National Health Investors, Inc. (NYSE:NHI) Shares Sold by Stephens Inc. AR

Stephens Inc. AR decreased its holdings in shares of National Health Investors, Inc. (NYSE:NHI) by 5.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,096 shares of the real estate investment trust’s stock after selling 470 shares during the period. Stephens Inc. AR’s holdings in National Health Investors were worth $561,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NHI. Quarry LP acquired a new position in National Health Investors during the 3rd quarter worth approximately $27,000. Covestor Ltd increased its position in National Health Investors by 2,700.0% during the 3rd quarter. Covestor Ltd now owns 420 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 405 shares during the period. Point72 DIFC Ltd acquired a new position in National Health Investors during the 3rd quarter worth approximately $35,000. Loomis Sayles & Co. L P acquired a new position in National Health Investors during the 3rd quarter worth approximately $38,000. Finally, Assetmark Inc. increased its position in National Health Investors by 27.8% during the 3rd quarter. Assetmark Inc. now owns 648 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 141 shares during the period. Institutional investors and hedge funds own 62.51% of the company’s stock.

National Health Investors Price Performance

Shares of NYSE:NHI opened at $67.53 on Friday. The business’s 50 day simple moving average is $69.06 and its 200-day simple moving average is $75.30. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 23.21, a price-to-earnings-growth ratio of 4.36 and a beta of 1.06. The company has a debt-to-equity ratio of 0.92, a current ratio of 10.29 and a quick ratio of 10.29. National Health Investors, Inc. has a 12 month low of $51.96 and a 12 month high of $86.13.

Analyst Ratings Changes

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

National Health Investors Company 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.