National HealthCare Co. (NYSE:NHC) Shares Bought by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC boosted its stake in shares of National HealthCare Co. (NYSE:NHC - Free Report) by 29.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,044 shares of the company's stock after buying an additional 4,146 shares during the quarter. Knights of Columbus Asset Advisors LLC owned 0.12% of National HealthCare worth $1,941,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in NHC. Jane Street Group LLC raised its holdings in shares of National HealthCare by 213.3% in the 3rd quarter. Jane Street Group LLC now owns 28,887 shares of the company's stock valued at $3,633,000 after buying an additional 19,667 shares during the period. Barclays PLC increased its position in shares of National HealthCare by 345.6% during the third quarter. Barclays PLC now owns 21,063 shares of the company's stock worth $2,649,000 after acquiring an additional 16,336 shares during the period. Systematic Financial Management LP grew its position in shares of National HealthCare by 6.6% during the third quarter. Systematic Financial Management LP now owns 113,922 shares of the company's stock worth $14,328,000 after buying an additional 7,011 shares in the last quarter. Ellsworth Advisors LLC purchased a new stake in shares of National HealthCare in the 4th quarter valued at approximately $650,000. Finally, Semanteon Capital Management LP purchased a new stake in shares of National HealthCare during the 4th quarter worth $564,000. 56.44% of the stock is currently owned by institutional investors and hedge funds.

National HealthCare Stock Up 1.2 %

NHC stock traded up $1.15 during trading on Thursday, hitting $93.17. 62,558 shares of the company's stock were exchanged, compared to its average volume of 63,567. The business has a 50-day moving average price of $96.60 and a two-hundred day moving average price of $111.62. The company has a current ratio of 1.80, a quick ratio of 1.77 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 11.68 and a beta of 0.41. National HealthCare Co. has a 52-week low of $87.03 and a 52-week high of $138.49.

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National HealthCare Dividend Announcement

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

Analysts Set New Price Targets

Separately, StockNews.com cut National HealthCare from a "strong-buy" rating to a "buy" rating in a research note 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.