National Health Investors (NYSE:NHI) Downgraded by StockNews.com

National Health Investors (NYSE:NHI) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Thursday.

NHI has been the topic of a number of other research reports. Wedbush upped their price target on National Health Investors from $64.00 to $66.00 and gave the company an “outperform” rating in a research report on Monday, March 18th. Truist Financial upped their target price on National Health Investors from $55.00 to $58.00 and gave the company a “hold” rating in a research report on Thursday, April 4th. Wells Fargo & Company upgraded National Health Investors from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $55.00 to $63.00 in a research report on Monday, February 26th. Deutsche Bank Aktiengesellschaft started coverage on National Health Investors in a research report on Tuesday, January 30th. They set a “buy” rating and a $69.00 target price on the stock. Finally, BMO Capital Markets upgraded National Health Investors from a “market perform” rating to an “outperform” rating and set a $67.00 target price on the stock in a research report on Tuesday, March 12th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, National Health Investors has a consensus rating of “Hold” and a consensus price target of $60.50.

National Health Investors Trading Up 1.3 %

NYSE NHI opened at $59.60 on Thursday. The business’s 50-day moving average price is $58.48 and its two-hundred day moving average price is $55.19. National Health Investors has a 12 month low of $47.54 and a 12 month high of $62.93. The firm has a market capitalization of $2.59 billion, a PE ratio of 19.04 and a beta of 0.95. The company has a current ratio of 10.27, a quick ratio of 10.27 and a debt-to-equity ratio of 0.90.

Insider Buying and Selling at National Health Investors

In other news, Director Charlotte A. Swafford acquired 10,000 shares of National Health Investors stock in a transaction on Tuesday, February 27th. The stock was purchased at an average price of $58.69 per share, with a total value of $586,900.00. Following the completion of the purchase, the director now owns 110,185 shares of the company’s stock, valued at approximately $6,466,757.65. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 8.21% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. DGS Capital Management LLC bought a new position in shares of National Health Investors in the first quarter valued at approximately $232,000. Pensionfund Sabic lifted its holdings in shares of National Health Investors by 13.3% in the first quarter. Pensionfund Sabic now owns 17,000 shares of the real estate investment trust’s stock valued at $1,068,000 after purchasing an additional 2,000 shares in the last quarter. Compass Wealth Management LLC bought a new position in shares of National Health Investors in the first quarter valued at approximately $30,000. Pensionfund DSM Netherlands lifted its holdings in shares of National Health Investors by 5.6% in the first quarter. Pensionfund DSM Netherlands now owns 37,600 shares of the real estate investment trust’s stock valued at $2,362,000 after purchasing an additional 2,000 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of National Health Investors by 6.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,979 shares of the real estate investment trust’s stock valued at $222,000 after purchasing an additional 238 shares in the last quarter. Institutional investors own 62.51% of the company’s stock.

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.