Foundry Partners LLC Acquires 17,345 Shares of National HealthCare Co. (NYSEAMERICAN:NHC)

Foundry Partners LLC raised its position in National HealthCare Co. (NYSEAMERICAN:NHC - Free Report) by 44.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,295 shares of the company's stock after acquiring an additional 17,345 shares during the period. Foundry Partners LLC owned about 0.37% of National HealthCare worth $5,203,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Brandywine Global Investment Management LLC raised its holdings in shares of National HealthCare by 25.7% in the 3rd quarter. Brandywine Global Investment Management LLC now owns 45,589 shares of the company's stock worth $2,917,000 after buying an additional 9,313 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of National HealthCare by 17.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 174,122 shares of the company's stock worth $11,140,000 after buying an additional 25,925 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of National HealthCare by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 1,334,507 shares of the company's stock worth $85,382,000 after buying an additional 4,759 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in National HealthCare during the 4th quarter worth approximately $766,000. Finally, WINTON GROUP Ltd grew its position in National HealthCare by 36.6% during the 3rd quarter. WINTON GROUP Ltd now owns 4,595 shares of the company's stock worth $294,000 after acquiring an additional 1,232 shares during the last quarter. Institutional investors and hedge funds own 56.44% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded National HealthCare from a "buy" rating to a "strong-buy" rating in a research report on Friday, February 9th.

National HealthCare Stock Down 0.7 %

Shares of NYSEAMERICAN:NHC traded down $0.63 during midday trading on Monday, hitting $89.99. The company had a trading volume of 41,949 shares, compared to its average volume of 75,171. National HealthCare Co. has a 12 month low of $55.50 and a 12 month high of $101.81. The firm has a market capitalization of $1.39 billion, a P/E ratio of 20.74 and a beta of 0.36.

National HealthCare (NYSEAMERICAN:NHC - Get Free Report) last posted its quarterly earnings results on Friday, February 16th. The company reported $0.98 earnings per share (EPS) for the quarter. The business had revenue of $300.91 million for the quarter. National HealthCare had a return on equity of 6.03% and a net margin of 5.85%.

National HealthCare Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Friday, March 29th will be paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.62%. The ex-dividend date of this dividend is Wednesday, March 27th. National HealthCare's payout ratio is presently 54.50%.

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.