Global Retirement Partners LLC Makes New $83,000 Investment in National HealthCare Co. (NYSE:NHC)

Global Retirement Partners LLC purchased a new position in National HealthCare Co. (NYSE:NHC) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 770 shares of the company’s stock, valued at approximately $83,000.

A number of other large investors have also bought and sold shares of NHC. Morgan Stanley Institutional Investment Advisors LLC purchased a new position in shares of National HealthCare during the third quarter valued at approximately $98,156,000. Systematic Financial Management LP increased its stake in shares of National HealthCare by 6.6% during the third quarter. Systematic Financial Management LP now owns 113,922 shares of the company’s stock valued at $14,328,000 after buying an additional 7,011 shares during the period. Principal Financial Group Inc. increased its stake in shares of National HealthCare by 3.5% during the fourth quarter. Principal Financial Group Inc. now owns 63,739 shares of the company’s stock valued at $6,856,000 after buying an additional 2,140 shares during the period. JPMorgan Chase & Co. increased its stake in shares of National HealthCare by 6.0% during the third quarter. JPMorgan Chase & Co. now owns 43,073 shares of the company’s stock valued at $5,417,000 after buying an additional 2,419 shares during the period. Finally, Segall Bryant & Hamill LLC increased its stake in shares of National HealthCare by 1.4% during the third quarter. Segall Bryant & Hamill LLC now owns 36,917 shares of the company’s stock valued at $4,643,000 after buying an additional 516 shares during the period. 56.44% of the stock is owned by hedge funds and other institutional investors.

National HealthCare Trading Down 0.2 %

NYSE NHC opened at $93.17 on Friday. The company has a quick ratio of 1.77, a current ratio of 1.80 and a debt-to-equity ratio of 0.14. National HealthCare Co. has a twelve month low of $87.03 and a twelve month high of $138.49. The firm has a market capitalization of $1.44 billion, a PE ratio of 11.68 and a beta of 0.45. The stock’s 50 day moving average is $100.86 and its 200 day moving average is $116.54.

National HealthCare Announces Dividend

The company 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 dividend of $0.61 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $2.44 annualized dividend and a dividend yield of 2.62%. National HealthCare’s dividend payout ratio is presently 30.58%.

Insider Activity at National HealthCare

In related news, VP Timothy J. Shelly sold 614 shares of National HealthCare stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $121.44, for a total transaction of $74,564.16. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Health Corp National sold 28,147 shares of National HealthCare stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $113.71, for a total value of $3,200,595.37. Following the sale, the insider now owns 1,056,616 shares in the company, valued at $120,147,805.36. This represents a 2.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 13.75% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com raised National HealthCare from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 16th.

National HealthCare 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.