Rhumbline Advisers Decreases Holdings in National Health Investors, Inc. $NHI

Rhumbline Advisers decreased its stake in National Health Investors, Inc. (NYSE:NHI) by 8.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 77,804 shares of the real estate investment trust’s stock after selling 7,124 shares during the period. Rhumbline Advisers owned 0.16% of National Health Investors worth $6,185,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NHI. Assetmark Inc. increased its stake in shares of National Health Investors by 19.0% during the 2nd quarter. Assetmark Inc. now owns 925 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 148 shares during the last quarter. Creative Planning grew its holdings in National Health Investors by 2.2% during the second quarter. Creative Planning now owns 8,217 shares of the real estate investment trust’s stock valued at $576,000 after purchasing an additional 177 shares during the period. Summit Investment Advisors Inc. grew its holdings in National Health Investors by 4.5% during the first quarter. Summit Investment Advisors Inc. now owns 4,429 shares of the real estate investment trust’s stock valued at $327,000 after purchasing an additional 189 shares during the period. Aviance Capital Partners LLC increased its position in National Health Investors by 3.8% in the second quarter. Aviance Capital Partners LLC now owns 5,225 shares of the real estate investment trust’s stock worth $366,000 after buying an additional 189 shares during the last quarter. Finally, NFP Retirement Inc. increased its position in National Health Investors by 0.8% in the second quarter. NFP Retirement Inc. now owns 24,858 shares of the real estate investment trust’s stock worth $1,743,000 after buying an additional 190 shares during the last quarter. 62.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on NHI shares. Deutsche Bank Aktiengesellschaft downgraded National Health Investors from a “buy” rating to a “hold” rating and set a $85.00 price target for the company. in a research note on Tuesday, January 20th. KeyCorp increased their target price on shares of National Health Investors from $80.00 to $88.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. 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 research report on Monday, December 15th. National Bank Financial set a $85.00 price target on shares of National Health Investors in a research note on Tuesday, January 20th. Finally, Wells Fargo & Company lifted their price objective on shares of National Health Investors from $80.00 to $85.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. 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 company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $85.57.

National Health Investors Stock Performance

National Health Investors stock opened at $88.59 on Monday. National Health Investors, Inc. has a 1-year low of $66.41 and a 1-year high of $91.38. The company has a current ratio of 10.64, a quick ratio of 10.64 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $4.22 billion, a PE 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 $78.30.

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.