National Health Investors has made a $9.2 million, two-year loan to Bickford Senior Living — its partner in a growing joint venture — to fund the latter's acquisition of six communities in four Midwestern states. The NHI/Bickford JV holds an option to buy the centers for almost $100 million.
Cantor Fitzgerald hospital analyst Joe France has become the latest follower of HCA Holdings to give a big lift to his price target. France on Tuesday told clients he sees shares of the Nashville-based hospital giant climbing to $45, up from his previous target of $35. HCA shares (Ticker: HCA) closed Tuesday's trading at $37.50.
Analysts at Barclays Capital have launched coverage of various health care providers and real estate investment trusts with mostly equalweight ratings. Among the companies they suggest investors accumulate is nursing home operator Brookdale Senior Living. They see shares of the company climbing to $31 from their current levels of around $27 (Ticker: BKD).