Inspire Investing LLC Has $392,000 Position in National Health Investors, Inc. $NHI

Inspire Investing LLC boosted its holdings in National Health Investors, Inc. (NYSE:NHI) by 20.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,587 shares of the real estate investment trust’s stock after purchasing an additional 934 shares during the quarter. Inspire Investing LLC’s holdings in National Health Investors were worth $392,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Smartleaf Asset Management LLC grew its position in National Health Investors by 49.8% in the 1st quarter. Smartleaf Asset Management LLC now owns 442 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 147 shares during the period. Farther Finance Advisors LLC grew its position in National Health Investors by 5,000.0% in the 1st quarter. Farther Finance Advisors LLC now owns 918 shares of the real estate investment trust’s stock valued at $68,000 after purchasing an additional 900 shares during the period. NewEdge Advisors LLC grew its position in National Health Investors by 28.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,546 shares of the real estate investment trust’s stock valued at $114,000 after purchasing an additional 345 shares during the period. Jupiter Asset Management Ltd. acquired a new stake in National Health Investors in the 1st quarter valued at $206,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in National Health Investors in the 4th quarter valued at $226,000. Institutional investors and hedge funds own 62.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Wells Fargo & Company lifted their price target on shares of National Health Investors from $76.00 to $80.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 27th. Wedbush raised shares of National Health Investors to a “strong-buy” rating in a report on Wednesday, July 2nd. National Bankshares set a $90.00 price objective on shares of National Health Investors in a report on Wednesday, October 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of National Health Investors in a report on Wednesday, October 8th. Finally, Truist Financial lifted their price objective on shares of National Health Investors from $77.00 to $81.00 and gave the stock a “buy” rating in a report on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $84.83.

National Health Investors Trading Down 1.5%

NYSE NHI opened at $72.50 on Tuesday. The stock has a market capitalization of $3.44 billion, a price-to-earnings ratio of 23.16, a PEG ratio of 3.36 and a beta of 0.77. National Health Investors, Inc. has a one year low of $65.13 and a one year high of $82.32. The company has a debt-to-equity ratio of 0.75, a current ratio of 10.91 and a quick ratio of 10.91. The business’s fifty day moving average is $77.07 and its 200-day moving average is $74.10.

National Health Investors (NYSE:NHI) last released its earnings results on Wednesday, August 6th. The real estate investment trust reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.06. The company had revenue of $70.27 million for the quarter, compared to analysts’ expectations of $86.46 million. National Health Investors had a return on equity of 10.32% and a net margin of 40.97%.The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.18 EPS. Equities research analysts predict that National Health Investors, Inc. will post 4.41 EPS for the current year.

National Health Investors Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, September 30th will be paid a $0.92 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $3.68 dividend on an annualized basis and a yield of 5.1%. This is an increase from National Health Investors’s previous quarterly dividend of $0.90. National Health Investors’s dividend payout ratio (DPR) is presently 117.57%.

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.