2,991 Shares in National Health Investors, Inc. (NYSE:NHI) Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new position in shares of National Health Investors, Inc. (NYSE:NHI) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,991 shares of the real estate investment trust’s stock, valued at approximately $251,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Strategic Financial Concepts LLC acquired a new position in National Health Investors in the 2nd quarter valued at about $28,000. Covestor Ltd boosted its holdings in National Health Investors by 2,700.0% in 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 during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of National Health Investors in the 2nd quarter valued at approximately $36,000. Blue Trust Inc. boosted its position in shares of National Health Investors by 2,651.9% during the 2nd quarter. Blue Trust Inc. now owns 743 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 716 shares during the period. Finally, Assetmark Inc. boosted its position in shares of 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 purchasing an additional 141 shares during the period. 62.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Bank of America assumed coverage on shares of National Health Investors in a research report on Tuesday, September 24th. They set a “buy” rating and a $92.00 price objective for the company. Truist Financial increased their price objective on shares of National Health Investors from $65.00 to $78.00 and gave the stock a “hold” rating in a research report on Friday, August 30th. StockNews.com cut shares of National Health Investors from a “buy” rating to a “hold” rating in a research report on Tuesday, October 15th. Finally, Wells Fargo & Company cut shares of National Health Investors from an “overweight” rating to an “equal weight” rating and increased their price objective for the stock from $81.00 to $86.00 in a research report on Tuesday, October 1st. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, National Health Investors presently has a consensus rating of “Moderate Buy” and an average target price of $73.29.

National Health Investors Price Performance

National Health Investors stock opened at $77.00 on Tuesday. The firm has a market cap of $3.50 billion, a PE ratio of 26.46, a price-to-earnings-growth ratio of 5.19 and a beta of 1.05. National Health Investors, Inc. has a 52-week low of $51.59 and a 52-week high of $86.13. 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 company’s 50 day moving average is $79.32 and its two-hundred day moving average is $74.57.

National Health Investors (NYSE:NHI) last released its earnings results on Tuesday, November 5th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.42). National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The business had revenue of $63.32 million for the quarter, compared to analyst estimates of $67.93 million. During the same quarter last year, the company earned $1.08 earnings per share. National Health Investors’s quarterly revenue was up 1.7% compared to the same quarter last year. On average, research analysts expect that National Health Investors, Inc. will post 4.42 EPS for the current fiscal year.

National Health Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 29th. Stockholders of record on Tuesday, December 31st will be issued a $0.90 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.68%. National Health Investors’s payout ratio is 123.71%.

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.