National Health Investors (NYSE:NHI) Downgraded by StockNews.com

National Health Investors (NYSE:NHI) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday.

Several other equities analysts have also recently weighed in on the company. Wells Fargo & Company raised National Health Investors from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $55.00 to $63.00 in a report on Monday, February 26th. Deutsche Bank Aktiengesellschaft began coverage on National Health Investors in a report on Tuesday, January 30th. They set a “buy” rating and a $69.00 price target on the stock. BMO Capital Markets raised National Health Investors from a “market perform” rating to an “outperform” rating and set a $67.00 target price on the stock in a report on Tuesday, March 12th. Truist Financial raised their target price on National Health Investors from $55.00 to $58.00 and gave the stock a “hold” rating in a report on Thursday, April 4th. Finally, Wedbush raised their target price on National Health Investors from $64.00 to $66.00 and gave the stock an “outperform” rating in a report on Monday, March 18th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $60.50.

National Health Investors Price Performance

NYSE NHI opened at $59.60 on Thursday. The business’s fifty day moving average price is $58.48 and its 200-day moving average price is $55.19. The stock has a market capitalization of $2.59 billion, a price-to-earnings ratio of 19.04 and a beta of 0.95. The company has a debt-to-equity ratio of 0.90, a current ratio of 10.27 and a quick ratio of 10.27. National Health Investors has a 1-year low of $47.54 and a 1-year high of $62.93.

Insider Buying and Selling at National Health Investors

In other National Health Investors news, Director Charlotte A. Swafford purchased 10,000 shares of the firm’s stock in a transaction on Tuesday, February 27th. The shares were acquired at an average cost of $58.69 per share, with a total value of $586,900.00. Following the completion of the acquisition, the director now directly owns 110,185 shares in the company, valued at $6,466,757.65. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 8.21% of the company’s stock.

Institutional Investors Weigh In On National Health Investors

Institutional investors and hedge funds have recently bought and sold shares of the business. Compass Wealth Management LLC bought a new stake in National Health Investors during the first quarter valued at about $30,000. Lazard Asset Management LLC purchased a new position in shares of National Health Investors during the second quarter valued at about $32,000. Baystate Wealth Management LLC purchased a new position in shares of National Health Investors during the fourth quarter valued at about $39,000. Advisory Services Network LLC grew its position in shares of National Health Investors by 71.8% during the first quarter. Advisory Services Network LLC now owns 737 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 308 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of National Health Investors during the third quarter valued at about $38,000. 62.51% of the stock is owned by institutional investors.

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.