Barclays PLC Acquires 16,336 Shares of National HealthCare Co. (NYSE:NHC)

Barclays PLC raised its holdings in shares of National HealthCare Co. (NYSE:NHC - Free Report) by 345.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,063 shares of the company's stock after purchasing an additional 16,336 shares during the quarter. Barclays PLC owned 0.14% of National HealthCare worth $2,649,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in NHC. Cerity Partners LLC increased its position in shares of National HealthCare by 5.2% during the 3rd quarter. Cerity Partners LLC now owns 16,631 shares of the company's stock valued at $2,092,000 after purchasing an additional 825 shares during the last quarter. TD Asset Management Inc increased its position in National HealthCare by 51.7% during the second quarter. TD Asset Management Inc now owns 13,500 shares of the company's stock valued at $1,463,000 after acquiring an additional 4,600 shares during the last quarter. Miller Howard Investments Inc. NY purchased a new stake in shares of National HealthCare in the second quarter valued at $323,000. Allspring Global Investments Holdings LLC boosted its stake in shares of National HealthCare by 30.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 64,688 shares of the company's stock worth $8,136,000 after purchasing an additional 15,061 shares during the period. Finally, Jane Street Group LLC grew its holdings in National HealthCare by 213.3% during the 3rd quarter. Jane Street Group LLC now owns 28,887 shares of the company's stock valued at $3,633,000 after purchasing an additional 19,667 shares during the last quarter. 56.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of National HealthCare from a "buy" rating to a "strong-buy" rating in a research note on Saturday, November 16th.

National HealthCare Trading Up 0.3 %

National HealthCare stock traded up $0.34 during mid-day trading on Wednesday, hitting $111.29. The company's stock had a trading volume of 16,877 shares, compared to its average volume of 61,412. National HealthCare Co. has a one year low of $87.03 and a one year high of $138.49. The stock has a market cap of $1.72 billion, a PE ratio of 13.95 and a beta of 0.43. The company has a 50 day moving average of $122.54 and a 200-day moving average of $122.11. 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Monday, December 30th will be issued a dividend of $0.61 per share. The ex-dividend date of this dividend is Monday, December 30th. This represents a $2.44 dividend on an annualized basis and a yield of 2.19%. National HealthCare's payout ratio is 30.58%.

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.