Semanteon Capital Management LP Makes New $564,000 Investment in National HealthCare Co. (NYSE:NHC)

Semanteon Capital Management LP acquired a new position in shares of National HealthCare Co. (NYSE:NHC) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,239 shares of the company’s stock, valued at approximately $564,000.

A number of other hedge funds have also recently bought and sold shares of NHC. Allworth Financial LP boosted its holdings in National HealthCare by 378.0% during the 4th quarter. Allworth Financial LP now owns 564 shares of the company’s stock worth $61,000 after acquiring an additional 446 shares during the last quarter. Global Retirement Partners LLC bought a new stake in shares of National HealthCare during the 4th quarter worth $83,000. Meridian Wealth Management LLC bought a new stake in shares of National HealthCare during the 3rd quarter worth $229,000. Captrust Financial Advisors bought a new stake in shares of National HealthCare during the 3rd quarter worth $233,000. Finally, Hohimer Wealth Management LLC bought a new stake in shares of National HealthCare during the 3rd quarter worth $274,000. 56.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

National HealthCare Trading Down 0.6 %

NYSE NHC opened at $90.72 on Friday. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 11.37 and a beta of 0.41. National HealthCare Co. has a one year low of $87.03 and a one year high of $138.49. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.80 and a quick ratio of 1.77. The business’s fifty day moving average is $96.99 and its 200-day moving average is $112.57.

National HealthCare Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, March 28th will be paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date is Friday, March 28th. National HealthCare’s dividend payout ratio is currently 37.31%.

National HealthCare Company 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.