Fairvoy Private Wealth LLC Acquires Shares of 3,000 National Health Investors, Inc. (NYSE:NHI)

Fairvoy Private Wealth LLC bought a new stake in shares of National Health Investors, Inc. (NYSE:NHI) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 3,000 shares of the real estate investment trust’s stock, valued at approximately $208,000.

Several other large investors also recently modified their holdings of the stock. Jane Street Group LLC lifted its position in National Health Investors by 68.3% during the third quarter. Jane Street Group LLC now owns 60,099 shares of the real estate investment trust’s stock worth $5,052,000 after purchasing an additional 24,380 shares during the period. Thrivent Financial for Lutherans acquired a new position in shares of National Health Investors in the 3rd quarter valued at approximately $2,426,000. Point72 Asset Management L.P. bought a new stake in shares of National Health Investors during the 3rd quarter worth approximately $688,000. Charles Schwab Investment Management Inc. boosted its position in shares of National Health Investors by 17.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 852,377 shares of the real estate investment trust’s stock worth $71,651,000 after acquiring an additional 123,596 shares in the last quarter. Finally, Intech Investment Management LLC bought a new position in National Health Investors in the third quarter valued at approximately $720,000. 62.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on NHI shares. Truist Financial cut their target price on 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. StockNews.com downgraded National Health Investors from a “buy” rating to a “hold” rating in a research report on Tuesday, October 15th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $76.60.

National Health Investors Stock Performance

NYSE NHI opened at $67.57 on Friday. The firm’s fifty day moving average price is $69.95 and its two-hundred day moving average price is $75.57. The stock has a market cap of $3.07 billion, a PE ratio of 23.22, a PEG ratio of 4.32 and a beta of 1.06. The company has a debt-to-equity ratio of 0.92, a quick ratio of 10.29 and a current ratio of 10.29. National Health Investors, Inc. has a fifty-two week low of $51.70 and a fifty-two week high of $86.13.

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