189,096 National Health Investors, Inc. $NHI Shares Acquired by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. grew its holdings in National Health Investors, Inc. (NYSE:NHI) by 374.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 239,542 shares of the real estate investment trust’s stock after buying an additional 189,096 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in National Health Investors were worth $15,721,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of NHI. Deutsche Bank AG purchased a new position in National Health Investors during the second quarter valued at approximately $9,252,000. Bank of America Corp DE bought a new position in National Health Investors in the second quarter worth approximately $77,738,000. Forty three Eighteen Advisors LLC bought a new position in National Health Investors in the first quarter worth approximately $2,005,000. Public Employees Retirement System of Ohio purchased a new stake in National Health Investors during the second quarter worth $4,243,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in National Health Investors during the second quarter worth $1,870,000. Hedge funds and other institutional investors own 62.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on NHI. Wells Fargo & Company dropped their target price on National Health Investors from $78.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Monday, October 19th. National Bank Financial set a $79.00 price objective on National Health Investors in a research note on Wednesday, September 9th. Huntington began coverage on National Health Investors in a research note on Thursday, September 10th. They set an “outperform” rating and a $79.00 price objective for the company. Weiss Ratings downgraded National Health Investors from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, September 25th. Finally, Truist Financial cut their target price on National Health Investors from $81.00 to $80.00 and set a “buy” rating on the stock in a research note on Wednesday, September 2nd. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, National Health Investors presently has an average rating of “Moderate Buy” and an average price target of $81.00.

National Health Investors Stock Up 0.3%

Shares of National Health Investors stock opened at $71.50 on Friday. The company has a quick ratio of 6.78, a current ratio of 6.78 and a debt-to-equity ratio of 0.81. The company has a market cap of $3.51 billion, a P/E ratio of 20.67, a PEG ratio of 4.54 and a beta of 0.51. The firm’s 50 day moving average price is $67.84 and its 200-day moving average price is $76.23. National Health Investors, Inc. has a 52-week low of $63.51 and a 52-week high of $91.38.

National Health Investors (NYSE:NHI) last posted its earnings results on Monday, August 10th. The real estate investment trust reported $1.19 EPS for the quarter. The company had revenue of $121.32 million during the quarter. National Health Investors had a net margin of 38.56% and a return on equity of 10.89%. The company’s revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.22 EPS. National Health Investors has set its FY 2026 guidance at 4.740-4.790 EPS. On average, sell-side analysts predict that National Health Investors, Inc. will post 4.76 EPS for the current fiscal year.

National Health Investors Profile

National Health Investors, Inc (NYSE:NHI) is a real estate investment trust that owns and finances income-producing healthcare real estate in the United States. The company primarily focuses on properties serving older adults and patients who require specialized care.

NHI’s portfolio includes independent living communities, assisted living and memory care facilities, skilled nursing facilities, continuing care retirement communities, medical office buildings and other healthcare-related properties.