RWA Wealth Partners LLC Purchases 300 Shares of National HealthCare Co. (NYSE:NHC)

RWA Wealth Partners LLC increased its position in shares of National HealthCare Co. (NYSE:NHC) by 16.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,100 shares of the company’s stock after purchasing an additional 300 shares during the quarter. RWA Wealth Partners LLC’s holdings in National HealthCare were worth $226,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Barclays PLC grew its holdings in shares of National HealthCare by 345.6% in the third 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. Jane Street Group LLC grew its stake in 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 purchasing an additional 19,667 shares during the period. Principal Financial Group Inc. increased its position in shares of National HealthCare by 3.5% during the 4th quarter. Principal Financial Group Inc. now owns 63,739 shares of the company’s stock valued at $6,856,000 after purchasing an additional 2,140 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of National HealthCare by 6.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 43,073 shares of the company’s stock worth $5,417,000 after purchasing an additional 2,419 shares during the period. Finally, Teacher Retirement System of Texas boosted its holdings in shares of National HealthCare by 7.6% in the 4th quarter. Teacher Retirement System of Texas now owns 13,389 shares of the company’s stock worth $1,440,000 after buying an additional 946 shares during the last quarter. 56.44% of the stock is owned by institutional investors.

National HealthCare Trading Up 0.8 %

Shares of NHC stock opened at $93.57 on Wednesday. National HealthCare Co. has a 12-month low of $87.03 and a 12-month high of $138.49. The company has a quick ratio of 1.77, a current ratio of 1.80 and a debt-to-equity ratio of 0.14. The company has a 50 day moving average of $96.10 and a 200-day moving average of $110.69. The firm has a market cap of $1.45 billion, a P/E ratio of 11.73 and a beta of 0.41.

National HealthCare Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, March 28th will be paid a $0.61 dividend. The ex-dividend date of this dividend is Friday, March 28th. This represents a $2.44 annualized dividend and a dividend yield of 2.61%. National HealthCare’s payout ratio is presently 37.31%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of National HealthCare from a “strong-buy” rating to a “buy” rating in a report 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.