Public Employees Retirement System of Ohio Invests $4.24 Million in National Health Investors, Inc. $NHI

Public Employees Retirement System of Ohio bought a new stake in National Health Investors, Inc. (NYSE:NHI) during the 2nd quarter, Holdings Channel reports. The firm bought 55,643 shares of the real estate investment trust’s stock, valued at approximately $4,243,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Renaissance Group LLC boosted its stake in shares of National Health Investors by 3.8% in the fourth quarter. Renaissance Group LLC now owns 3,206 shares of the real estate investment trust’s stock valued at $245,000 after buying an additional 117 shares in the last quarter. Captrust Financial Advisors increased its stake in National Health Investors by 1.7% in the 4th quarter. Captrust Financial Advisors now owns 8,907 shares of the real estate investment trust’s stock valued at $680,000 after purchasing an additional 146 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in National Health Investors by 34.3% during the first quarter. EverSource Wealth Advisors LLC now owns 626 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 160 shares during the last quarter. Assetmark Inc. raised its holdings in National Health Investors by 13.5% during the first quarter. Assetmark Inc. now owns 1,356 shares of the real estate investment trust’s stock worth $110,000 after purchasing an additional 161 shares during the last quarter. Finally, Inspire Investing LLC boosted its position in National Health Investors by 3.2% during the first quarter. Inspire Investing LLC now owns 6,310 shares of the real estate investment trust’s stock worth $510,000 after purchasing an additional 198 shares in the last quarter. Hedge funds and other institutional investors own 62.51% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Wells Fargo & Company cut their price target on National Health Investors from $79.00 to $78.00 and set an “equal weight” rating for the company in a research note on Tuesday. Truist Financial cut their target price on shares of National Health Investors from $81.00 to $80.00 and set a “buy” rating for the company in a research report on Wednesday. Zacks Research downgraded shares of National Health Investors from a “hold” rating to a “strong sell” rating in a report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of National Health Investors from $85.00 to $80.00 and set a “hold” rating on the stock in a research report on Thursday, June 25th. Finally, Weiss Ratings downgraded National Health Investors from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 12th. Five investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, National Health Investors has a consensus rating of “Moderate Buy” and an average price target of $83.57.

National Health Investors Stock Up 0.3%

Shares of NYSE:NHI opened at $71.73 on Friday. The company has a quick ratio of 6.78, a current ratio of 6.78 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $3.52 billion, a P/E ratio of 20.73, a P/E/G ratio of 3.82 and a beta of 0.52. National Health Investors, Inc. has a 52-week low of $67.94 and a 52-week high of $91.38. The stock’s fifty day simple moving average is $75.51 and its 200-day simple moving average is $78.25.

National Health Investors (NYSE:NHI) last announced its earnings results on Monday, August 10th. The real estate investment trust reported $1.19 earnings per share for the quarter. The firm had revenue of $121.32 million during the quarter. National Health Investors had a net margin of 38.56% and a return on equity of 10.89%. The company’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.22 EPS. National Health Investors has set its FY 2026 guidance at 4.740-4.790 EPS. As a group, equities research analysts forecast that National Health Investors, Inc. will post 4.76 earnings per share for the current fiscal year.

National Health Investors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.92 per share. The ex-dividend date is Wednesday, September 30th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 5.1%. National Health Investors’s payout ratio is 106.36%.

Insider Buying and Selling at National Health Investors

In other news, Director Robert A. Mccabe, Jr. acquired 890 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was acquired at an average price of $71.65 per share, with a total value of $63,768.50. Following the completion of the transaction, the director directly owned 44,159 shares in the company, valued at approximately $3,163,992.35. This represents a 2.06% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.70% of the stock is currently owned by corporate insiders.

About National Health Investors

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.