National HealthCare Co. (NYSE:NHC) Shares Acquired by Tower Research Capital LLC TRC

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

A number of other hedge funds have also bought and sold shares of the stock. Bessemer Group Inc. boosted its holdings in shares of 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 acquiring an additional 214 shares during the last quarter. Sterling Capital Management LLC boosted 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 acquiring an additional 356 shares during the last quarter. Allworth Financial LP boosted 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 acquiring an additional 446 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in shares of National HealthCare in the 4th quarter valued at $83,000. Finally, RWA Wealth Partners LLC boosted 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 acquiring an additional 300 shares during the last quarter. Institutional investors and hedge funds own 56.44% of the company’s stock.

Analyst Upgrades and Downgrades

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

National HealthCare Stock Performance

Shares of NYSE NHC opened at $95.85 on Tuesday. The company’s fifty day moving average price is $92.75 and its 200 day moving average price is $106.21. National HealthCare Co. has a 1 year low of $89.14 and a 1 year high of $138.49. The company has a market capitalization of $1.48 billion, a PE ratio of 12.01 and a beta of 0.42. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.77 and a current ratio of 1.80.

National HealthCare Dividend Announcement

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

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.