Metis Global Partners LLC Purchases 508 Shares of National Health Investors, Inc. (NYSE:NHI)

Metis Global Partners LLC increased its stake in shares of National Health Investors, Inc. (NYSE:NHI) by 11.4% in the fourth quarter, Holdings Channel reports. The firm owned 4,982 shares of the real estate investment trust’s stock after buying an additional 508 shares during the quarter. Metis Global Partners LLC’s holdings in National Health Investors were worth $345,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Quarry LP acquired a new stake in shares of National Health Investors during the third quarter worth $27,000. Covestor Ltd grew its stake in shares of National Health Investors by 2,700.0% during the third quarter. Covestor Ltd now owns 420 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 405 shares during the period. Point72 DIFC Ltd acquired a new stake in shares of National Health Investors during the third quarter worth $35,000. Loomis Sayles & Co. L P acquired a new stake in shares of National Health Investors during the third quarter worth $38,000. Finally, Assetmark Inc. grew its stake in shares of National Health Investors by 27.8% during the third 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 owned by institutional investors and hedge funds.

National Health Investors Stock Up 0.8 %

NYSE:NHI opened at $73.54 on Thursday. National Health Investors, Inc. has a 1 year low of $57.76 and a 1 year high of $86.13. 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 has a market cap of $3.36 billion, a price-to-earnings ratio of 25.27, a PEG ratio of 4.42 and a beta of 1.08. The stock has a 50-day moving average price of $68.88 and a two-hundred day moving average price of $74.99.

National Health Investors (NYSE:NHI) last posted its earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $85.75 million during the quarter, compared to analysts’ expectations of $81.13 million. As a group, equities analysts expect that National Health Investors, Inc. will post 4.41 earnings per share for the current year.

National Health Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Monday, March 31st will be given 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 dividend yield of 4.90%. National Health Investors’s dividend payout ratio is currently 115.38%.

Analysts Set New Price Targets

Separately, Truist Financial decreased their price objective on 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. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, National Health Investors currently has a consensus rating of “Moderate Buy” and an average price target of $76.60.

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.