According to Zacks, “National Health Investors, Inc. is a real estate investment trust which invests in income producing health care properties primarily in the long-term care industry. The company provides current income for distribution to stockholders through investments in health care related facilities, including long-term care facilities, acute care hospitals, medical office buildings, retirement centers and assisted living facilities. “
NYSE:NHI opened at $82.70 on Tuesday. National Health Investors has a 12-month low of $70.54 and a 12-month high of $84.75. The company has a quick ratio of 14.42, a current ratio of 14.42 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $3.55 billion, a P/E ratio of 15.09, a P/E/G ratio of 3.73 and a beta of 0.33. The stock’s fifty day simple moving average is $82.06 and its 200-day simple moving average is $79.16.
In other news, CIO Kevin Carlton Pascoe sold 900 shares of the firm’s stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $82.46, for a total value of $74,214.00. Following the transaction, the executive now directly owns 27,826 shares in the company, valued at approximately $2,294,531.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.11% of the stock is owned by company insiders.
Large investors have recently bought and sold shares of the company. Marshall Wace North America L.P. bought a new position in shares of National Health Investors in the 1st quarter worth $31,000. Krane Funds Advisors LLC acquired a new stake in National Health Investors during the 2nd quarter worth $58,000. Doyle Wealth Management acquired a new stake in National Health Investors during the 2nd quarter worth $78,000. Tower Research Capital LLC TRC raised its stake in National Health Investors by 648.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,259 shares of the real estate investment trust’s stock worth $176,000 after buying an additional 1,957 shares during the period. Finally, Assetmark Inc. raised its stake in National Health Investors by 21.5% during the 2nd quarter. Assetmark Inc. now owns 2,513 shares of the real estate investment trust’s stock worth $196,000 after buying an additional 445 shares during the period. Institutional investors and hedge funds own 69.72% of the company’s stock.
About National Health Investors
Incorporated in 1991, National Health Investors, Inc (NYSE: NHI) is a real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI's portfolio consists of independent, assisted and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings and specialty hospitals.
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