Sumitomo Mitsui DS Asset Management Company Ltd Has $628,000 Stock Holdings in National Health Investors, Inc. (NYSE:NHI)

Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of National Health Investors, Inc. (NYSE:NHI) by 12.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,064 shares of the real estate investment trust’s stock after buying an additional 969 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in National Health Investors were worth $628,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Quarry LP purchased a new stake in shares of National Health Investors during the third quarter worth $27,000. Covestor Ltd raised its stake in shares of National Health Investors by 2,700.0% during the 3rd quarter. Covestor Ltd now owns 420 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 405 shares in the last quarter. Point72 DIFC Ltd acquired a new stake in shares of National Health Investors during the 3rd quarter valued at about $35,000. Loomis Sayles & Co. L P bought a new stake in shares of National Health Investors in the 3rd quarter valued at approximately $38,000. Finally, Assetmark Inc. increased its holdings in National Health Investors by 27.8% in the third quarter. Assetmark Inc. now owns 648 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 141 shares during the last quarter. 62.51% of the stock is currently owned by hedge funds and other institutional investors.

National Health Investors Trading Down 0.9 %

Shares of NHI stock opened at $66.33 on Wednesday. National Health Investors, Inc. has a 12 month low of $51.91 and a 12 month high of $86.13. The company has a market cap of $3.01 billion, a PE ratio of 22.79, a price-to-earnings-growth ratio of 4.36 and a beta of 1.06. The company has a quick ratio of 10.29, a current ratio of 10.29 and a debt-to-equity ratio of 0.92. The business’s 50 day moving average is $69.57 and its two-hundred day moving average is $75.48.

Wall Street Analyst Weigh In

A number of research firms have issued reports on NHI. StockNews.com cut shares of National Health Investors from a “buy” rating to a “hold” rating in a research note on Tuesday, October 15th. Truist Financial reduced their price objective on shares of 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. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $76.60.

National Health Investors 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.