JPMorgan Chase & Co. Has $128.24 Million Holdings in National Health Investors, Inc. $NHI

JPMorgan Chase & Co. lifted its position in National Health Investors, Inc. (NYSE:NHI) by 34.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,613,051 shares of the real estate investment trust’s stock after acquiring an additional 409,559 shares during the quarter. JPMorgan Chase & Co.’s holdings in National Health Investors were worth $128,238,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Metis Global Partners LLC increased its stake in National Health Investors by 34.1% in the 2nd quarter. Metis Global Partners LLC now owns 7,719 shares of the real estate investment trust’s stock valued at $541,000 after buying an additional 1,964 shares during the period. Stephens Inc. AR grew its holdings in shares of National Health Investors by 10.8% during the 2nd quarter. Stephens Inc. AR now owns 8,662 shares of the real estate investment trust’s stock valued at $607,000 after acquiring an additional 842 shares in the last quarter. Woodmont Investment Counsel LLC increased its stake in shares of National Health Investors by 23.9% in the third quarter. Woodmont Investment Counsel LLC now owns 96,287 shares of the real estate investment trust’s stock worth $7,655,000 after acquiring an additional 18,582 shares during the last quarter. Strs Ohio increased its stake in shares of National Health Investors by 293.6% in the third quarter. Strs Ohio now owns 167,300 shares of the real estate investment trust’s stock worth $13,300,000 after acquiring an additional 124,800 shares during the last quarter. Finally, Edgestream Partners L.P. raised its holdings in shares of National Health Investors by 139.7% during the second quarter. Edgestream Partners L.P. now owns 37,425 shares of the real estate investment trust’s stock worth $2,624,000 after acquiring an additional 21,813 shares in the last quarter. Institutional investors and hedge funds own 62.51% of the company’s stock.

National Health Investors Stock Performance

Shares of NYSE NHI opened at $88.59 on Friday. The business’s 50-day simple moving average is $80.68 and its 200-day simple moving average is $78.26. The company has a debt-to-equity ratio of 0.74, a quick ratio of 10.64 and a current ratio of 10.64. National Health Investors, Inc. has a 52 week low of $66.41 and a 52 week high of $91.38. The firm has a market cap of $4.22 billion, a price-to-earnings ratio of 27.94, a P/E/G ratio of 3.03 and a beta of 0.66.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on NHI shares. Cantor Fitzgerald set a $85.00 target price on National Health Investors in a research note on Monday, January 5th. Deutsche Bank Aktiengesellschaft cut National Health Investors from a “buy” rating to a “hold” rating and set a $85.00 price target for the company. in a research note on Tuesday, January 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of National Health Investors in a research report on Monday, December 29th. KeyCorp lifted their target price on shares of National Health Investors from $80.00 to $88.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. Finally, National Bank Financial set a $85.00 price target on shares of National Health Investors in a research note on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $85.57.

About National Health Investors

National Health Investors, Inc (NYSE: NHI) is a specialized real estate investment trust (REIT) focused on owning and financing high-quality healthcare and senior housing facilities in the United States. The company’s portfolio encompasses a diverse range of properties, including skilled nursing centers, assisted living and memory care communities, behavioral health facilities, dialysis clinics, and medical office buildings. NHI typically enters into long-term net-lease agreements with experienced healthcare operators, providing stable and predictable rental income streams while enabling its tenants to concentrate on delivering quality care.

Since its founding in 1991 and initial public offering later that year, National Health Investors has pursued a disciplined growth strategy centered on strategic acquisitions, joint ventures, and selective development.