Yousif Capital Management LLC Takes $621,000 Position in National HealthCare Co. (NYSEAMERICAN:NHC)

Yousif Capital Management LLC bought a new position in National HealthCare Co. (NYSEAMERICAN:NHC) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 6,714 shares of the company’s stock, valued at approximately $621,000.

Other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its holdings in National HealthCare by 9,150.0% during the 4th quarter. International Assets Investment Management LLC now owns 370 shares of the company’s stock worth $34,000 after purchasing an additional 366 shares in the last quarter. Blue Trust Inc. purchased a new stake in shares of National HealthCare in the fourth quarter worth about $46,000. Mutual of America Capital Management LLC purchased a new position in National HealthCare during the fourth quarter valued at approximately $218,000. RFG Advisory LLC bought a new stake in National HealthCare during the 4th quarter worth approximately $255,000. Finally, New York State Teachers Retirement System purchased a new stake in National HealthCare in the 4th quarter worth approximately $277,000. 56.44% of the stock is owned by hedge funds and other institutional investors.

National HealthCare Price Performance

NHC opened at $91.47 on Monday. National HealthCare Co. has a 1-year low of $55.50 and a 1-year high of $101.81. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 21.12 and a beta of 0.37.

National HealthCare (NYSEAMERICAN:NHC) last announced its quarterly earnings results on Friday, February 16th. The company reported $0.98 earnings per share (EPS) for the quarter. The company had revenue of $300.91 million for the quarter. National HealthCare had a net margin of 5.85% and a return on equity of 6.03%.

National HealthCare Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 1st. Investors of record on Friday, March 29th were given a $0.59 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $2.36 dividend on an annualized basis and a yield of 2.58%. National HealthCare’s dividend payout ratio is presently 54.50%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of National HealthCare from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 9th.

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.