Price T Rowe Associates Inc. MD Takes $275,000 Position in National HealthCare Co. (NYSEAMERICAN:NHC)

Price T Rowe Associates Inc. MD acquired a new stake in shares of National HealthCare Co. (NYSEAMERICAN:NHC) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 4,147 shares of the company’s stock, valued at approximately $275,000.

A number of other institutional investors have also made changes to their positions in the business. Public Employees Retirement System of Ohio increased its position in shares of National HealthCare by 51.3% during the third quarter. Public Employees Retirement System of Ohio now owns 649 shares of the company’s stock worth $40,000 after acquiring an additional 220 shares during the period. Lazard Asset Management LLC bought a new stake in National HealthCare during the 4th quarter valued at $67,000. SG Americas Securities LLC bought a new stake in National HealthCare during the 4th quarter valued at $164,000. State Board of Administration of Florida Retirement System purchased a new stake in shares of National HealthCare in the 4th quarter worth $201,000. Finally, Mercer Global Advisors Inc. ADV increased its stake in shares of National HealthCare by 11.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 3,652 shares of the company’s stock valued at $228,000 after buying an additional 371 shares during the period. 44.16% of the stock is currently owned by institutional investors.

NYSEAMERICAN:NHC opened at $72.12 on Wednesday. The firm has a 50-day simple moving average of $66.31. National HealthCare Co. has a one year low of $55.88 and a one year high of $79.73. The company has a market cap of $1.11 billion, a price-to-earnings ratio of 39.85 and a beta of 0.19. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.60 and a current ratio of 1.63.

National HealthCare (NYSEAMERICAN:NHC) last issued its quarterly earnings data on Friday, February 19th. The company reported $0.85 EPS for the quarter. The company had revenue of $259.83 million during the quarter. National HealthCare had a net margin of 2.75% and a return on equity of 7.82%.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 3rd. Investors of record on Wednesday, March 31st will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date of this dividend is Tuesday, March 30th.

About National HealthCare

National HealthCare Corporation operates, manages, and provides services to skilled nursing facilities, assisted living facilities, independent living facilities, home health care programs, and a behavioral health hospital. 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.

Further Reading: CD Ladder

Want to see what other hedge funds are holding NHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for National HealthCare Co. (NYSEAMERICAN:NHC).

Institutional Ownership by Quarter for National HealthCare (NYSEAMERICAN:NHC)

Receive News & Ratings for National HealthCare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National HealthCare and related companies with MarketBeat.com's FREE daily email newsletter.