Jane Street Group LLC Lowers Stock Position in National HealthCare Co. (NYSE:NHC)

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

Other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC grew its position in shares of National HealthCare by 345.6% during the third quarter. Barclays PLC now owns 21,063 shares of the company's stock worth $2,649,000 after acquiring an additional 16,336 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of National HealthCare by 6.5% during the third quarter. Franklin Resources Inc. now owns 6,655 shares of the company's stock worth $806,000 after buying an additional 409 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of National HealthCare by 6.0% during the third quarter. JPMorgan Chase & Co. now owns 43,073 shares of the company's stock worth $5,417,000 after buying an additional 2,419 shares during the last quarter. Ellsworth Advisors LLC purchased a new stake in National HealthCare during the 4th quarter valued at approximately $650,000. Finally, Inspire Investing LLC lifted its position in National HealthCare by 10.5% during the 4th quarter. Inspire Investing LLC now owns 4,092 shares of the company's stock worth $440,000 after acquiring an additional 390 shares during the period. Institutional investors and hedge funds own 56.44% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised National HealthCare from a "buy" rating to a "strong-buy" rating in a report on Monday, May 12th.

National HealthCare Price Performance

Shares of NYSE NHC traded down $0.78 on Tuesday, hitting $105.65. The company's stock had a trading volume of 24,754 shares, compared to its average volume of 57,408. 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 stock has a 50 day moving average of $94.72 and a 200-day moving average of $104.07. National HealthCare Co. has a 12-month low of $89.14 and a 12-month high of $138.49. The company has a market capitalization of $1.63 billion, a price-to-earnings ratio of 13.24 and a beta of 0.51.

National HealthCare Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Monday, June 30th will be given a dividend of $0.64 per share. This is an increase 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 2.42%. National HealthCare's dividend payout ratio (DPR) is presently 36.99%.

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.