Xponance Inc. Purchases 259 Shares of National Health Investors, Inc. (NYSE:NHI)

Xponance Inc. boosted its position in National Health Investors, Inc. (NYSE:NHI) by 9.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,997 shares of the real estate investment trust’s stock after purchasing an additional 259 shares during the quarter. Xponance Inc.’s holdings in National Health Investors were worth $208,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Quarry LP bought a new position in shares of National Health Investors in the third quarter worth $27,000. Point72 DIFC Ltd purchased a new stake in shares of National Health Investors in the 3rd quarter valued at about $35,000. Loomis Sayles & Co. L P purchased a new stake in shares of National Health Investors in the 3rd quarter valued at about $38,000. Jones Financial Companies Lllp boosted its position in shares of National Health Investors by 781.2% during the 4th quarter. Jones Financial Companies Lllp now owns 890 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 789 shares during the last quarter. Finally, Venturi Wealth Management LLC purchased a new position in shares of National Health Investors during the fourth quarter worth about $63,000. 62.51% of the stock is owned by institutional investors.

National Health Investors Stock Up 1.3 %

Shares of NHI opened at $74.74 on Friday. National Health Investors, Inc. has a 1 year low of $57.80 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 stock has a 50 day simple moving average of $70.95 and a two-hundred day simple moving average of $74.35. The firm has a market cap of $3.41 billion, a P/E ratio of 25.68, a P/E/G ratio of 4.42 and a beta of 1.08.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The company had revenue of $85.75 million during the quarter, compared to analysts’ expectations of $81.13 million. On average, analysts forecast that National Health Investors, Inc. will post 4.41 earnings per share for the current fiscal year.

National Health Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.82%. National Health Investors’s dividend payout ratio (DPR) is currently 115.38%.

Wall Street Analysts Forecast Growth

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

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.