National Health Investors, Inc. (NYSE:NHI) Shares Purchased by CapWealth Advisors LLC

CapWealth Advisors LLC raised its holdings in National Health Investors, Inc. (NYSE:NHI) by 15.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,446 shares of the real estate investment trust’s stock after acquiring 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.

Several other large investors also recently made changes to their positions in the business. Assetmark Inc. boosted its holdings in National Health Investors by 27.8% during the third quarter. Assetmark Inc. now owns 648 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 141 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in shares of National Health Investors by 1.0% in the 4th 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 acquiring an additional 196 shares during the last quarter. Aviance Capital Partners LLC grew its holdings 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 acquiring an additional 221 shares during the last quarter. Tidal Investments LLC raised its position in shares of National Health Investors by 3.9% during the third quarter. Tidal Investments LLC now owns 6,762 shares of the real estate investment trust’s stock worth $568,000 after purchasing an additional 254 shares during the period. Finally, Quarry LP purchased a new stake in shares of National Health Investors during the third quarter valued at $27,000. Institutional investors own 62.51% of the company’s stock.

Analyst Upgrades and Downgrades

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

National Health Investors Stock Performance

Shares of NHI stock opened at $67.53 on Friday. The stock’s fifty day simple moving average is $69.06 and its 200-day simple moving average is $75.30. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 23.21, a P/E/G ratio of 4.36 and a beta of 1.06. The company has a current ratio of 10.29, a quick ratio of 10.29 and a debt-to-equity ratio of 0.92. National Health Investors, Inc. has a 1-year low of $51.96 and a 1-year high of $86.13.

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.