National HealthCare Co. (NYSE:NHC) Shares Bought by Deutsche Bank AG

Deutsche Bank AG increased its position in National HealthCare Co. (NYSE:NHC - Free Report) by 42.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,816 shares of the company's stock after purchasing an additional 7,088 shares during the quarter. Deutsche Bank AG owned approximately 0.15% of National HealthCare worth $2,562,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Northern Trust Corp lifted its position in shares of National HealthCare by 4.8% in the 4th quarter. Northern Trust Corp now owns 193,792 shares of the company's stock worth $20,844,000 after purchasing an additional 8,795 shares during the period. Tudor Investment Corp ET AL increased its holdings in National HealthCare by 486.2% during the fourth quarter. Tudor Investment Corp ET AL now owns 11,179 shares of the company's stock valued at $1,202,000 after buying an additional 9,272 shares during the period. Susquehanna Fundamental Investments LLC bought a new position in National HealthCare in the fourth quarter worth approximately $406,000. Voya Investment Management LLC lifted its holdings in National HealthCare by 9.5% during the fourth quarter. Voya Investment Management LLC now owns 7,081 shares of the company's stock worth $762,000 after buying an additional 614 shares during the period. Finally, Hood River Capital Management LLC lifted its holdings in National HealthCare by 5.3% during the fourth quarter. Hood River Capital Management LLC now owns 37,409 shares of the company's stock worth $4,024,000 after buying an additional 1,887 shares during the period. 56.44% of the stock is currently owned by hedge funds and other institutional investors.

National HealthCare Stock Performance

Shares of National HealthCare stock traded up $2.12 during midday trading on Tuesday, hitting $104.45. The company had a trading volume of 27,739 shares, compared to its average volume of 56,224. The company has a fifty day simple moving average of $95.95 and a 200 day simple moving average of $103.26. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of 13.09 and a beta of 0.51. The company has a quick ratio of 1.77, a current ratio of 1.80 and a debt-to-equity ratio of 0.14. National HealthCare Co. has a 12-month low of $89.14 and a 12-month high of $138.49.

National HealthCare Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Monday, June 30th will be given a dividend of $0.64 per share. This is a boost from National HealthCare's previous quarterly dividend of $0.61. This represents a $2.56 annualized dividend and a yield of 2.45%. The ex-dividend date is Monday, June 30th. National HealthCare's dividend payout ratio (DPR) is currently 36.99%.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of National HealthCare from a "buy" rating to a "strong-buy" rating in a report on Monday, May 12th.

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.