National Health Investors, Inc. (NYSE:NHI) Shares Acquired by Wells Fargo & Company MN

Wells Fargo & Company MN increased its position in shares of National Health Investors, Inc. (NYSE:NHI) by 8.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,072 shares of the real estate investment trust’s stock after purchasing an additional 5,853 shares during the period. Wells Fargo & Company MN owned 0.17% of National Health Investors worth $5,272,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Loomis Sayles & Co. L P boosted its position in shares of National Health Investors by 42.0% during the 4th quarter. Loomis Sayles & Co. L P now owns 639 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 189 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in National Health Investors by 781.2% during the fourth quarter. Jones Financial Companies Lllp now owns 890 shares of the real estate investment trust’s stock worth $62,000 after purchasing an additional 789 shares during the last quarter. Venturi Wealth Management LLC purchased a new position in National Health Investors in the fourth quarter valued at approximately $63,000. KBC Group NV increased its stake in National Health Investors by 61.4% in the fourth quarter. KBC Group NV now owns 2,019 shares of the real estate investment trust’s stock valued at $140,000 after purchasing an additional 768 shares during the last quarter. Finally, Stock Yards Bank & Trust Co. acquired a new stake in National Health Investors during the third quarter worth approximately $210,000. Hedge funds and other institutional investors own 62.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Truist Financial increased their target price on shares of National Health Investors from $70.00 to $76.00 and gave the company a “hold” rating in a research report on Wednesday, March 19th. Wedbush restated an “outperform” rating and set a $88.00 price target on shares of National Health Investors in a research note on Monday, March 17th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $85.50.

National Health Investors Price Performance

Shares of NYSE NHI opened at $75.44 on Monday. The stock has a fifty day moving average price of $72.36 and a 200 day moving average price of $72.97. National Health Investors, Inc. has a 1-year low of $61.20 and a 1-year high of $86.13. The company has a debt-to-equity ratio of 0.92, a current ratio of 10.29 and a quick ratio of 10.29. The company has a market cap of $3.52 billion, a PE ratio of 25.93, a P/E/G ratio of 4.42 and a beta of 0.79.

National Health Investors (NYSE:NHI) last released its 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. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The company had revenue of $85.75 million during the quarter, compared to analysts’ expectations of $81.13 million. Sell-side analysts forecast that National Health Investors, Inc. will post 4.41 EPS for the current 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 issued a $0.90 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.60 annualized dividend and a dividend yield of 4.77%. National Health Investors’s dividend payout ratio is currently 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.