Tower Research Capital LLC TRC Purchases 1,758 Shares of National HealthCare Co. (NYSE:NHC)

Tower Research Capital LLC TRC boosted its stake in shares of National HealthCare Co. (NYSE:NHC) by 48.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,411 shares of the company’s stock after buying an additional 1,758 shares during the quarter. Tower Research Capital LLC TRC’s holdings in National HealthCare were worth $582,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Bessemer Group Inc. boosted its position in National HealthCare by 396.3% in the 4th quarter. Bessemer Group Inc. now owns 268 shares of the company’s stock valued at $29,000 after buying an additional 214 shares during the period. Sterling Capital Management LLC raised its holdings in shares of National HealthCare by 809.1% in the 4th quarter. Sterling Capital Management LLC now owns 400 shares of the company’s stock valued at $43,000 after purchasing an additional 356 shares in the last quarter. Allworth Financial LP raised its holdings in shares of National HealthCare by 378.0% in the 4th quarter. Allworth Financial LP now owns 564 shares of the company’s stock valued at $61,000 after purchasing an additional 446 shares in the last quarter. Global Retirement Partners LLC bought a new stake in shares of National HealthCare in the 4th quarter valued at about $83,000. Finally, RWA Wealth Partners LLC raised its holdings in shares of National HealthCare by 16.7% in the 4th quarter. RWA Wealth Partners LLC now owns 2,100 shares of the company’s stock valued at $226,000 after purchasing an additional 300 shares in the last quarter. 56.44% of the stock is owned by hedge funds and other institutional investors.

National HealthCare Trading Up 1.3 %

NYSE:NHC opened at $95.85 on Tuesday. National HealthCare Co. has a one year low of $89.14 and a one year high of $138.49. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.77 and a current ratio of 1.80. The firm has a market cap of $1.48 billion, a P/E ratio of 12.01 and a beta of 0.42. The firm has a 50-day simple moving average of $92.75 and a 200-day simple moving average of $106.21.

National HealthCare Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Friday, March 28th were paid a dividend of $0.61 per share. The ex-dividend date was Friday, March 28th. This represents a $2.44 annualized dividend and a dividend yield of 2.55%. National HealthCare’s dividend payout ratio (DPR) is presently 37.31%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of National HealthCare from a “strong-buy” rating to a “buy” rating in a report on Monday, March 3rd.

National HealthCare Profile

National HealthCare Corporation engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals. Its skilled nursing facilities offer licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services, as well as medical services prescribed by physicians; and rehabilitative services, such as physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.