National Health Investors, Inc. (NYSE:NHI) Shares Sold by DGS Capital Management LLC

DGS Capital Management LLC cut its holdings in National Health Investors, Inc. (NYSE:NHI) by 26.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 3,561 shares of the real estate investment trust’s stock after selling 1,277 shares during the period. DGS Capital Management LLC’s holdings in National Health Investors were worth $247,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Quarry LP purchased a new stake in shares of National Health Investors in the third quarter valued at $27,000. Covestor Ltd boosted its stake 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 worth $35,000 after buying an additional 405 shares during the last quarter. Point72 DIFC Ltd purchased a new stake in National Health Investors in the 3rd quarter valued at about $35,000. Loomis Sayles & Co. L P purchased a new stake in National Health Investors in the 3rd quarter valued at about $38,000. Finally, Assetmark Inc. increased its stake 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 valued at $54,000 after acquiring an additional 141 shares during the last quarter. Hedge funds and other institutional investors own 62.51% of the company’s stock.

National Health Investors Price Performance

National Health Investors stock opened at $69.62 on Friday. The firm has a fifty day moving average of $71.68 and a 200-day moving average of $75.85. 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 firm has a market capitalization of $3.16 billion, a P/E ratio of 23.92, a PEG ratio of 4.34 and a beta of 1.06.

National Health Investors (NYSE:NHI) last released its quarterly earnings data on Tuesday, November 5th. The real estate investment trust reported $0.65 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 company had revenue of $63.32 million during the quarter, compared to analysts’ expectations of $67.93 million. During the same period last year, the business earned $1.08 earnings per share. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. As a group, analysts predict that National Health Investors, Inc. will post 4.41 EPS for the current year.

National Health Investors Dividend Announcement

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 paid a dividend of $0.90 per share. The ex-dividend date is Tuesday, December 31st. This represents a $3.60 dividend on an annualized basis and a dividend yield of 5.17%. National Health Investors’s dividend payout ratio is currently 123.71%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on NHI shares. StockNews.com downgraded shares of National Health Investors from a “buy” rating to a “hold” rating in a report on Tuesday, October 15th. Wells Fargo & Company cut shares of National Health Investors from an “overweight” rating to an “equal weight” rating and boosted their price objective for the company from $81.00 to $86.00 in a research note on Tuesday, October 1st. Finally, Truist Financial cut their target price on National Health Investors from $78.00 to $72.00 and set a “hold” rating on the stock in a research report on Monday, December 23rd. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $75.33.

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.