5,806 Shares in National Health Investors, Inc. (NYSE:NHI) Purchased by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP purchased a new stake in shares of National Health Investors, Inc. (NYSE:NHI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 5,806 shares of the real estate investment trust’s stock, valued at approximately $402,000.

Several other institutional investors and hedge funds have also bought and sold shares of NHI. Baird Financial Group Inc. bought a new position in shares of National Health Investors during the fourth quarter valued at approximately $385,000. Balyasny Asset Management L.P. bought a new position in National Health Investors in the 4th quarter worth $23,917,000. Ameriprise Financial Inc. lifted its position in shares of National Health Investors by 34.8% in the 4th quarter. Ameriprise Financial Inc. now owns 30,598 shares of the real estate investment trust’s stock worth $2,121,000 after purchasing an additional 7,894 shares during the period. Northern Trust Corp boosted its stake in shares of 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 purchasing an additional 101,808 shares in the last quarter. Finally, Tudor Investment Corp ET AL increased its position in shares of National Health Investors by 1,642.7% during the fourth 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. Hedge funds and other institutional investors own 62.51% of the company’s stock.

Analyst Upgrades and Downgrades

NHI has been the topic of several research reports. Wedbush reaffirmed an “outperform” rating and set a $88.00 price objective on shares of National Health Investors in a research report on Monday, March 17th. Truist Financial raised their target price on National Health Investors from $70.00 to $76.00 and gave the company a “hold” rating in a research note on Wednesday, March 19th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $85.50.

National Health Investors Trading Up 1.2 %

NYSE:NHI opened at $76.78 on Friday. The firm has a market capitalization of $3.59 billion, a P/E ratio of 26.38, a PEG ratio of 4.42 and a beta of 0.78. The company has a debt-to-equity ratio of 0.92, a current ratio of 10.29 and a quick ratio of 10.29. National Health Investors, Inc. has a one year low of $63.91 and a one year high of $86.13. The company’s 50-day simple moving average is $74.11 and its 200 day simple moving average is $72.76.

National Health Investors (NYSE:NHI) last issued its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $1.15 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $68.87 million for the quarter, compared to analysts’ expectations of $85.13 million. During the same period in the previous year, the firm posted $1.10 EPS. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. As a group, analysts forecast that National Health Investors, Inc. will post 4.41 EPS for the current fiscal year.

National Health Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Monday, June 30th will be issued a dividend of $0.90 per share. The ex-dividend date is Monday, June 30th. This represents a $3.60 annualized dividend and a dividend yield of 4.69%. National Health Investors’s payout ratio is presently 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.