Leuthold Group LLC acquired a new position in shares of National HealthCare Corporation (NYSEAMERICAN:NHC – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,155 shares of the company’s stock, valued at approximately $433,000.
Other large investors have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new stake in National HealthCare during the third quarter worth about $25,000. Quarry LP increased its holdings in National HealthCare by 171.9% during the third quarter. Quarry LP now owns 261 shares of the company’s stock worth $32,000 after buying an additional 165 shares during the last quarter. Exchange Traded Concepts LLC purchased a new stake in National HealthCare during the fourth quarter worth about $71,000. Raymond James Financial Inc. purchased a new stake in National HealthCare during the second quarter worth about $58,000. Finally, EverSource Wealth Advisors LLC increased its holdings in National HealthCare by 219.7% during the second quarter. EverSource Wealth Advisors LLC now owns 633 shares of the company’s stock worth $68,000 after buying an additional 435 shares during the last quarter. Hedge funds and other institutional investors own 56.44% of the company’s stock.
National HealthCare Stock Performance
NYSEAMERICAN NHC opened at $193.65 on Monday. National HealthCare Corporation has a 52-week low of $93.54 and a 52-week high of $199.62. The company has a 50-day simple moving average of $168.42 and a 200 day simple moving average of $150.78. The company has a market capitalization of $3.02 billion, a PE ratio of 24.61 and a beta of 0.64.
National HealthCare Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid a $0.67 dividend. The ex-dividend date is Tuesday, June 30th. This is a positive change from National HealthCare’s previous quarterly dividend of $0.64. This represents a $2.68 annualized dividend and a dividend yield of 1.4%. National HealthCare’s dividend payout ratio is 59.12%.
National HealthCare Company Profile
National HealthCare Corporation (NYSE American: NHC) is a healthcare services company specializing in long-term care and post-acute rehabilitation. The company operates skilled nursing facilities, assisted living communities and outpatient therapy clinics. Through its subsidiary, National HealthCare Partners, NHC provides contract rehabilitation services, pharmacy management and clinical consulting to a broad network of senior living and healthcare providers.
Headquartered in Murfreesboro, Tennessee, National HealthCare Corporation has built a regional footprint across the southeastern and south-central United States.
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