National Health Investors, Inc. (NYSE:NHI) Shares Sold by Inceptionr LLC

Inceptionr LLC cut its stake in National Health Investors, Inc. (NYSE:NHI) by 61.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,005 shares of the real estate investment trust’s stock after selling 4,792 shares during the period. Inceptionr LLC’s holdings in National Health Investors were worth $208,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Jane Street Group LLC increased its stake in National Health Investors by 68.3% during the third quarter. Jane Street Group LLC now owns 60,099 shares of the real estate investment trust’s stock valued at $5,052,000 after purchasing an additional 24,380 shares during the last quarter. Thrivent Financial for Lutherans bought a new stake in National Health Investors during the third quarter valued at $2,426,000. Point72 Asset Management L.P. bought a new stake in National Health Investors during the third quarter valued at $688,000. Charles Schwab Investment Management Inc. increased its stake in National Health Investors by 17.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 852,377 shares of the real estate investment trust’s stock valued at $71,651,000 after purchasing an additional 123,596 shares during the last quarter. Finally, Intech Investment Management LLC bought a new stake in National Health Investors during the third quarter valued at $720,000. 62.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Truist Financial lowered 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. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $76.60.

National Health Investors Stock Up 1.8 %

National Health Investors stock opened at $74.22 on Tuesday. The company has a 50-day simple moving average of $69.20 and a 200-day simple moving average of $74.91. The firm has a market capitalization of $3.39 billion, a P/E ratio of 25.51, a P/E/G 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. National Health Investors, Inc. has a one year low of $57.80 and a one year high of $86.13.

National Health Investors (NYSE:NHI) last released its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $1.10 by $0.03. The business had revenue of $85.75 million during 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, equities analysts expect that National Health Investors, Inc. will post 4.41 earnings per share for the current year.

National Health Investors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Monday, March 31st will be given a $0.90 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.60 dividend on an annualized basis and a yield of 4.85%. National Health Investors’s dividend payout ratio is presently 115.38%.

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.