American Century Companies Inc. Purchases 703 Shares of National Health Investors, Inc. $NHI

American Century Companies Inc. grew its position in National Health Investors, Inc. (NYSE:NHI) by 3.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,816 shares of the real estate investment trust’s stock after acquiring an additional 703 shares during the quarter. American Century Companies Inc.’s holdings in National Health Investors were worth $1,390,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in NHI. Stifel Financial Corp increased its stake in National Health Investors by 31.1% in the 4th quarter. Stifel Financial Corp now owns 5,445 shares of the real estate investment trust’s stock worth $377,000 after acquiring an additional 1,293 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in National Health Investors by 12.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 32,039 shares of the real estate investment trust’s stock worth $2,221,000 after acquiring an additional 3,520 shares during the last quarter. Northern Trust Corp increased its stake in National Health Investors by 19.9% in the 4th quarter. Northern Trust Corp now owns 613,791 shares of the real estate investment trust’s stock worth $42,536,000 after acquiring an additional 101,808 shares during the last quarter. Ameriprise Financial Inc. increased its stake in National Health Investors by 34.8% in the 4th quarter. Ameriprise Financial Inc. now owns 30,598 shares of the real estate investment trust’s stock worth $2,121,000 after acquiring an additional 7,894 shares during the last quarter. Finally, Balyasny Asset Management L.P. bought a new stake in National Health Investors in the 4th quarter worth approximately $23,917,000. Institutional investors own 62.51% of the company’s stock.

Analyst Ratings Changes

NHI has been the topic of several analyst reports. Wells Fargo & Company boosted their target price on National Health Investors from $76.00 to $80.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 27th. Wedbush upgraded shares of National Health Investors to a “strong-buy” rating in a research report on Wednesday, July 2nd. KeyCorp upgraded shares of National Health Investors from a “sector weight” rating to an “overweight” rating and set a $80.00 price objective on the stock in a research report on Thursday, July 10th. Finally, Truist Financial boosted their price objective on shares of National Health Investors from $77.00 to $81.00 and gave the company a “buy” rating in a research report on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $84.20.

National Health Investors Price Performance

NHI opened at $77.34 on Wednesday. The business has a fifty day moving average of $72.96 and a 200 day moving average of $73.04. National Health Investors, Inc. has a 52-week low of $65.13 and a 52-week high of $86.13. The company has a quick ratio of 10.91, a current ratio of 10.91 and a debt-to-equity ratio of 0.75. The stock has a market cap of $3.67 billion, a P/E ratio of 24.71, a PEG ratio of 3.36 and a beta of 0.76.

National Health Investors (NYSE:NHI) last issued its earnings results on Wednesday, August 6th. The real estate investment trust reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.06. National Health Investors had a return on equity of 10.32% and a net margin of 40.97%.The business had revenue of $70.27 million during the quarter, compared to analysts’ expectations of $86.46 million. During the same period in the prior year, the business earned $1.18 EPS. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that National Health Investors, Inc. will post 4.41 EPS for the current year.

National Health Investors Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be issued a $0.92 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $3.68 annualized dividend and a dividend yield of 4.8%. This is a positive change from National Health Investors’s previous quarterly dividend of $0.90. National Health Investors’s dividend payout ratio (DPR) is currently 115.02%.

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.