345,118 Shares in National Health Investors, Inc. (NYSE:NHI) Bought by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. acquired a new position in National Health Investors, Inc. (NYSE:NHI - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 345,118 shares of the real estate investment trust's stock, valued at approximately $23,917,000. Balyasny Asset Management L.P. owned about 0.76% of National Health Investors at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its holdings in National Health Investors by 34.8% during the 4th quarter. Ameriprise Financial Inc. now owns 30,598 shares of the real estate investment trust's stock valued at $2,121,000 after buying an additional 7,894 shares during the period. Northern Trust Corp raised its holdings in National Health Investors by 19.9% during the 4th quarter. Northern Trust Corp now owns 613,791 shares of the real estate investment trust's stock valued at $42,536,000 after buying an additional 101,808 shares during the period. Tudor Investment Corp ET AL raised its holdings in National Health Investors by 1,642.7% during the 4th quarter. Tudor Investment Corp ET AL now owns 74,728 shares of the real estate investment trust's stock valued at $5,179,000 after buying an additional 70,440 shares during the period. Susquehanna Fundamental Investments LLC purchased a new stake in National Health Investors during the 4th quarter valued at $859,000. Finally, Price T Rowe Associates Inc. MD raised its holdings in National Health Investors by 12.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 32,039 shares of the real estate investment trust's stock valued at $2,221,000 after buying an additional 3,520 shares during the period. Institutional investors own 62.51% of the company's stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Wedbush restated an "outperform" rating and set a $88.00 price target on shares of National Health Investors in a report on Monday, March 17th. Truist Financial boosted their price objective on National Health Investors from $70.00 to $76.00 and gave the company a "hold" rating in a report on Wednesday, March 19th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, National Health Investors presently has an average rating of "Hold" and an average price target of $85.50.

National Health Investors Trading Down 1.2%

NHI traded down $0.92 during trading hours on Monday, reaching $75.85. 21,473 shares of the company's stock traded hands, compared to its average volume of 224,605. The firm has a 50-day moving average price of $74.11 and a 200 day moving average price of $72.74. National Health Investors, Inc. has a 52-week low of $63.91 and a 52-week high of $86.13. The company has a quick ratio of 10.29, a current ratio of 10.29 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $3.54 billion, a PE ratio of 26.07, a PEG ratio of 4.42 and a beta of 0.78.

National Health Investors (NYSE:NHI - Get Free Report) last issued its earnings results on Monday, May 5th. The real estate investment trust reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.02. National Health Investors had a return on equity of 10.11% and a net margin of 38.53%. The business had revenue of $68.87 million during the quarter, compared to analysts' expectations of $85.13 million. During the same period in the prior year, the business earned $1.10 EPS. The business's revenue for the quarter was up 9.6% compared to the same quarter last year. As a group, sell-side analysts predict that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Monday, June 30th will be issued a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 4.75%. The ex-dividend date of this dividend is Monday, June 30th. National Health Investors's dividend payout ratio is 114.29%.

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.