Jones Financial Companies Lllp Grows Stock Holdings in National Health Investors, Inc. (NYSE:NHI)

Jones Financial Companies Lllp increased its stake in shares of National Health Investors, Inc. (NYSE:NHI) by 781.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 890 shares of the real estate investment trust’s stock after buying an additional 789 shares during the period. Jones Financial Companies Lllp’s holdings in National Health Investors were worth $62,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Assetmark Inc. lifted its holdings in shares of National Health Investors by 27.8% in the third quarter. Assetmark Inc. now owns 648 shares of the real estate investment trust’s stock valued at $54,000 after purchasing an additional 141 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of National Health Investors by 3.1% in the third quarter. Victory Capital Management Inc. now owns 24,405 shares of the real estate investment trust’s stock valued at $2,051,000 after purchasing an additional 739 shares in the last quarter. Metis Global Partners LLC lifted its holdings in shares of National Health Investors by 31.2% in the third quarter. Metis Global Partners LLC now owns 4,474 shares of the real estate investment trust’s stock valued at $376,000 after purchasing an additional 1,065 shares in the last quarter. Thrivent Financial for Lutherans purchased a new stake in shares of National Health Investors in the third quarter valued at about $2,426,000. Finally, Quest Partners LLC purchased a new stake in shares of National Health Investors in the third quarter valued at about $230,000. Hedge funds and other institutional investors own 62.51% of the company’s stock.

National Health Investors Stock Performance

NYSE:NHI opened at $75.41 on Tuesday. The firm has a 50 day simple moving average of $69.74 and a 200-day simple moving average of $74.71. 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 firm has a market cap of $3.45 billion, a PE ratio of 25.91, a P/E/G ratio of 4.42 and a beta of 1.08. National Health Investors, Inc. has a 1-year low of $57.80 and a 1-year high of $86.13.

National Health Investors (NYSE:NHI) last posted its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $81.13 million. On average, equities analysts expect that National Health Investors, Inc. will post 4.41 EPS for the current year.

National Health Investors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Monday, March 31st will be given a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 4.77%. The ex-dividend date is Monday, March 31st. National Health Investors’s dividend payout ratio (DPR) is 115.38%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Wedbush reaffirmed an “outperform” rating and issued a $88.00 price target on shares of National Health Investors in a report on Monday. Truist Financial cut their price objective on shares of National Health Investors from $78.00 to $72.00 and set a “hold” rating for the company in a research report on Monday, December 23rd. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, National Health Investors currently has an average rating of “Hold” and an average target price of $84.50.

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.