7,058 Shares in National HealthCare Co. (NYSE:NHC) Acquired by SG Americas Securities LLC

SG Americas Securities LLC bought a new position in National HealthCare Co. (NYSE:NHC - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,058 shares of the company's stock, valued at approximately $655,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Summit Global Investments grew its position in National HealthCare by 1.1% in the 1st quarter. Summit Global Investments now owns 10,745 shares of the company's stock worth $997,000 after purchasing an additional 114 shares during the last quarter. Pinnacle Financial Partners Inc grew its position in National HealthCare by 0.9% in the 4th quarter. Pinnacle Financial Partners Inc now owns 15,597 shares of the company's stock worth $1,678,000 after purchasing an additional 145 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in National HealthCare by 2.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,966 shares of the company's stock worth $964,000 after purchasing an additional 202 shares during the last quarter. Bessemer Group Inc. grew its position in National HealthCare by 396.3% in the 4th quarter. Bessemer Group Inc. now owns 268 shares of the company's stock worth $29,000 after purchasing an additional 214 shares during the last quarter. Finally, RWA Wealth Partners LLC grew its position in National HealthCare by 16.7% in the 4th quarter. RWA Wealth Partners LLC now owns 2,100 shares of the company's stock worth $226,000 after purchasing an additional 300 shares during the last quarter. Institutional investors own 56.44% of the company's stock.

National HealthCare Price Performance

Shares of National HealthCare stock traded down $1.18 on Friday, hitting $104.86. The company had a trading volume of 271,511 shares, compared to its average volume of 58,686. The business has a 50-day simple moving average of $100.41 and a 200-day simple moving average of $100.29. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.80 and a quick ratio of 1.77. The company has a market cap of $1.62 billion, a PE ratio of 13.14 and a beta of 0.55. National HealthCare Co. has a 52 week low of $89.14 and a 52 week high of $138.49.

National HealthCare Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Monday, June 30th will be issued a $0.64 dividend. The ex-dividend date is Monday, June 30th. This is a boost from National HealthCare's previous quarterly dividend of $0.61. This represents a $2.56 annualized dividend and a dividend yield of 2.44%. National HealthCare's dividend payout ratio (DPR) is 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 research report on Monday, May 12th.

National HealthCare 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.