National HealthCare Co. (NYSE:NHC) Shares Purchased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL boosted its position in National HealthCare Co. (NYSE:NHC - Free Report) by 486.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,179 shares of the company's stock after buying an additional 9,272 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.07% of National HealthCare worth $1,202,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bessemer Group Inc. grew its holdings in National HealthCare by 396.3% in the 4th quarter. Bessemer Group Inc. now owns 268 shares of the company's stock worth $29,000 after buying an additional 214 shares in the last quarter. Sterling Capital Management LLC grew its holdings in National HealthCare by 809.1% in the 4th quarter. Sterling Capital Management LLC now owns 400 shares of the company's stock worth $43,000 after buying an additional 356 shares in the last quarter. Allworth Financial LP grew its holdings in National HealthCare by 378.0% in the 4th quarter. Allworth Financial LP now owns 564 shares of the company's stock worth $61,000 after buying an additional 446 shares in the last quarter. Global Retirement Partners LLC bought a new position in National HealthCare in the 4th quarter worth approximately $83,000. Finally, RWA Wealth Partners LLC grew its holdings in National HealthCare by 16.7% in the 4th quarter. RWA Wealth Partners LLC now owns 2,100 shares of the company's stock worth $226,000 after buying an additional 300 shares in the last quarter. 56.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com lowered National HealthCare from a "strong-buy" rating to a "buy" rating in a report on Monday, March 3rd.

National HealthCare Stock Performance

NHC stock traded up $5.88 on Friday, reaching $100.54. The company's stock had a trading volume of 54,828 shares, compared to its average volume of 57,551. National HealthCare Co. has a 52 week low of $89.14 and a 52 week high of $138.49. The company has a market capitalization of $1.55 billion, a P/E ratio of 12.60 and a beta of 0.51. The firm has a fifty day moving average of $93.20 and a two-hundred day moving average of $104.61. 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 Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Monday, June 30th will be given a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a yield of 2.55%. This is an increase from National HealthCare's previous quarterly dividend of $0.61. The ex-dividend date is Monday, June 30th. National HealthCare's dividend payout ratio is 36.99%.

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.