Todd Stender said this week that shares of National Health Investors have gotten ahead of the market a bit after a 15 percent run in the past three months. The Wells Fargo Securities analyst has downgraded the stock (Ticker: NHI) to 'market perform' from 'outperform.'
Stender's move came shortly after NHI filed with the Securities and Exchange Commission a note updating investors on the status of its legal battle with a nonprofit that owns seven nursing homes. ElderTrust of Florida, NHI execs wrote, has apparently stopped making principal payments on its mortgage with the Murfreesboro company. Attorneys have filed papers to put ElderTrust into default status.
- ALEX B FRUIN INHERITANCE TRUST; CANDACE F STEFANSIC INHERITANCE TRUST; CANDANCE F STEFANSIC INHERITANCE TRUST; FRUIN, ALEX B TRUSTEE; FRUIN ALEX B INHERITANCE TRUST; STEFANSIC, CANDACE F TRUSTEE; STEFANSIC CANDACE F INHERITANCE TRUST; STEFANSIC CANDANCE F INHERITANCE TRUST
- ROSS, BRIDGETT D
- COOKE, ETHEN LANYARD TRUSTEE; COOKE, ETHEN LEWIS ESTATE
- JACOBS, JESSICA ALEXANDRA; JACOBS, ERIKA BESS