Stock analysts at SunTrust Banks, Inc. initiated coverage on shares of National Health Investors, Inc. (NYSE:NHI) in a research report issued on Tuesday, The Fly reports. The firm set a “hold” rating on the real estate investment trust’s stock.

A number of other analysts also recently weighed in on NHI. BidaskClub downgraded National Health Investors from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. Zacks Investment Research upgraded National Health Investors from a “hold” rating to a “buy” rating and set a $86.00 target price on the stock in a research report on Thursday, September 28th. Stifel Nicolaus reiterated a “buy” rating and set a $82.00 target price on shares of National Health Investors in a research report on Wednesday, October 4th. Mizuho reiterated a “hold” rating and set a $82.00 target price on shares of National Health Investors in a research report on Wednesday, October 4th. Finally, ValuEngine downgraded National Health Investors from a “buy” rating to a “hold” rating in a research report on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. National Health Investors presently has a consensus rating of “Hold” and a consensus price target of $80.20.

National Health Investors (NHI) traded down 1.01% on Tuesday, reaching $77.17. The company had a trading volume of 399,339 shares. The company has a market capitalization of $3.16 billion, a PE ratio of 19.82 and a beta of 0.56. The company’s 50-day moving average is $79.08 and its 200-day moving average is $76.74. National Health Investors has a 52-week low of $66.31 and a 52-week high of $81.21.

National Health Investors (NYSE:NHI) last posted its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.93 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.29 by ($0.36). National Health Investors had a net margin of 59.24% and a return on equity of 12.56%. The business had revenue of $69.84 million during the quarter, compared to analysts’ expectations of $67.68 million. During the same quarter last year, the firm earned $1.22 earnings per share. The firm’s quarterly revenue was up 14.1% compared to the same quarter last year. Equities analysts anticipate that National Health Investors will post $3.85 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This piece was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2017/10/10/suntrust-banks-inc-begins-coverage-on-national-health-investors-inc-nhi.html.

In other National Health Investors news, insider Kevin Carlton Pascoe sold 2,000 shares of the business’s stock in a transaction on Thursday, August 24th. The stock was sold at an average price of $79.80, for a total transaction of $159,600.00. Following the sale, the insider now directly owns 21,228 shares in the company, valued at $1,693,994.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.19% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Coldstream Capital Management Inc. boosted its position in National Health Investors by 18.7% during the second quarter. Coldstream Capital Management Inc. now owns 8,225 shares of the real estate investment trust’s stock worth $651,000 after purchasing an additional 1,298 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of National Health Investors by 2.8% in the second quarter. The Manufacturers Life Insurance Company now owns 29,691 shares of the real estate investment trust’s stock worth $2,352,000 after acquiring an additional 798 shares during the last quarter. State Street Corp raised its holdings in shares of National Health Investors by 8.5% in the second quarter. State Street Corp now owns 999,167 shares of the real estate investment trust’s stock worth $79,133,000 after acquiring an additional 78,355 shares during the last quarter. Janus Henderson Group PLC raised its holdings in shares of National Health Investors by 59.5% in the second quarter. Janus Henderson Group PLC now owns 13,956 shares of the real estate investment trust’s stock worth $1,105,000 after acquiring an additional 5,206 shares during the last quarter. Finally, Employees Retirement System of Texas raised its holdings in shares of National Health Investors by 353.3% in the second quarter. Employees Retirement System of Texas now owns 81,600 shares of the real estate investment trust’s stock worth $6,463,000 after acquiring an additional 63,600 shares during the last quarter. Institutional investors own 70.67% of the company’s stock.

About National Health Investors

National Health Investors, Inc is a self-managed real estate investment trust (REIT) specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. The Company is engaged in the business of owning and financing healthcare properties.

The Fly

Analyst Recommendations for National Health Investors (NYSE:NHI)

Receive News & Ratings for National Health Investors Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Health Investors Inc. and related companies with MarketBeat.com's FREE daily email newsletter.