KBC Group NV Raises Position in National Health Investors, Inc. (NYSE:NHI)

KBC Group NV lifted its stake in shares of National Health Investors, Inc. (NYSE:NHI) by 61.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,019 shares of the real estate investment trust’s stock after acquiring an additional 768 shares during the quarter. KBC Group NV’s holdings in National Health Investors were worth $140,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Jane Street Group LLC raised its position in National Health Investors by 68.3% in the 3rd quarter. Jane Street Group LLC now owns 60,099 shares of the real estate investment trust’s stock valued at $5,052,000 after purchasing an additional 24,380 shares in the last quarter. Thrivent Financial for Lutherans acquired a new position in shares of National Health Investors during the third quarter worth about $2,426,000. Point72 Asset Management L.P. purchased a new stake in shares of National Health Investors during the third quarter worth approximately $688,000. Charles Schwab Investment Management Inc. raised its holdings in National Health Investors by 17.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 852,377 shares of the real estate investment trust’s stock valued at $71,651,000 after acquiring an additional 123,596 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new stake in National Health Investors in the third quarter valued at approximately $720,000. 62.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on NHI shares. StockNews.com downgraded shares of National Health Investors from a “buy” rating to a “hold” rating in a research note on Tuesday, October 15th. Truist Financial cut their target price on National Health Investors from $78.00 to $72.00 and set a “hold” rating on the stock in a research report on Monday, December 23rd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $76.60.

National Health Investors Stock Up 0.3 %

NHI opened at $68.86 on Friday. National Health Investors, Inc. has a one year low of $51.59 and a one year high of $86.13. The company has a debt-to-equity ratio of 0.92, a quick ratio of 10.29 and a current ratio of 10.29. The stock has a market capitalization of $3.13 billion, a P/E ratio of 23.66, a price-to-earnings-growth ratio of 4.32 and a beta of 1.06. The business’s 50-day simple moving average is $70.13 and its 200-day simple moving average is $75.61.

National Health Investors (NYSE:NHI) last released its quarterly earnings results on Tuesday, November 5th. The real estate investment trust reported $0.65 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.42). The firm had revenue of $63.32 million for the quarter, compared to analyst estimates of $67.93 million. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The company’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period last year, the firm earned $1.08 EPS. Analysts anticipate that National Health Investors, Inc. will post 4.41 EPS for the current year.

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.