Systematic Financial Management LP Acquires 3,962 Shares of National HealthCare Co. (NYSE:NHC)

Systematic Financial Management LP raised its holdings in National HealthCare Co. (NYSE:NHC) by 3.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 117,884 shares of the company’s stock after purchasing an additional 3,962 shares during the period. Systematic Financial Management LP’s holdings in National HealthCare were worth $12,680,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of NHC. Bessemer Group Inc. increased its position in National HealthCare by 396.3% during the 4th quarter. Bessemer Group Inc. now owns 268 shares of the company’s stock worth $29,000 after purchasing an additional 214 shares in the last quarter. Sterling Capital Management LLC increased its position in National HealthCare by 809.1% during the 4th quarter. Sterling Capital Management LLC now owns 400 shares of the company’s stock worth $43,000 after purchasing an additional 356 shares in the last quarter. Allworth Financial LP increased its position in National HealthCare by 378.0% during the 4th quarter. Allworth Financial LP now owns 564 shares of the company’s stock worth $61,000 after purchasing an additional 446 shares in the last quarter. Global Retirement Partners LLC acquired a new position in National HealthCare during the 4th quarter worth approximately $83,000. Finally, RWA Wealth Partners LLC increased its position in National HealthCare by 16.7% during the 4th quarter. RWA Wealth Partners LLC now owns 2,100 shares of the company’s stock worth $226,000 after purchasing an additional 300 shares in the last quarter. Institutional investors own 56.44% of the company’s stock.

National HealthCare Trading Up 1.9%

NHC opened at $108.61 on Friday. National HealthCare Co. has a twelve month low of $89.14 and a twelve month high of $138.49. The company has a quick ratio of 1.77, a current ratio of 1.80 and a debt-to-equity ratio of 0.14. The company has a fifty day moving average of $94.47 and a 200-day moving average of $104.24. The stock has a market cap of $1.68 billion, a PE ratio of 13.61 and a beta of 0.51.

National HealthCare Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Monday, June 30th will be issued a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a yield of 2.36%. This is a boost from National HealthCare’s previous quarterly dividend of $0.61. The ex-dividend date is Monday, June 30th. National HealthCare’s dividend payout ratio (DPR) is presently 36.99%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of National HealthCare from a “buy” rating to a “strong-buy” rating in a research report on Monday, May 12th.

National HealthCare Company 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.