Roman Butler Fullerton & Co. Has $490,000 Holdings in National Health Investors, Inc. (NYSE:NHI)

Roman Butler Fullerton & Co. lessened its stake in National Health Investors, Inc. (NYSE:NHI) by 6.5% in the 4th quarter, HoldingsChannel reports. The fund owned 6,916 shares of the real estate investment trust’s stock after selling 480 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in National Health Investors were worth $490,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in NHI. Quarry LP acquired a new stake in National Health Investors in the 3rd quarter valued at about $27,000. Covestor Ltd grew its position 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 buying an additional 405 shares during the period. Point72 DIFC Ltd acquired a new stake in shares of National Health Investors during the 3rd quarter worth approximately $35,000. Loomis Sayles & Co. L P acquired a new stake in shares of National Health Investors during the 3rd quarter worth approximately $38,000. Finally, Assetmark Inc. grew its position in shares of National Health Investors by 27.8% during the 3rd 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 period. Institutional investors and hedge funds own 62.51% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Truist Financial lowered their price target on shares of National Health Investors from $78.00 to $72.00 and set a “hold” rating for the company in a research report on Monday, December 23rd. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $76.60.

National Health Investors Stock Down 0.4 %

Shares of NYSE:NHI opened at $67.53 on Friday. National Health Investors, Inc. has a one year low of $51.96 and a one year high of $86.13. The company has a 50 day moving average of $69.06 and a 200-day moving average of $75.30. The company has a debt-to-equity ratio of 0.92, a current ratio of 10.29 and a quick ratio of 10.29. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of 23.21, a P/E/G ratio of 4.36 and a beta of 1.06.

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.