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

Guggenheim Capital LLC trimmed its stake in National Health Investors, Inc. (NYSE:NHI) by 5.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 17,152 shares of the real estate investment trust’s stock after selling 895 shares during the period. Guggenheim Capital LLC’s holdings in National Health Investors were worth $1,189,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Victory Capital Management Inc. grew its stake in shares of National Health Investors by 21.8% in the fourth quarter. Victory Capital Management Inc. now owns 29,723 shares of the real estate investment trust’s stock valued at $2,060,000 after buying an additional 5,318 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of National Health Investors by 2.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 876,839 shares of the real estate investment trust’s stock worth $60,765,000 after purchasing an additional 24,462 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in shares of National Health Investors by 9.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 60,130 shares of the real estate investment trust’s stock valued at $4,167,000 after purchasing an additional 5,290 shares during the period. Centersquare Investment Management LLC grew its holdings in shares of National Health Investors by 35.9% in the fourth quarter. Centersquare Investment Management LLC now owns 394,433 shares of the real estate investment trust’s stock valued at $27,334,000 after purchasing an additional 104,186 shares in the last quarter. Finally, AlphaQuest LLC increased its stake in National Health Investors by 252.2% during the 4th quarter. AlphaQuest LLC now owns 9,640 shares of the real estate investment trust’s stock worth $668,000 after buying an additional 6,903 shares during the period. Hedge funds and other institutional investors own 62.51% of the company’s stock.

Analyst Ratings Changes

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

National Health Investors Price Performance

NHI stock opened at $74.54 on Tuesday. The business has a 50 day moving average price of $72.54 and a 200 day moving average price of $72.92. 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 stock has a market cap of $3.48 billion, a price-to-earnings ratio of 25.62, a PEG ratio of 4.42 and a beta of 0.79. National Health Investors, Inc. has a fifty-two week low of $61.20 and a fifty-two week high of $86.13.

National Health Investors (NYSE:NHI) last issued its earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating 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 business had revenue of $85.75 million during the quarter, compared to analysts’ expectations of $81.13 million. Equities research analysts anticipate that National Health Investors, Inc. will post 4.41 earnings per share for the current fiscal year.

National Health Investors Announces Dividend

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 paid a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 4.83%. The ex-dividend date of this dividend is Monday, March 31st. National Health Investors’s dividend payout ratio is currently 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.