Semanteon Capital Management LP Makes New Investment in National HealthCare Co. (NYSE:NHC)

Semanteon Capital Management LP acquired a new stake in National HealthCare Co. (NYSE:NHC) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 5,239 shares of the company’s stock, valued at approximately $564,000.

Several other hedge funds also recently modified their holdings of NHC. Morgan Stanley Institutional Investment Advisors LLC bought a new stake in shares of National HealthCare in the 3rd quarter valued at $98,156,000. Jane Street Group LLC increased its stake in shares of National HealthCare by 213.3% in the 3rd quarter. Jane Street Group LLC now owns 28,887 shares of the company’s stock valued at $3,633,000 after acquiring an additional 19,667 shares in the last quarter. Barclays PLC increased its stake in shares of National HealthCare by 345.6% in the 3rd quarter. Barclays PLC now owns 21,063 shares of the company’s stock valued at $2,649,000 after acquiring an additional 16,336 shares in the last quarter. Systematic Financial Management LP increased its stake in shares of National HealthCare by 6.6% in the 3rd quarter. Systematic Financial Management LP now owns 113,922 shares of the company’s stock valued at $14,328,000 after acquiring an additional 7,011 shares in the last quarter. Finally, Ellsworth Advisors LLC bought a new stake in shares of National HealthCare in the 4th quarter valued at $650,000. Institutional investors own 56.44% of the company’s stock.

National HealthCare Stock Performance

NYSE NHC opened at $90.72 on Friday. The company has a fifty day simple moving average of $96.99 and a 200 day simple moving average of $112.57. National HealthCare Co. has a 12-month low of $87.03 and a 12-month 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. The company has a market cap of $1.40 billion, a P/E ratio of 11.37 and a beta of 0.41.

National HealthCare Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, March 28th will be given a $0.61 dividend. This represents a $2.44 annualized dividend and a yield of 2.69%. The ex-dividend date of this dividend is Friday, March 28th. National HealthCare’s payout ratio is currently 37.31%.

Wall Street Analyst Weigh In

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.

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.