Systematic Financial Management LP Has $12.68 Million Stock Holdings in National HealthCare Co. (NYSE:NHC)

Systematic Financial Management LP grew its position in National HealthCare Co. (NYSE:NHC - Free Report) by 3.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 117,884 shares of the company's stock after purchasing an additional 3,962 shares during the period. Systematic Financial Management LP owned approximately 0.76% of National HealthCare worth $12,680,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of NHC. Pinnacle Financial Partners Inc increased its stake in shares of National HealthCare by 0.9% during 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. Exchange Traded Concepts LLC raised its stake in National HealthCare by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 5,798 shares of the company's stock valued at $624,000 after buying an additional 145 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of National HealthCare by 2.3% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,966 shares of the company's stock valued at $964,000 after buying an additional 202 shares during the last quarter. Bessemer Group Inc. boosted its stake in shares of National HealthCare by 396.3% during the 4th quarter. Bessemer Group Inc. now owns 268 shares of the company's stock worth $29,000 after acquiring an additional 214 shares during the period. Finally, RWA Wealth Partners LLC boosted its stake in shares of National HealthCare by 16.7% during the 4th quarter. RWA Wealth Partners LLC now owns 2,100 shares of the company's stock worth $226,000 after acquiring an additional 300 shares during the period. 56.44% of the stock is currently owned by institutional investors.

National HealthCare Stock Performance

NHC traded up $0.31 during trading on Friday, hitting $101.90. The stock had a trading volume of 5,631 shares, compared to its average volume of 56,301. 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 firm has a market cap of $1.58 billion, a price-to-earnings ratio of 12.77 and a beta of 0.51. The company has a 50 day moving average price of $95.35 and a 200-day moving average price of $103.97. National HealthCare Co. has a one year low of $89.14 and a one year high of $138.49.

National HealthCare Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Monday, June 30th will be paid a $0.64 dividend. This is a boost from National HealthCare's previous quarterly dividend of $0.61. The ex-dividend date of this dividend is Monday, June 30th. This represents a $2.56 annualized dividend and a yield of 2.51%. National HealthCare's payout ratio is 36.99%.

Analysts Set New Price Targets

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

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.