Centersquare Investment Management LLC Acquires 176,410 Shares of National Health Investors, Inc. $NHI

Centersquare Investment Management LLC boosted its holdings in National Health Investors, Inc. (NYSE:NHI) by 21.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 986,708 shares of the real estate investment trust’s stock after purchasing an additional 176,410 shares during the quarter. Centersquare Investment Management LLC owned about 2.08% of National Health Investors worth $78,443,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Metis Global Partners LLC grew its stake in National Health Investors by 34.1% in the second quarter. Metis Global Partners LLC now owns 7,719 shares of the real estate investment trust’s stock valued at $541,000 after acquiring an additional 1,964 shares during the period. Woodmont Investment Counsel LLC grew its position in National Health Investors by 23.9% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 96,287 shares of the real estate investment trust’s stock valued at $7,655,000 after purchasing an additional 18,582 shares during the period. Strs Ohio grew its position in National Health Investors by 293.6% in the 3rd quarter. Strs Ohio now owns 167,300 shares of the real estate investment trust’s stock valued at $13,300,000 after purchasing an additional 124,800 shares during the period. Bowen Hanes & Co. Inc. increased its stake in National Health Investors by 30.0% during the 3rd quarter. Bowen Hanes & Co. Inc. now owns 260,000 shares of the real estate investment trust’s stock valued at $20,670,000 after purchasing an additional 60,000 shares in the last quarter. Finally, Edgestream Partners L.P. raised its holdings in National Health Investors by 139.7% during the second quarter. Edgestream Partners L.P. now owns 37,425 shares of the real estate investment trust’s stock worth $2,624,000 after buying an additional 21,813 shares during the last quarter. 62.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

NHI has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft cut shares of National Health Investors from a “buy” rating to a “hold” rating and set a $85.00 price objective for the company. in a report on Tuesday, January 20th. KeyCorp lifted their price target on National Health Investors from $80.00 to $88.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. National Bank Financial set a $85.00 price objective on National Health Investors in a research note on Tuesday, January 20th. Cantor Fitzgerald set a $85.00 target price on National Health Investors in a report on Monday, January 5th. Finally, Wells Fargo & Company upped their price target on National Health Investors from $80.00 to $85.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $85.57.

National Health Investors Trading Down 1.0%

NYSE:NHI opened at $88.07 on Thursday. National Health Investors, Inc. has a 52 week low of $66.41 and a 52 week high of $91.38. The firm has a 50-day moving average price of $81.37 and a two-hundred day moving average price of $78.58. The company has a debt-to-equity ratio of 0.74, a quick ratio of 10.64 and a current ratio of 10.64. The firm has a market cap of $4.20 billion, a price-to-earnings ratio of 27.78, a price-to-earnings-growth ratio of 3.04 and a beta of 0.66.

National Health Investors Company 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.