Leuthold Group LLC Invests $433,000 in National HealthCare Corporation $NHC

Leuthold Group LLC acquired a new stake in National HealthCare Corporation (NYSEAMERICAN:NHC) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,155 shares of the company’s stock, valued at approximately $433,000.

A number of other large investors also recently modified their holdings of the company. Summit Global Investments boosted its position in shares of National HealthCare by 1.2% in the third quarter. Summit Global Investments now owns 10,606 shares of the company’s stock valued at $1,289,000 after acquiring an additional 129 shares during the period. State of Alaska Department of Revenue boosted its position in shares of National HealthCare by 2.2% in the fourth quarter. State of Alaska Department of Revenue now owns 7,161 shares of the company’s stock valued at $981,000 after acquiring an additional 152 shares during the period. Quarry LP boosted its position in shares of National HealthCare by 171.9% in the third quarter. Quarry LP now owns 261 shares of the company’s stock valued at $32,000 after acquiring an additional 165 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of National HealthCare in the third quarter valued at approximately $25,000. Finally, AQR Capital Management LLC boosted its position in shares of National HealthCare by 1.7% in the first quarter. AQR Capital Management LLC now owns 16,080 shares of the company’s stock valued at $1,492,000 after acquiring an additional 262 shares during the period. 56.44% of the stock is currently owned by institutional investors.

National HealthCare Stock Performance

NHC stock opened at $193.65 on Monday. The firm has a 50 day moving average of $168.42 and a 200-day moving average of $150.78. National HealthCare Corporation has a 12 month low of $93.54 and a 12 month high of $199.62. The firm has a market capitalization of $3.02 billion, a P/E ratio of 24.61 and a beta of 0.64.

National HealthCare (NYSEAMERICAN:NHC) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.91 EPS for the quarter. National HealthCare had a net margin of 8.10% and a return on equity of 9.98%. The company had revenue of $381.82 million during the quarter.

National HealthCare Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.67 per share. The ex-dividend date is Tuesday, June 30th. This is a boost from National HealthCare’s previous quarterly dividend of $0.64. This represents a $2.68 annualized dividend and a yield of 1.4%. National HealthCare’s dividend payout ratio (DPR) is presently 59.12%.

National HealthCare Profile

National HealthCare Corporation (NYSE American: NHC) is a healthcare services company specializing in long-term care and post-acute rehabilitation. The company operates skilled nursing facilities, assisted living communities and outpatient therapy clinics. Through its subsidiary, National HealthCare Partners, NHC provides contract rehabilitation services, pharmacy management and clinical consulting to a broad network of senior living and healthcare providers.

Headquartered in Murfreesboro, Tennessee, National HealthCare Corporation has built a regional footprint across the southeastern and south-central United States.