Charles Schwab Investment Management Inc. Raises Holdings in National HealthCare Co. (NYSEAMERICAN:NHC)

Charles Schwab Investment Management Inc. grew its stake in shares of National HealthCare Co. (NYSEAMERICAN:NHC - Free Report) by 14.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 199,315 shares of the company's stock after purchasing an additional 25,193 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.30% of National HealthCare worth $18,421,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. VELA Investment Management LLC lifted its stake in shares of National HealthCare by 12.4% in the third quarter. VELA Investment Management LLC now owns 38,020 shares of the company's stock valued at $2,433,000 after buying an additional 4,192 shares in the last quarter. Foundry Partners LLC bought a new position in shares of National HealthCare in the third quarter valued at approximately $2,492,000. WINTON GROUP Ltd boosted its position in shares of National HealthCare by 36.6% during the third quarter. WINTON GROUP Ltd now owns 4,595 shares of the company's stock valued at $294,000 after buying an additional 1,232 shares during the last quarter. Brandywine Global Investment Management LLC grew its holdings in National HealthCare by 25.7% during the third 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. Finally, Kent Lake Capital LLC purchased a new stake in National HealthCare in the 3rd quarter valued at $7,678,000. Institutional investors own 56.44% of the company's stock.

Analyst Ratings Changes

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

National HealthCare Trading Up 3.1 %

Shares of NHC stock traded up $3.09 during trading on Monday, hitting $102.33. The company had a trading volume of 56,600 shares, compared to its average volume of 67,435. National HealthCare Co. has a 52 week low of $56.87 and a 52 week high of $102.62. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of 23.63 and a beta of 0.37.

National HealthCare (NYSEAMERICAN:NHC - Get Free Report) last released its earnings results on Friday, May 10th. The company reported $0.97 earnings per share for the quarter. The company had revenue of $297.18 million during the quarter. National HealthCare had a return on equity of 6.03% and a net margin of 5.85%.

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.