Cerity Partners LLC Raises Stock Holdings in National HealthCare Co. (NYSE:NHC)

Cerity Partners LLC grew its stake in shares of National HealthCare Co. (NYSE:NHC) by 6.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,764 shares of the company’s stock after acquiring an additional 1,133 shares during the quarter. Cerity Partners LLC owned about 0.12% of National HealthCare worth $1,919,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Allworth Financial LP boosted its holdings in National HealthCare by 378.0% in the fourth quarter. Allworth Financial LP now owns 564 shares of the company’s stock worth $61,000 after purchasing an additional 446 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of National HealthCare in the 4th quarter worth $83,000. RWA Wealth Partners LLC grew its holdings in shares of National HealthCare by 16.7% in the fourth quarter. RWA Wealth Partners LLC now owns 2,100 shares of the company’s stock worth $226,000 after acquiring an additional 300 shares during the period. Inspire Investing LLC increased its position in National HealthCare by 10.5% during the fourth quarter. Inspire Investing LLC now owns 4,092 shares of the company’s stock valued at $440,000 after acquiring an additional 390 shares during the last quarter. Finally, Semanteon Capital Management LP bought a new position in National HealthCare in the fourth quarter valued at about $564,000. 56.44% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded National HealthCare from a “strong-buy” rating to a “buy” rating in a research note on Monday, March 3rd.

National HealthCare Stock Down 1.3 %

NHC opened at $91.57 on Thursday. National HealthCare Co. has a 1-year low of $87.03 and a 1-year high of $138.49. The firm’s 50 day simple moving average is $94.14 and its two-hundred day simple moving average is $108.00. 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 capitalization of $1.42 billion, a PE ratio of 11.47 and a beta of 0.42.

National HealthCare Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, March 28th will be paid a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 2.66%. The ex-dividend date of this dividend is Friday, March 28th. National HealthCare’s dividend payout ratio (DPR) is currently 37.31%.

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.