Jane Street Group LLC Has $3.63 Million Stock Holdings in National HealthCare Co. (NYSE:NHC)

Jane Street Group LLC raised its holdings in shares of National HealthCare Co. (NYSE:NHC - Free Report) by 213.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,887 shares of the company's stock after purchasing an additional 19,667 shares during the quarter. Jane Street Group LLC owned approximately 0.19% of National HealthCare worth $3,633,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in shares of National HealthCare by 3.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,022,033 shares of the company's stock valued at $110,788,000 after acquiring an additional 31,697 shares during the period. Morgan Stanley Institutional Investment Advisors LLC acquired a new stake in National HealthCare in the 3rd quarter worth about $98,156,000. Systematic Financial Management LP boosted its holdings in National HealthCare by 6.6% in the 3rd quarter. Systematic Financial Management LP now owns 113,922 shares of the company's stock valued at $14,328,000 after purchasing an additional 7,011 shares during the period. Victory Capital Management Inc. grew its position in shares of National HealthCare by 123.0% during the 2nd quarter. Victory Capital Management Inc. now owns 87,350 shares of the company's stock worth $9,469,000 after purchasing an additional 48,182 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of National HealthCare by 30.3% during the third 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. Institutional investors and hedge funds own 56.44% of the company's stock.

National HealthCare Price Performance

Shares of NHC stock traded down $1.96 during trading hours on Friday, reaching $111.87. The company's stock had a trading volume of 255,358 shares, compared to its average volume of 61,668. National HealthCare Co. has a fifty-two week low of $87.03 and a fifty-two week high of $138.49. The firm's 50 day simple moving average is $123.38 and its 200-day simple moving average is $121.84. The company has a quick ratio of 1.77, a current ratio of 1.80 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 14.02 and a beta of 0.43.

National HealthCare Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, December 30th will be paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date of this dividend is Monday, December 30th. National HealthCare's payout ratio is 30.58%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded National HealthCare from a "buy" rating to a "strong-buy" rating in a research report on Saturday, November 16th.

About National HealthCare

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.