Geode Capital Management LLC Raises Stock Position in National Health Investors, Inc. $NHI

Geode Capital Management LLC raised its stake in National Health Investors, Inc. (NYSE:NHI) by 1.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,262,657 shares of the real estate investment trust’s stock after buying an additional 18,198 shares during the quarter. Geode Capital Management LLC’s holdings in National Health Investors were worth $96,443,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in NHI. NewEdge Advisors LLC increased its holdings in National Health Investors by 28.7% in the first quarter. NewEdge Advisors LLC now owns 1,546 shares of the real estate investment trust’s stock valued at $114,000 after buying an additional 345 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in National Health Investors by 9.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 249,937 shares of the real estate investment trust’s stock valued at $18,460,000 after buying an additional 21,851 shares in the last quarter. Jane Street Group LLC increased its holdings in National Health Investors by 1,728.4% in the first quarter. Jane Street Group LLC now owns 69,697 shares of the real estate investment trust’s stock valued at $5,148,000 after buying an additional 65,885 shares in the last quarter. Cetera Investment Advisers increased its holdings in National Health Investors by 6.1% in the second quarter. Cetera Investment Advisers now owns 4,792 shares of the real estate investment trust’s stock valued at $336,000 after buying an additional 275 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in National Health Investors by 2.2% in the second quarter. American Century Companies Inc. now owns 19,236 shares of the real estate investment trust’s stock valued at $1,349,000 after buying an additional 420 shares in the last quarter. 62.51% of the stock is owned by hedge funds and other institutional investors.

National Health Investors Stock Up 3.0%

NHI stock opened at $70.35 on Friday. The company’s 50 day simple moving average is $78.33 and its 200-day simple moving average is $80.31. The firm has a market capitalization of $3.41 billion, a PE ratio of 22.69, a P/E/G ratio of 3.68 and a beta of 0.52. National Health Investors, Inc. has a 12 month low of $67.94 and a 12 month high of $91.38. The company has a debt-to-equity ratio of 0.83, a current ratio of 8.20 and a quick ratio of 8.20.

National Health Investors (NYSE:NHI) last released its quarterly earnings results on Monday, May 4th. The real estate investment trust reported $0.82 EPS for the quarter, missing the consensus estimate of $1.21 by ($0.39). The business had revenue of $115.13 million during the quarter, compared to analyst estimates of $70.22 million. National Health Investors had a net margin of 36.86% and a return on equity of 9.82%. The firm’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.15 earnings per share. National Health Investors has set its FY 2026 guidance at 4.740-4.790 EPS. Equities analysts expect that National Health Investors, Inc. will post 5.07 earnings per share for the current fiscal year.

National Health Investors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Tuesday, June 30th will be given a $0.92 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $3.68 annualized dividend and a dividend yield of 5.2%. National Health Investors’s dividend payout ratio is currently 118.71%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on NHI shares. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $94.00 target price on shares of National Health Investors in a report on Wednesday, April 22nd. Truist Financial dropped their target price on shares of National Health Investors from $92.00 to $89.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Wells Fargo & Company dropped their target price on shares of National Health Investors from $84.00 to $79.00 and set an “equal weight” rating for the company in a report on Monday, June 1st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of National Health Investors in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, National Health Investors has a consensus rating of “Moderate Buy” and an average price target of $86.67.

Insider Activity at National Health Investors

In other National Health Investors news, CEO D. Eric Mendelsohn purchased 1,500 shares of the stock in a transaction dated Friday, June 5th. The shares were acquired at an average cost of $68.84 per share, for a total transaction of $103,260.00. Following the completion of the transaction, the chief executive officer directly owned 133,316 shares of the company’s stock, valued at $9,177,473.44. This trade represents a 1.14% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 2.70% of the stock is owned by corporate insiders.

National Health Investors Profile

National Health Investors, Inc (NYSE: NHI) is a specialized real estate investment trust (REIT) focused on owning and financing high-quality healthcare and senior housing facilities in the United States. The company’s portfolio encompasses a diverse range of properties, including skilled nursing centers, assisted living and memory care communities, behavioral health facilities, dialysis clinics, and medical office buildings. NHI typically enters into long-term net-lease agreements with experienced healthcare operators, providing stable and predictable rental income streams while enabling its tenants to concentrate on delivering quality care.

Since its founding in 1991 and initial public offering later that year, National Health Investors has pursued a disciplined growth strategy centered on strategic acquisitions, joint ventures, and selective development.