Vanguard Group Inc. Buys 52,474 Shares of National Health Investors, Inc. $NHI

Vanguard Group Inc. increased its position in shares of National Health Investors, Inc. (NYSE:NHI) by 0.8% in the third quarter, HoldingsChannel reports. The firm owned 6,498,414 shares of the real estate investment trust’s stock after purchasing an additional 52,474 shares during the period. Vanguard Group Inc. owned approximately 0.14% of National Health Investors worth $516,624,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of NHI. EverSource Wealth Advisors LLC grew its stake in shares of National Health Investors by 244.1% during the second quarter. EverSource Wealth Advisors LLC now owns 406 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 288 shares during the last quarter. Assetmark Inc. boosted its stake in shares of National Health Investors by 19.0% in the 2nd quarter. Assetmark Inc. now owns 925 shares of the real estate investment trust’s stock valued at $65,000 after purchasing an additional 148 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of National Health Investors by 24.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,128 shares of the real estate investment trust’s stock worth $90,000 after buying an additional 225 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of National Health Investors by 212.4% during the third quarter. Smartleaf Asset Management LLC now owns 1,206 shares of the real estate investment trust’s stock worth $95,000 after buying an additional 820 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake 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 acquiring an additional 345 shares during the last quarter. Institutional investors and hedge funds own 62.51% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on NHI shares. KeyCorp upped their target price on shares of National Health Investors from $80.00 to $88.00 and gave the company an “overweight” rating in a research report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft cut National Health Investors from a “buy” rating to a “hold” rating and set a $85.00 target price on the stock. in a report on Tuesday, January 20th. National Bank Financial set a $85.00 target price on shares of National Health Investors in a research note on Tuesday, January 20th. Truist Financial boosted their price target on shares of National Health Investors from $81.00 to $83.00 and gave the company a “buy” rating in a report on Monday, December 15th. Finally, Wells Fargo & Company raised their price objective on National Health Investors from $80.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $85.57.

National Health Investors Stock Down 1.0%

National Health Investors stock opened at $88.07 on Thursday. The company has a current ratio of 10.64, a quick ratio of 10.64 and a debt-to-equity ratio of 0.74. National Health Investors, Inc. has a 1-year low of $66.41 and a 1-year high of $91.38. The company has a fifty day simple moving average of $81.37 and a 200 day simple moving average of $78.58. The company has a market cap of $4.20 billion, a P/E ratio of 27.78, a price-to-earnings-growth ratio of 3.04 and a beta of 0.66.

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.