $78.00 to $72.00 and set a “hold” rating on the stock in a report on Monday, December 23rd. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, National Health Investors currently has a consensus rating of “Hold” and a consensus price target of $79.00.

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.