3,000 Shares in National Health Investors, Inc. (NYSE:NHI) Bought by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC purchased a new stake in National Health Investors, Inc. (NYSE:NHI) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 3,000 shares of the real estate investment trust’s stock, valued at approximately $208,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of NHI. Quarry LP acquired a new stake in National Health Investors in the 3rd quarter valued at about $27,000. Covestor Ltd raised its stake in National Health Investors by 2,700.0% in the third 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 period. Point72 DIFC Ltd acquired a new stake in shares of National Health Investors in the third quarter valued at approximately $35,000. Loomis Sayles & Co. L P bought a new position in shares of National Health Investors during the 3rd quarter worth approximately $38,000. Finally, Assetmark Inc. increased its holdings in shares of National Health Investors by 27.8% during the 3rd quarter. Assetmark Inc. now owns 648 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 141 shares during the last quarter. Institutional investors own 62.51% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on NHI shares. StockNews.com downgraded National Health Investors from a “buy” rating to a “hold” rating in a report on Tuesday, October 15th. Truist Financial cut 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 note on Monday, December 23rd. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $76.60.

National Health Investors Stock Performance

NHI opened at $67.57 on Friday. 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 capitalization of $3.07 billion, a PE ratio of 23.22, a price-to-earnings-growth ratio of 4.32 and a beta of 1.06. The business has a fifty day simple moving average of $69.95 and a 200 day simple moving average of $75.57. National Health Investors, Inc. has a 1 year low of $51.70 and a 1 year high of $86.13.

National Health Investors (NYSE:NHI) last released its quarterly earnings results on Tuesday, November 5th. The real estate investment trust reported $0.65 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.42). National Health Investors had a net margin of 38.53% and a return on equity of 10.11%. The business had revenue of $63.32 million during the quarter, compared to analyst estimates of $67.93 million. During the same quarter last year, the company posted $1.08 earnings per share. The company’s revenue was up 1.7% on a year-over-year basis. Research analysts expect that National Health Investors, Inc. will post 4.41 EPS for the current year.

About National Health Investors

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.