abrdn plc Has $1.67 Million Stake in National Health Investors, Inc. (NYSE:NHI)

abrdn plc boosted its holdings in National Health Investors, Inc. (NYSE:NHI - Free Report) by 28.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,236 shares of the real estate investment trust's stock after buying an additional 5,331 shares during the quarter. abrdn plc owned approximately 0.05% of National Health Investors worth $1,670,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Quarry LP bought a new position in National Health Investors in the 3rd quarter valued at approximately $27,000. Covestor Ltd raised its holdings in National Health Investors by 2,700.0% in the 3rd quarter. Covestor Ltd now owns 420 shares of the real estate investment trust's stock valued at $35,000 after buying an additional 405 shares during the last quarter. Point72 DIFC Ltd acquired a new stake in National Health Investors during the 3rd quarter valued at approximately $35,000. Loomis Sayles & Co. L P acquired a new stake in National Health Investors during the 3rd quarter valued at 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 valued at $54,000 after purchasing an additional 141 shares during the period. Institutional investors own 62.51% of the company's stock.

Analyst Ratings Changes

Separately, Truist Financial decreased their target price on shares of National Health Investors from $78.00 to $72.00 and set a "hold" rating for the company in a research report on Monday, December 23rd. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $76.60.

National Health Investors Trading Down 0.4 %

NYSE:NHI traded down $0.29 on Friday, reaching $67.53. 154,635 shares of the stock traded hands, compared to its average volume of 186,154. 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. National Health Investors, Inc. has a 1-year low of $51.96 and a 1-year high of $86.13. 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 company's 50 day moving average is $69.06 and its 200-day moving average is $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.