National Health Investors (NYSE:NHI) Stock Passes Above 200 Day Moving Average of $52.88

Shares of National Health Investors, Inc. (NYSE:NHIGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $52.88 and traded as high as $53.51. National Health Investors shares last traded at $53.35, with a volume of 149,537 shares trading hands.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on NHI. Wells Fargo & Company lifted their price target on shares of National Health Investors from $54.00 to $55.00 and gave the company an “equal weight” rating in a report on Monday, November 27th. StockNews.com raised shares of National Health Investors from a “hold” rating to a “buy” rating in a report on Friday, January 26th. Deutsche Bank Aktiengesellschaft began coverage on shares of National Health Investors in a report on Tuesday, January 30th. They set a “buy” rating and a $69.00 price target on the stock. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $55.00 price target on shares of National Health Investors in a report on Tuesday, November 28th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $55.75.

View Our Latest Stock Analysis on National Health Investors

National Health Investors Trading Up 1.1 %

The firm’s 50-day moving average is $55.08 and its 200 day moving average is $52.88. The company has a current ratio of 11.70, a quick ratio of 11.70 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $2.32 billion, a price-to-earnings ratio of 21.95 and a beta of 0.92.

Institutional Investors Weigh In On National Health Investors

Several hedge funds have recently added to or reduced their stakes in the business. Lazard Asset Management LLC acquired a new position in shares of National Health Investors in the 2nd quarter worth approximately $32,000. International Assets Investment Management LLC acquired a new position in shares of National Health Investors in the 3rd quarter worth approximately $38,000. Advisory Services Network LLC lifted its position in shares of National Health Investors by 71.8% in the 1st quarter. Advisory Services Network LLC now owns 737 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 308 shares during the period. Baystate Wealth Management LLC acquired a new position in shares of National Health Investors in the 4th quarter worth approximately $39,000. Finally, Sound Income Strategies LLC lifted its position in shares of National Health Investors by 33.5% in the 4th quarter. Sound Income Strategies LLC now owns 916 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 230 shares during the period. 62.14% of the stock is currently owned by institutional investors and hedge funds.

About National Health Investors

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for National Health Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Health Investors and related companies with MarketBeat.com's FREE daily email newsletter.