National Health Investors, Inc. (NYSE:NHI) Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC increased its stake in shares of National Health Investors, Inc. (NYSE:NHI) by 100.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,140 shares of the real estate investment trust’s stock after purchasing an additional 1,573 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in National Health Investors were worth $218,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fairvoy Private Wealth LLC acquired a new stake in shares of National Health Investors in the 4th quarter worth approximately $208,000. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of National Health Investors by 12.0% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 9,064 shares of the real estate investment trust’s stock worth $628,000 after purchasing an additional 969 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in National Health Investors by 0.5% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 463,403 shares of the real estate investment trust’s stock worth $32,114,000 after acquiring an additional 2,279 shares during the last quarter. Strategic Financial Concepts LLC purchased a new stake in shares of National Health Investors in the fourth quarter valued at $2,700,000. Finally, State of Alaska Department of Revenue increased its stake in shares of National Health Investors by 1.0% during the 4th quarter. State of Alaska Department of Revenue now owns 20,040 shares of the real estate investment trust’s stock valued at $1,388,000 after acquiring an additional 196 shares during the last quarter. Hedge funds and other institutional investors own 62.51% of the company’s stock.

Analysts Set New Price Targets

Separately, Truist Financial dropped their price objective 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 research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $76.60.

National Health Investors Price Performance

Shares of NYSE:NHI opened at $71.35 on Wednesday. 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 firm has a 50-day simple moving average of $68.59 and a 200 day simple moving average of $75.08. National Health Investors, Inc. has a fifty-two week low of $56.70 and a fifty-two week high of $86.13. The company has a market cap of $3.24 billion, a PE ratio of 24.52, a P/E/G ratio of 4.42 and a beta of 1.06.

National Health Investors (NYSE:NHI) last announced its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.03. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. On average, sell-side analysts anticipate that National Health Investors, Inc. will post 4.41 EPS for the current year.

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.