National Health Investors, Inc. (NYSE:NHI) Shares Purchased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of National Health Investors, Inc. (NYSE:NHI) by 86.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,536 shares of the real estate investment trust’s stock after buying an additional 6,270 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in National Health Investors were worth $938,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Principal Financial Group Inc. increased 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 worth $114,242,000 after purchasing an additional 82,825 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of National Health Investors by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 1,094,570 shares of the real estate investment trust’s stock worth $92,026,000 after purchasing an additional 8,540 shares during the last quarter. Charles Schwab Investment Management Inc. grew 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 worth $60,765,000 after buying an additional 24,462 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of National Health Investors by 10.7% in the fourth quarter. Bank of New York Mellon Corp now owns 557,420 shares of the real estate investment trust’s stock valued at $38,629,000 after buying an additional 53,705 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of National Health Investors by 0.5% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 463,403 shares of the real estate investment trust’s stock valued at $32,114,000 after buying an additional 2,279 shares during the period. 62.51% of the stock is owned by institutional investors and hedge funds.

National Health Investors Trading Up 0.3 %

Shares of NHI opened at $74.03 on Thursday. National Health Investors, Inc. has a twelve month low of $57.80 and a twelve month high of $86.13. The firm has a market capitalization of $3.38 billion, a P/E ratio of 25.44, a price-to-earnings-growth ratio of 4.42 and a beta of 1.08. The company has a current ratio of 10.29, a quick ratio of 10.29 and a debt-to-equity ratio of 0.92. The stock’s fifty day simple moving average is $70.76 and its 200 day simple moving average is $74.41.

National Health Investors (NYSE:NHI) last released its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The company had revenue of $85.75 million for the quarter, compared to the consensus estimate of $81.13 million. On average, equities research analysts forecast that National Health Investors, Inc. will post 4.41 earnings per share for the current year.

National Health Investors Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.60 annualized dividend and a yield of 4.86%. National Health Investors’s dividend payout ratio is currently 115.38%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Truist Financial lifted their target price on shares of National Health Investors from $70.00 to $76.00 and gave the stock a “hold” rating in a research note on Wednesday, March 19th. Wedbush reiterated an “outperform” rating and issued a $88.00 target price on shares of National Health Investors in a research note on Monday, March 17th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $85.50.

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.