Segall Bryant & Hamill LLC Sells 2,435 Shares of National HealthCare Co. (NYSE:NHC)

Segall Bryant & Hamill LLC lowered its holdings in shares of National HealthCare Co. (NYSE:NHC) by 6.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 34,482 shares of the company’s stock after selling 2,435 shares during the period. Segall Bryant & Hamill LLC’s holdings in National HealthCare were worth $3,709,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Jane Street Group LLC lifted its position in shares of National HealthCare by 213.3% in the third quarter. Jane Street Group LLC now owns 28,887 shares of the company’s stock valued at $3,633,000 after buying an additional 19,667 shares during the last quarter. Barclays PLC lifted its holdings in National HealthCare by 345.6% during the 3rd quarter. Barclays PLC now owns 21,063 shares of the company’s stock valued at $2,649,000 after purchasing an additional 16,336 shares during the last quarter. Prudential Financial Inc. increased its holdings in shares of National HealthCare by 98.2% in the fourth quarter. Prudential Financial Inc. now owns 28,192 shares of the company’s stock valued at $3,032,000 after purchasing an additional 13,970 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of National HealthCare in the fourth quarter valued at about $854,000. Finally, Systematic Financial Management LP lifted its stake in shares of National HealthCare by 6.6% during the 3rd quarter. Systematic Financial Management LP now owns 113,922 shares of the company’s stock worth $14,328,000 after buying an additional 7,011 shares during the last quarter. Institutional investors and hedge funds own 56.44% of the company’s stock.

National HealthCare Stock Performance

NYSE:NHC opened at $93.17 on Friday. The stock has a 50 day simple moving average of $96.49 and a 200 day simple moving average of $111.49. The stock has a market cap of $1.44 billion, a P/E ratio of 11.68 and a beta of 0.41. National HealthCare Co. has a 1-year low of $87.03 and a 1-year high of $138.49. The company has a current ratio of 1.80, a quick ratio of 1.77 and a debt-to-equity ratio of 0.14.

National HealthCare Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, March 28th will be issued a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date of this dividend is Friday, March 28th. National HealthCare’s dividend payout ratio is currently 37.31%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of National HealthCare from a “strong-buy” rating to a “buy” rating in a research note on Monday, March 3rd.

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.