Loomis Sayles & Co. L P Raises Stake in National Health Investors, Inc. (NYSE:NHI)

Loomis Sayles & Co. L P grew its stake in National Health Investors, Inc. (NYSE:NHI) by 42.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 639 shares of the real estate investment trust’s stock after acquiring an additional 189 shares during the quarter. Loomis Sayles & Co. L P’s holdings in National Health Investors were worth $44,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of NHI. Quarry LP acquired a new position in National Health Investors in the third quarter valued at approximately $27,000. Point72 DIFC Ltd acquired a new position in shares of National Health Investors in the 3rd quarter valued at $35,000. Jones Financial Companies Lllp lifted its stake in shares of National Health Investors by 781.2% in the 4th quarter. Jones Financial Companies Lllp now owns 890 shares of the real estate investment trust’s stock valued at $62,000 after purchasing an additional 789 shares during the last quarter. Venturi Wealth Management LLC purchased a new position in shares of National Health Investors during the 4th quarter worth $63,000. Finally, KBC Group NV increased its position in shares of National Health Investors by 61.4% during the 4th quarter. KBC Group NV now owns 2,019 shares of the real estate investment trust’s stock worth $140,000 after purchasing an additional 768 shares during the last quarter. Hedge funds and other institutional investors own 62.51% of the company’s stock.

National Health Investors Stock Performance

NYSE NHI opened at $73.88 on Tuesday. 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 company has a market cap of $3.38 billion, a P/E ratio of 25.39, a P/E/G ratio of 4.42 and a beta of 1.08. The stock has a 50-day moving average of $71.04 and a two-hundred day moving average of $74.16. 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 announced 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. The firm had revenue of $85.75 million during the quarter, compared to analysts’ expectations of $81.13 million. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. As a group, analysts anticipate that National Health Investors, Inc. will post 4.41 EPS for the current year.

National Health Investors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Monday, March 31st will be issued a $0.90 dividend. The ex-dividend date is Monday, March 31st. This represents a $3.60 dividend on an annualized basis and a yield of 4.87%. National Health Investors’s dividend payout ratio (DPR) is presently 115.38%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Wedbush reaffirmed an “outperform” rating and set a $88.00 target price on shares of National Health Investors in a research note on Monday, March 17th. Truist Financial increased their price objective on shares of National Health Investors from $70.00 to $76.00 and gave the stock a “hold” rating in a research report on Wednesday, March 19th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $85.50.

National Health Investors Company 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.