Segall Bryant & Hamill LLC Has $3.71 Million Holdings in National HealthCare Co. (NYSE:NHC)

Segall Bryant & Hamill LLC lessened its position in shares of National HealthCare Co. (NYSE:NHC) by 6.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,482 shares of the company’s stock after selling 2,435 shares during the period. Segall Bryant & Hamill LLC owned about 0.22% of National HealthCare worth $3,709,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Allworth Financial LP grew its holdings in shares of National HealthCare by 378.0% during the fourth quarter. Allworth Financial LP now owns 564 shares of the company’s stock worth $61,000 after buying 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. Captrust Financial Advisors bought a new position in shares of National HealthCare during the 3rd quarter worth approximately $233,000. Hohimer Wealth Management LLC bought a new position in shares of National HealthCare during the 3rd quarter worth approximately $274,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of National HealthCare in the third quarter valued at approximately $329,000. Institutional investors and hedge funds own 56.44% of the company’s stock.

National HealthCare Price Performance

NYSE:NHC opened at $93.17 on Friday. National HealthCare Co. has a 52-week low of $87.03 and a 52-week high of $138.49. The company has a market cap of $1.44 billion, a P/E ratio of 11.68 and a beta of 0.41. 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 stock’s 50-day simple moving average is $96.49 and its 200 day simple moving average is $111.49.

National HealthCare Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, March 28th will be given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 2.62%. The ex-dividend date is Friday, March 28th. National HealthCare’s dividend payout ratio (DPR) is 37.31%.

Wall Street Analysts Forecast Growth

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

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.