Stephens Inc. AR Trims Stake in National Health Investors, Inc. (NYSE:NHI)

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

A number of other large investors also recently made changes to their positions in the business. Geode Capital Management LLC lifted its stake in shares of National Health Investors by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 1,094,570 shares of the real estate investment trust’s stock worth $92,026,000 after purchasing an additional 8,540 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of National Health Investors by 17.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 852,377 shares of the real estate investment trust’s stock worth $71,651,000 after buying an additional 123,596 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of National Health Investors by 0.5% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 463,403 shares of the real estate investment trust’s stock worth $32,114,000 after buying an additional 2,279 shares during the last quarter. Zimmer Partners LP acquired a new stake in shares of National Health Investors during the 3rd quarter worth $25,218,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of National Health Investors by 332.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 242,326 shares of the real estate investment trust’s stock worth $20,370,000 after buying an additional 186,238 shares during the last quarter. Hedge funds and other institutional investors own 62.51% of the company’s stock.

Wall Street Analysts Forecast Growth

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

National Health Investors Stock Down 0.4 %

Shares of NYSE NHI opened at $67.53 on Friday. National Health Investors, Inc. has a 12-month low of $51.96 and a 12-month high of $86.13. The company has a market cap of $3.07 billion, a P/E 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. The stock has a fifty day moving average price of $69.06 and a 200 day moving average price of $75.30.

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.