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

Xponance Inc. increased its stake in shares of National Health Investors, Inc. (NYSE:NHI) by 11.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,334 shares of the real estate investment trust’s stock after purchasing an additional 337 shares during the quarter. Xponance Inc.’s holdings in National Health Investors were worth $246,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in National Health Investors in the 4th quarter worth about $2,219,000. Swiss National Bank boosted its stake in National Health Investors by 7.2% in the 4th quarter. Swiss National Bank now owns 90,920 shares of the real estate investment trust’s stock worth $6,301,000 after buying an additional 6,100 shares during the last quarter. Cibc World Markets Corp acquired a new stake in National Health Investors in the 4th quarter worth about $271,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in National Health Investors by 86.3% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,536 shares of the real estate investment trust’s stock worth $938,000 after buying an additional 6,270 shares during the last quarter. Finally, Quantbot Technologies LP boosted its stake in National Health Investors by 515.3% in the 4th quarter. Quantbot Technologies LP now owns 23,659 shares of the real estate investment trust’s stock worth $1,640,000 after buying an additional 19,814 shares during the last quarter. Hedge funds and other institutional investors own 62.51% of the company’s stock.

Analysts Set New Price Targets

NHI has been the topic of several research analyst reports. KeyCorp raised National Health Investors from a “sector weight” rating to an “overweight” rating and set a $80.00 price objective on the stock in a research note on Thursday, July 10th. Truist Financial raised National Health Investors from a “hold” rating to a “buy” rating and set a $77.00 price objective on the stock in a research note on Wednesday, July 2nd. Finally, Wedbush raised National Health Investors to a “strong-buy” rating in a research note on Wednesday, July 2nd. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $84.60.

National Health Investors Price Performance

Shares of NYSE NHI opened at $70.50 on Friday. National Health Investors, Inc. has a twelve month low of $65.13 and a twelve month high of $86.13. The company has a current ratio of 16.55, a quick ratio of 16.55 and a debt-to-equity ratio of 0.88. The company has a market capitalization of $3.29 billion, a price-to-earnings ratio of 22.38, a price-to-earnings-growth ratio of 3.55 and a beta of 0.73. The business has a 50 day simple moving average of $71.82 and a 200-day simple moving average of $71.70.

National Health Investors (NYSE:NHI) last announced its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02. National Health Investors had a return on equity of 10.64% and a net margin of 41.15%. The company had revenue of $68.87 million during the quarter, compared to analyst estimates of $85.13 million. During the same quarter in the previous year, the firm posted $1.10 EPS. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. As a group, equities research analysts expect that National Health Investors, Inc. will post 4.41 earnings per share for the current year.

National Health Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Monday, June 30th will be issued a $0.90 dividend. The ex-dividend date is Monday, June 30th. This represents a $3.60 annualized dividend and a dividend yield of 5.11%. National Health Investors’s dividend payout ratio (DPR) is 114.29%.

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.