National Health Investors, Inc. (NYSE:NHI) Shares Purchased by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P boosted its position in shares of National Health Investors, Inc. (NYSE:NHI) by 42.0% in the 4th quarter, HoldingsChannel reports. The fund owned 639 shares of the real estate investment trust’s stock after acquiring an additional 189 shares during the period. Loomis Sayles & Co. L P’s holdings in National Health Investors were worth $44,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. State of Alaska Department of Revenue increased its stake in National Health Investors by 1.0% in the fourth quarter. State of Alaska Department of Revenue now owns 20,040 shares of the real estate investment trust’s stock valued at $1,388,000 after purchasing an additional 196 shares during the last quarter. Tidal Investments LLC grew its position in shares of National Health Investors by 3.9% in the 3rd quarter. Tidal Investments LLC now owns 6,762 shares of the real estate investment trust’s stock valued at $568,000 after buying an additional 254 shares during the last quarter. Xponance Inc. raised its stake in National Health Investors by 9.5% during the 4th quarter. Xponance Inc. now owns 2,997 shares of the real estate investment trust’s stock worth $208,000 after acquiring an additional 259 shares in the last quarter. Quarry LP purchased a new stake in National Health Investors in the third quarter valued at $27,000. Finally, Point72 DIFC Ltd acquired a new position in National Health Investors in the third quarter valued at $35,000. 62.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently weighed in on NHI shares. Truist Financial boosted their target price on National Health Investors from $70.00 to $76.00 and gave the company a “hold” rating in a report on Wednesday, March 19th. Wedbush reissued an “outperform” rating and issued a $88.00 price objective on shares of National Health Investors in a 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’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $85.50.

National Health Investors Stock Performance

NYSE NHI opened at $73.88 on Tuesday. The business’s 50-day moving average price is $71.04 and its 200 day moving average price is $74.16. 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 firm has a market cap of $3.38 billion, a P/E ratio of 25.39, a P/E/G 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.

National Health Investors (NYSE:NHI) last released its earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $81.13 million. On average, equities 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 company also recently announced 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 4.87%. The ex-dividend date of this dividend is Monday, March 31st. National Health Investors’s dividend payout ratio (DPR) is presently 115.38%.

About National Health Investors

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.