Systematic Financial Management LP Has $14.33 Million Stock Position in National HealthCare Co. (NYSE:NHC)

Systematic Financial Management LP lifted its stake in shares of National HealthCare Co. (NYSE:NHC - Free Report) by 6.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 113,922 shares of the company's stock after purchasing an additional 7,011 shares during the period. Systematic Financial Management LP owned 0.74% of National HealthCare worth $14,328,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in National HealthCare by 196.2% in the 2nd quarter. GAMMA Investing LLC now owns 231 shares of the company's stock valued at $25,000 after purchasing an additional 153 shares during the last quarter. Copeland Capital Management LLC acquired a new stake in shares of National HealthCare in the third quarter valued at approximately $62,000. Innealta Capital LLC acquired a new stake in shares of National HealthCare in the second quarter valued at approximately $98,000. Reliant Investment Management LLC bought a new position in shares of National HealthCare during the 3rd quarter worth approximately $203,000. Finally, Blue Trust Inc. increased its holdings in shares of National HealthCare by 6,700.0% during the 2nd quarter. Blue Trust Inc. now owns 2,040 shares of the company's stock worth $221,000 after acquiring an additional 2,010 shares during the last quarter. Institutional investors and hedge funds own 56.44% of the company's stock.

Analysts Set New Price Targets

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

National HealthCare Stock Performance

Shares of NHC stock traded down $1.43 during midday trading on Friday, hitting $123.64. 29,325 shares of the company were exchanged, compared to its average volume of 61,325. National HealthCare Co. has a 52 week low of $85.93 and a 52 week high of $138.49. The firm has a market capitalization of $1.91 billion, a P/E ratio of 15.65 and a beta of 0.43. The firm's 50 day moving average price is $123.73 and its two-hundred day moving average price is $120.54. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, December 30th will be given a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 1.97%. The ex-dividend date is Monday, December 30th. 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.