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

AlphaQuest LLC grew its position in National Health Investors, Inc. (NYSE:NHI) by 252.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,640 shares of the real estate investment trust’s stock after buying an additional 6,903 shares during the period. AlphaQuest LLC’s holdings in National Health Investors were worth $668,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Quarry LP bought a new position in National Health Investors during the third quarter worth about $27,000. Covestor Ltd lifted its holdings in shares of National Health Investors by 2,700.0% during the 3rd quarter. Covestor Ltd now owns 420 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 405 shares in the last quarter. Point72 DIFC Ltd acquired a new position in shares of National Health Investors in the 3rd quarter valued at approximately $35,000. Loomis Sayles & Co. L P bought a new stake in National Health Investors during the 3rd quarter worth approximately $38,000. Finally, Assetmark Inc. raised its holdings in National Health Investors by 27.8% during the 3rd quarter. Assetmark Inc. now owns 648 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 141 shares during the period. Institutional investors own 62.51% of the company’s stock.

Analyst Ratings Changes

Separately, Truist Financial reduced their price target on shares of National Health Investors from $78.00 to $72.00 and set a “hold” rating for the company in a report on Monday, December 23rd. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $76.60.

National Health Investors Stock Down 1.0 %

NYSE:NHI opened at $73.44 on Wednesday. The stock has a 50-day simple moving average of $69.28 and a 200 day simple moving average of $74.88. National Health Investors, Inc. has a 52-week low of $57.80 and a 52-week high of $86.13. The company has a market cap of $3.36 billion, a PE ratio of 25.24, a PEG 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 (NYSE:NHI) last issued its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.03. The company had revenue of $85.75 million during the quarter, compared to analysts’ expectations of $81.13 million. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. On average, sell-side analysts expect that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Monday, March 31st will be given a dividend of $0.90 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.60 annualized dividend and a yield of 4.90%. National Health Investors’s dividend payout ratio (DPR) is presently 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.