National Health Investors, Inc. (NYSE:NHI) Holdings Boosted by Victory Capital Management Inc.

Victory Capital Management Inc. grew its stake in shares of National Health Investors, Inc. (NYSE:NHI) by 21.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,723 shares of the real estate investment trust’s stock after purchasing an additional 5,318 shares during the quarter. Victory Capital Management Inc. owned approximately 0.07% of National Health Investors worth $2,060,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in NHI. Principal Financial Group Inc. boosted its position in National Health Investors by 5.3% during the 4th quarter. Principal Financial Group Inc. now owns 1,648,499 shares of the real estate investment trust’s stock valued at $114,242,000 after purchasing an additional 82,825 shares during the period. Geode Capital Management LLC lifted its stake in National Health Investors by 0.8% in the third quarter. Geode Capital Management LLC now owns 1,094,570 shares of the real estate investment trust’s stock valued at $92,026,000 after buying an additional 8,540 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings 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 valued at $60,765,000 after acquiring an additional 24,462 shares during the period. Bank of New York Mellon Corp grew its position in shares of National Health Investors by 10.7% during the fourth quarter. Bank of New York Mellon Corp now owns 557,420 shares of the real estate investment trust’s stock worth $38,629,000 after acquiring an additional 53,705 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of National Health Investors by 0.5% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 463,403 shares of the real estate investment trust’s stock worth $32,114,000 after acquiring an additional 2,279 shares during the period. 62.51% of the stock is owned by institutional investors.

National Health Investors Stock Performance

NHI stock opened at $75.41 on Tuesday. The company has a 50-day simple moving average of $69.74 and a 200 day simple moving average of $74.71. The company has a market capitalization of $3.45 billion, a P/E ratio of 25.91, a PEG ratio of 4.42 and a beta of 1.08. The company has a quick ratio of 10.29, a current ratio of 10.29 and a debt-to-equity ratio of 0.92. National Health Investors, Inc. has a fifty-two week low of $57.80 and a fifty-two week high of $86.13.

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 analysts’ consensus estimates of $1.10 by $0.03. The company had revenue of $85.75 million during the quarter, compared to analyst estimates of $81.13 million. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. Sell-side analysts predict 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 declared a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Monday, March 31st will be paid a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 4.77%. The ex-dividend date is Monday, March 31st. National Health Investors’s payout ratio is currently 115.38%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on NHI. Truist Financial reduced their target price on shares of National Health Investors from $78.00 to $72.00 and set a “hold” rating for the company in a research note on Monday, December 23rd. Wedbush reiterated an “outperform” rating and set a $88.00 price objective on shares of National Health Investors in a research report on Monday. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus 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.