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

Segall Bryant & Hamill LLC grew its position in National HealthCare Co. (NYSE:NHC) by 1.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,917 shares of the company’s stock after acquiring an additional 516 shares during the period. Segall Bryant & Hamill LLC owned about 0.24% of National HealthCare worth $4,643,000 at the end of the most recent quarter.

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

Insider Buying and Selling

In related news, SVP Brian F. Kidd sold 2,000 shares of the company’s stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $130.01, for a total value of $260,020.00. Following the transaction, the senior vice president now directly owns 21,747 shares in the company, valued at approximately $2,827,327.47. This represents a 8.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 13.75% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

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

National HealthCare Stock Up 0.5 %

Shares of NHC opened at $126.48 on Friday. The firm has a market cap of $1.95 billion, a P/E ratio of 15.85 and a beta of 0.41. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.77 and a current ratio of 1.80. National HealthCare Co. has a 52 week low of $75.53 and a 52 week high of $138.49. The firm’s 50-day simple moving average is $123.69 and its 200 day simple moving average is $118.74.

National HealthCare Dividend Announcement

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

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.