Nepsis Inc. Boosts Position in National Health Investors, Inc. (NYSE:NHI)

Nepsis Inc. raised its stake in National Health Investors, Inc. (NYSE:NHI) by 58.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 107,721 shares of the real estate investment trust’s stock after buying an additional 39,913 shares during the period. National Health Investors comprises 1.1% of Nepsis Inc.’s holdings, making the stock its 20th biggest holding. Nepsis Inc.’s holdings in National Health Investors were worth $7,465,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Quarry LP purchased a new stake in National Health Investors in the third quarter worth about $27,000. Covestor Ltd lifted its position in shares of 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 purchasing an additional 405 shares during the period. Point72 DIFC Ltd bought a new position in shares of National Health Investors during the third quarter valued at approximately $35,000. Loomis Sayles & Co. L P bought a new position in shares of National Health Investors during the third quarter valued at approximately $38,000. Finally, Assetmark Inc. raised its stake in National Health Investors by 27.8% in the third quarter. Assetmark Inc. now owns 648 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 141 shares in the last quarter. 62.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

National Health Investors Price Performance

Shares of NYSE NHI opened at $69.62 on Friday. National Health Investors, Inc. has a fifty-two week low of $51.59 and a fifty-two week high of $86.13. The company has a market cap of $3.16 billion, a PE ratio of 23.92, a P/E/G ratio of 4.34 and a beta of 1.06. The company has a debt-to-equity ratio of 0.92, a quick ratio of 10.29 and a current ratio of 10.29. The business has a 50-day simple moving average of $71.68 and a two-hundred day simple moving average of $75.81.

National Health Investors (NYSE:NHI) last released its earnings results on Tuesday, November 5th. The real estate investment trust reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.42). National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The company had revenue of $63.32 million during the quarter, compared to analyst estimates of $67.93 million. During the same quarter last year, the business earned $1.08 earnings per share. The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. As a group, equities analysts expect that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 29th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 5.17%. The ex-dividend date of this dividend is Tuesday, December 31st. National Health Investors’s dividend payout ratio (DPR) is presently 123.71%.

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.