Segall Bryant & Hamill LLC Buys 516 Shares of National HealthCare Co. (NYSE:NHC)

Segall Bryant & Hamill LLC grew its stake in shares of National HealthCare Co. (NYSE:NHC) by 1.4% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 36,917 shares of the company’s stock after acquiring an additional 516 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in National HealthCare were worth $4,643,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Robeco Institutional Asset Management B.V. lifted its position in National HealthCare by 223.8% during the third quarter. Robeco Institutional Asset Management B.V. now owns 20,899 shares of the company’s stock worth $2,628,000 after purchasing an additional 14,445 shares during the period. Nisa Investment Advisors LLC increased its holdings in National HealthCare by 5.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 4,091 shares of the company’s stock valued at $517,000 after buying an additional 206 shares during the period. DekaBank Deutsche Girozentrale raised its position in shares of National HealthCare by 1,277.1% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 10,411 shares of the company’s stock valued at $1,255,000 after buying an additional 9,655 shares in the last quarter. Ballentine Partners LLC bought a new stake in shares of National HealthCare during the 3rd quarter worth approximately $223,000. Finally, Copeland Capital Management LLC bought a new position in National HealthCare in the third quarter valued at approximately $62,000. 56.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

National HealthCare Stock Performance

NYSE:NHC opened at $126.48 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. The firm has a market capitalization of $1.95 billion, a PE ratio of 15.85 and a beta of 0.41. National HealthCare Co. has a twelve month low of $75.53 and a twelve month high of $138.49. The stock’s 50-day simple moving average is $123.69 and its 200 day simple moving average is $118.74.

National HealthCare Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Monday, December 30th will be issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 1.93%. The ex-dividend date is Monday, December 30th. National HealthCare’s dividend payout ratio (DPR) is presently 30.58%.

Insider Buying and Selling

In related news, SVP Brian F. Kidd sold 2,000 shares of the business’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $130.01, for a total transaction of $260,020.00. Following the sale, the senior vice president now owns 21,747 shares in the company, valued at $2,827,327.47. The trade was a 8.42 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 13.75% of the stock is owned by corporate insiders.

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.