CapWealth Advisors LLC Increases Position in National Health Investors, Inc. (NYSE:NHI)

CapWealth Advisors LLC boosted its holdings in National Health Investors, Inc. (NYSE:NHI) by 15.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,446 shares of the real estate investment trust’s stock after purchasing an additional 458 shares during the period. CapWealth Advisors LLC’s holdings in National Health Investors were worth $239,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of NHI. Assetmark Inc. raised its position in shares of National Health Investors by 27.8% during the 3rd quarter. Assetmark Inc. now owns 648 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 141 shares in the last quarter. State of Alaska Department of Revenue raised its holdings in shares of National Health Investors by 1.0% during the fourth quarter. State of Alaska Department of Revenue now owns 20,040 shares of the real estate investment trust’s stock worth $1,388,000 after purchasing an additional 196 shares during the period. Aviance Capital Partners LLC lifted its position in shares of National Health Investors by 6.2% in the 3rd quarter. Aviance Capital Partners LLC now owns 3,788 shares of the real estate investment trust’s stock worth $318,000 after buying an additional 221 shares during the last quarter. Tidal Investments LLC boosted its holdings in shares of National Health Investors by 3.9% in the 3rd quarter. Tidal Investments LLC now owns 6,762 shares of the real estate investment trust’s stock valued at $568,000 after buying an additional 254 shares during the period. Finally, Quarry LP bought a new stake in shares of National Health Investors during the 3rd quarter valued at about $27,000. Institutional investors and hedge funds own 62.51% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Truist Financial decreased their target price on National Health Investors from $78.00 to $72.00 and set a “hold” rating for the company in a research note on Monday, December 23rd. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $76.60.

National Health Investors Trading Down 0.4 %

National Health Investors stock opened at $67.53 on Friday. National Health Investors, Inc. has a 52-week low of $51.96 and a 52-week high of $86.13. The company has a quick ratio of 10.29, a current ratio of 10.29 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 23.21, a PEG ratio of 4.36 and a beta of 1.06. The firm has a 50-day moving average price of $69.06 and a two-hundred day moving average price of $75.30.

National Health Investors Profile

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.