Bowen Hanes & Co. Inc. Has $20.67 Million Stock Position in National Health Investors, Inc. $NHI

Bowen Hanes & Co. Inc. boosted its position in National Health Investors, Inc. (NYSE:NHI) by 30.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 260,000 shares of the real estate investment trust’s stock after buying an additional 60,000 shares during the quarter. Bowen Hanes & Co. Inc. owned approximately 0.55% of National Health Investors worth $20,670,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of NHI. NewEdge Advisors LLC boosted its holdings in National Health Investors by 28.7% during 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 period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in National Health Investors by 9.6% during the 1st 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 purchasing an additional 21,851 shares during the period. Jane Street Group LLC grew its holdings in National Health Investors by 1,728.4% in the 1st 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 during the last quarter. Stephens Inc. AR grew its holdings in National Health Investors by 10.8% in the 2nd quarter. Stephens Inc. AR now owns 8,662 shares of the real estate investment trust’s stock valued at $607,000 after buying an additional 842 shares during the last quarter. Finally, Asset Management One Co. Ltd. increased its position in National Health Investors by 2.2% in the 2nd quarter. Asset Management One Co. Ltd. now owns 102,407 shares of the real estate investment trust’s stock worth $7,181,000 after buying an additional 2,202 shares during the period. Institutional investors own 62.51% of the company’s stock.

National Health Investors Price Performance

Shares of National Health Investors stock opened at $88.59 on Friday. The firm has a market cap of $4.22 billion, a P/E ratio of 27.94, a price-to-earnings-growth ratio of 3.03 and a beta of 0.66. The firm’s 50-day simple moving average is $80.68 and its 200-day simple moving average is $78.26. National Health Investors, Inc. has a twelve month low of $66.41 and a twelve month high of $91.38. The company has a debt-to-equity ratio of 0.74, a quick ratio of 10.64 and a current ratio of 10.64.

Wall Street Analyst Weigh In

NHI has been the topic of several research analyst reports. National Bank Financial set a $85.00 price objective on shares of National Health Investors in a research note on Tuesday, January 20th. Wells Fargo & Company raised their price target on shares of National Health Investors from $80.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Cantor Fitzgerald set a $85.00 price objective on shares of National Health Investors in a research report on Monday, January 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of National Health Investors in a research note on Monday, December 29th. Finally, Deutsche Bank Aktiengesellschaft lowered National Health Investors from a “buy” rating to a “hold” rating and set a $85.00 price target on the stock. in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, National Health Investors presently has a consensus rating of “Moderate Buy” and a consensus target price of $85.57.

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.