AlphaQuest LLC Has $668,000 Stock Position in National Health Investors, Inc. (NYSE:NHI)

AlphaQuest LLC lifted its position in National Health Investors, Inc. (NYSE:NHI) by 252.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,640 shares of the real estate investment trust’s stock after buying an additional 6,903 shares during the quarter. AlphaQuest LLC’s holdings in National Health Investors were worth $668,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in NHI. Principal Financial Group Inc. lifted its stake in National Health Investors by 5.3% in 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 acquiring an additional 82,825 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of National Health Investors by 0.8% in the 3rd 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 during the period. Charles Schwab Investment Management Inc. lifted its stake in National Health Investors by 2.9% in the 4th 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 during the last quarter. Bank of New York Mellon Corp grew 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 worth $38,629,000 after purchasing an additional 53,705 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. increased its position 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 worth $32,114,000 after buying an additional 2,279 shares during the last quarter. 62.51% of the stock is currently owned by institutional investors and hedge funds.

National Health Investors Stock Performance

NYSE NHI opened at $73.44 on Wednesday. National Health Investors, Inc. has a 52-week low of $57.80 and a 52-week high of $86.13. The stock has a market cap of $3.36 billion, a PE ratio of 25.24, a P/E/G ratio of 4.42 and a beta of 1.08. The firm has a 50-day moving average of $69.28 and a 200-day moving average of $74.88. 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 (NYSE:NHI) last issued its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping 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 company had revenue of $85.75 million during the quarter, compared to analysts’ expectations of $81.13 million. On average, sell-side analysts anticipate that National Health Investors, Inc. will post 4.41 EPS for the current year.

National Health Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Monday, March 31st will be issued a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 4.90%. The ex-dividend date of this dividend is Monday, March 31st. National Health Investors’s dividend payout ratio is 115.38%.

Wall Street Analysts Forecast Growth

Separately, Truist Financial cut their price objective on National Health Investors from $78.00 to $72.00 and set a “hold” rating for the company in a research report 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. According to data from MarketBeat.com, National Health Investors presently has a consensus rating of “Moderate Buy” and a consensus target price of $76.60.

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.