Strategic Financial Concepts LLC purchased a new stake in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 38,966 shares of the real estate investment trust's stock, valued at approximately $2,700,000. Strategic Financial Concepts LLC owned 0.09% of National Health Investors as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Jane Street Group LLC grew its holdings in National Health Investors by 68.3% during the third quarter. Jane Street Group LLC now owns 60,099 shares of the real estate investment trust's stock worth $5,052,000 after acquiring an additional 24,380 shares during the period. Thrivent Financial for Lutherans bought a new position in shares of National Health Investors during the 3rd quarter valued at about $2,426,000. Point72 Asset Management L.P. acquired a new position in shares of National Health Investors in the 3rd quarter worth approximately $688,000. Charles Schwab Investment Management Inc. raised its holdings in shares of National Health Investors by 17.0% in 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 purchasing an additional 123,596 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new stake in National Health Investors during the third quarter valued at approximately $720,000. Institutional investors own 62.51% of the company's stock.
National Health Investors stock opened at $67.57 on Monday. National Health Investors, Inc. has a fifty-two week low of $51.70 and a fifty-two week high of $86.13. The firm's 50 day simple moving average is $69.95 and its 200-day simple moving average is $75.59. The company has a debt-to-equity ratio of 0.92, a current ratio of 10.29 and a quick ratio of 10.29. The company has a market cap of $3.07 billion, a P/E ratio of 23.22, a price-to-earnings-growth ratio of 4.36 and a beta of 1.06.
Several research firms have issued reports on NHI. StockNews.com lowered shares of National Health Investors from a "buy" rating to a "hold" rating in a research report on Tuesday, October 15th. Truist Financial reduced their price objective 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 research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $76.60.
Get Our Latest Stock Report on NHI
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.
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