National Health Investors, Inc. (NYSE:NHI) Shares Bought by Nepsis Inc.

Nepsis Inc. boosted its holdings in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) by 19.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 67,808 shares of the real estate investment trust's stock after acquiring an additional 10,820 shares during the quarter. National Health Investors comprises 1.4% of Nepsis Inc.'s holdings, making the stock its 23rd largest holding. Nepsis Inc. owned approximately 0.16% of National Health Investors worth $5,700,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NHI. International Assets Investment Management LLC purchased a new stake in shares of National Health Investors in the 2nd quarter valued at approximately $36,000. Blue Trust Inc. raised its position in National Health Investors by 2,651.9% in the second quarter. Blue Trust Inc. now owns 743 shares of the real estate investment trust's stock valued at $47,000 after purchasing an additional 716 shares during the period. USA Financial Formulas raised its position in National Health Investors by 172.8% in the third quarter. USA Financial Formulas now owns 922 shares of the real estate investment trust's stock valued at $78,000 after purchasing an additional 584 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in National Health Investors by 66.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,594 shares of the real estate investment trust's stock worth $163,000 after purchasing an additional 1,033 shares in the last quarter. Finally, Shayne & Jacobs LLC purchased a new position in shares of National Health Investors during the second quarter worth $210,000. Hedge funds and other institutional investors own 62.51% of the company's stock.

Wall Street Analysts Forecast Growth

NHI has been the topic of several research analyst reports. Bank of America began coverage on National Health Investors in a report on Tuesday, September 24th. They issued a "buy" rating and a $92.00 price objective on the stock. Truist Financial increased their price target on shares of National Health Investors from $65.00 to $78.00 and gave the stock a "hold" rating in a research report on Friday, August 30th. Wells Fargo & Company cut shares of National Health Investors from an "overweight" rating to an "equal weight" rating and lifted their price objective for the company from $81.00 to $86.00 in a report on Tuesday, October 1st. Finally, StockNews.com lowered shares of National Health Investors from a "buy" rating to a "hold" rating in a report on Tuesday, October 15th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $73.29.

National Health Investors Stock Up 0.0 %

Shares of NHI stock traded up $0.02 during trading hours on Friday, reaching $76.56. 221,323 shares of the stock were exchanged, compared to its average volume of 189,255. The business's fifty day moving average is $80.45 and its two-hundred day moving average is $71.66. The firm has a market capitalization of $3.32 billion, a P/E ratio of 25.10, a P/E/G ratio of 4.78 and a beta of 1.04. National Health Investors, Inc. has a 12-month low of $48.51 and a 12-month high of $86.13. The company has a debt-to-equity ratio of 0.91, a current ratio of 10.27 and a quick ratio of 10.27.

National Health Investors (NYSE:NHI - Get Free Report) last announced its quarterly earnings data on Tuesday, August 6th. The real estate investment trust reported $0.81 EPS for the quarter, missing analysts' consensus estimates of $1.10 by ($0.29). The firm had revenue of $84.97 million during the quarter, compared to analysts' expectations of $64.95 million. National Health Investors had a net margin of 39.11% and a return on equity of 10.11%. The company's revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.06 earnings per share. As a group, research analysts expect that National Health Investors, Inc. will post 4.55 EPS for the current fiscal year.

National Health Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, September 27th will be paid a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 4.70%. The ex-dividend date of this dividend is Friday, September 27th. National Health Investors's dividend payout ratio is presently 118.03%.

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.