Nepsis Inc. Buys 39,913 Shares of National Health Investors, Inc. (NYSE:NHI)

Nepsis Inc. grew its stake in National Health Investors, Inc. (NYSE:NHI) by 58.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 107,721 shares of the real estate investment trust’s stock after buying an additional 39,913 shares during the quarter. National Health Investors makes up 1.1% of Nepsis Inc.’s portfolio, making the stock its 20th biggest holding. Nepsis Inc. owned 0.24% of National Health Investors worth $7,465,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. raised its holdings in National Health Investors by 27.8% during 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 period. Aviance Capital Partners LLC raised its stake in National Health Investors by 6.2% during the 3rd quarter. Aviance Capital Partners LLC now owns 3,788 shares of the real estate investment trust’s stock valued at $318,000 after purchasing an additional 221 shares during the period. Tidal Investments LLC boosted its stake in National Health Investors by 3.9% in the 3rd quarter. Tidal Investments LLC now owns 6,762 shares of the real estate investment trust’s stock worth $568,000 after purchasing an additional 254 shares during the period. Quarry LP purchased a new stake in National Health Investors during the 3rd quarter valued at approximately $27,000. Finally, Covestor Ltd raised its position 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 valued at $35,000 after buying an additional 405 shares during the last quarter. Institutional investors own 62.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on NHI shares. Truist Financial cut their target price on shares of 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. Wells Fargo & Company cut National Health Investors from an “overweight” rating to an “equal weight” rating and lifted their target price for the stock from $81.00 to $86.00 in a report on Tuesday, October 1st. Finally, StockNews.com downgraded National Health Investors from a “buy” rating to a “hold” rating in a research report on Tuesday, October 15th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, National Health Investors has a consensus rating of “Moderate Buy” and an average price target of $75.33.

National Health Investors Trading Up 0.9 %

Shares of NYSE NHI opened at $69.62 on Friday. National Health Investors, Inc. has a 1-year low of $51.59 and a 1-year high of $86.13. 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 business’s 50 day moving average is $71.68 and its two-hundred day moving average is $75.81. The stock 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 results on Tuesday, November 5th. The real estate investment trust reported $0.65 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.42). The company had revenue of $63.32 million for the quarter, compared to analysts’ expectations of $67.93 million. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The business’s quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.08 EPS. As a group, research analysts expect 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. Investors of record on Tuesday, December 31st will be given a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 5.17%. The ex-dividend date is Tuesday, December 31st. National Health Investors’s dividend payout ratio (DPR) 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.