Strategic Financial Concepts LLC bought a new position in shares of National Health Investors, Inc. (NYSE:NHI - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 38,966 shares of the real estate investment trust's stock, valued at approximately $2,700,000. Strategic Financial Concepts LLC owned approximately 0.09% of National Health Investors as of its most recent filing with the SEC.
Several other large investors also recently modified their holdings of NHI. Jane Street Group LLC boosted its stake in National Health Investors by 68.3% in the third quarter. Jane Street Group LLC now owns 60,099 shares of the real estate investment trust's stock valued at $5,052,000 after buying an additional 24,380 shares in the last quarter. Thrivent Financial for Lutherans acquired a new stake in National Health Investors in the third quarter valued at about $2,426,000. Point72 Asset Management L.P. acquired a new stake in National Health Investors in the third quarter valued at about $688,000. Charles Schwab Investment Management Inc. boosted its stake in National Health Investors by 17.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 852,377 shares of the real estate investment trust's stock valued at $71,651,000 after buying an additional 123,596 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new stake in National Health Investors in the third quarter valued at about $720,000. 62.51% of the stock is owned by institutional investors and hedge funds.
National Health Investors Trading Down 1.0 %
National Health Investors stock traded down $0.71 during trading hours on Friday, hitting $69.05. The stock had a trading volume of 172,625 shares, compared to its average volume of 190,454. The company has a quick ratio of 10.29, a current ratio of 10.29 and a debt-to-equity ratio of 0.92. The stock has a market cap of $3.14 billion, a price-to-earnings ratio of 23.73, a P/E/G ratio of 4.42 and a beta of 1.06. National Health Investors, Inc. has a one year low of $55.99 and a one year high of $86.13. The business's 50 day simple moving average is $68.62 and its 200-day simple moving average is $75.12.
Wall Street Analyst Weigh In
Separately, Truist Financial reduced their price objective on National Health Investors from $78.00 to $72.00 and set a "hold" rating on the stock in a research note on Monday, December 23rd. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, National Health Investors presently has an average rating of "Moderate Buy" and a consensus target price of $76.60.
Check Out Our Latest Analysis on National Health Investors
National Health Investors Profile
(
Free Report)
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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