EMC Capital Management Has $196,000 Stock Position in National Health Investors, Inc. (NYSE:NHI)

EMC Capital Management raised its holdings in shares of National Health Investors, Inc. (NYSE:NHI) by 33.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,831 shares of the real estate investment trust’s stock after acquiring an additional 711 shares during the quarter. EMC Capital Management’s holdings in National Health Investors were worth $196,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NHI. Quarry LP acquired a new position in National Health Investors during the third quarter worth $27,000. Covestor Ltd lifted its position in 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 worth $35,000 after buying an additional 405 shares in the last quarter. Point72 DIFC Ltd bought a new position in shares of National Health Investors in the 3rd quarter valued at about $35,000. Loomis Sayles & Co. L P bought a new position in shares of National Health Investors in the 3rd quarter valued at about $38,000. Finally, Assetmark Inc. increased its position 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 acquiring an additional 141 shares during the last quarter. 62.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NHI has been the topic of several recent analyst reports. StockNews.com lowered National Health Investors from a “buy” rating to a “hold” rating in a research report on Tuesday, October 15th. Truist Financial lowered their target price on shares of National Health Investors from $78.00 to $72.00 and set a “hold” rating on the stock in a report on Monday, December 23rd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $76.60.

National Health Investors Stock Performance

NHI opened at $68.17 on Friday. 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 stock has a market cap of $3.10 billion, a price-to-earnings ratio of 23.42, a PEG ratio of 4.27 and a beta of 1.06. National Health Investors, Inc. has a 12-month low of $51.59 and a 12-month high of $86.13. The business has a 50 day moving average of $71.00 and a 200-day moving average of $75.76.

National Health Investors (NYSE:NHI) last announced its quarterly earnings results on Tuesday, November 5th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.42). National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The business had revenue of $63.32 million for the quarter, compared to analyst estimates of $67.93 million. During the same period in the prior year, the business earned $1.08 EPS. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. On average, equities research analysts expect that National Health Investors, Inc. will post 4.41 earnings per share for the current year.

National Health Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Tuesday, December 31st were issued a $0.90 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.60 annualized dividend and a yield of 5.28%. National Health Investors’s dividend payout ratio is currently 123.71%.

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.