National HealthCare Co. (NYSE:NHC) Shares Sold by Jane Street Group LLC

Jane Street Group LLC decreased its holdings in National HealthCare Co. (NYSE:NHC - Free Report) by 35.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,634 shares of the company's stock after selling 10,253 shares during the quarter. Jane Street Group LLC owned approximately 0.12% of National HealthCare worth $2,004,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC grew its holdings in shares of National HealthCare by 345.6% during the 3rd quarter. Barclays PLC now owns 21,063 shares of the company's stock worth $2,649,000 after purchasing an additional 16,336 shares during the period. American Century Companies Inc. grew its holdings in shares of National HealthCare by 10.6% during the 4th quarter. American Century Companies Inc. now owns 32,141 shares of the company's stock worth $3,457,000 after purchasing an additional 3,084 shares during the period. Bank of Montreal Can grew its holdings in shares of National HealthCare by 48.7% during the 4th quarter. Bank of Montreal Can now owns 5,684 shares of the company's stock worth $611,000 after purchasing an additional 1,861 shares during the period. Principal Financial Group Inc. lifted its position in National HealthCare by 3.5% during the 4th quarter. Principal Financial Group Inc. now owns 63,739 shares of the company's stock worth $6,856,000 after acquiring an additional 2,140 shares in the last quarter. Finally, Invesco Ltd. lifted its position in National HealthCare by 2.8% during the 4th quarter. Invesco Ltd. now owns 164,911 shares of the company's stock worth $17,738,000 after acquiring an additional 4,435 shares in the last quarter. Hedge funds and other institutional investors own 56.44% of the company's stock.

Analyst Ratings Changes

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

National HealthCare Stock Down 1.6%

National HealthCare stock traded down $1.69 during midday trading on Thursday, hitting $101.59. 26,393 shares of the company were exchanged, compared to its average volume of 56,830. The company's fifty day moving average price is $95.35 and its 200-day moving average price is $103.97. The company has a market cap of $1.57 billion, a PE ratio of 12.73 and a beta of 0.51. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.80 and a quick ratio of 1.77. National HealthCare Co. has a fifty-two week low of $89.14 and a fifty-two week 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. The ex-dividend date is Monday, June 30th. This is a positive change from National HealthCare's previous quarterly dividend of $0.61. This represents a $2.56 annualized dividend and a yield of 2.52%. National HealthCare's payout ratio is 36.99%.

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.