National HealthCare (NYSEAMERICAN:NHC) Upgraded to “Strong-Buy” at Robert W. Baird

National HealthCare (NYSEAMERICAN:NHC) was upgraded by stock analysts at Robert W. Baird to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

National HealthCare Stock Performance

NYSEAMERICAN NHC opened at $196.30 on Monday. National HealthCare has a 52-week low of $93.54 and a 52-week high of $199.62. The company has a market capitalization of $3.07 billion, a P/E ratio of 24.94 and a beta of 0.64. The company has a fifty day moving average of $168.98 and a 200-day moving average of $151.30.

National HealthCare (NYSEAMERICAN:NHC) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.91 earnings per share (EPS) for the quarter. National HealthCare had a net margin of 8.10% and a return on equity of 9.98%. The company had revenue of $381.82 million during the quarter.

Institutional Trading of National HealthCare

A number of hedge funds have recently made changes to their positions in NHC. Royal Bank of Canada lifted its holdings in shares of National HealthCare by 53.6% during the 1st quarter. Royal Bank of Canada now owns 2,724 shares of the company’s stock worth $253,000 after acquiring an additional 950 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of National HealthCare by 1.7% during the 1st quarter. AQR Capital Management LLC now owns 16,080 shares of the company’s stock worth $1,492,000 after acquiring an additional 262 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of National HealthCare by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,247 shares of the company’s stock worth $858,000 after acquiring an additional 281 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of National HealthCare by 7.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 73,772 shares of the company’s stock worth $6,846,000 after acquiring an additional 4,879 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of National HealthCare by 18.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 30,246 shares of the company’s stock worth $2,807,000 after acquiring an additional 4,628 shares during the last quarter. 56.44% of the stock is owned by institutional investors.

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.