Knights of Columbus Asset Advisors LLC Has $1.94 Million Holdings in National HealthCare Co. (NYSE:NHC)

Knights of Columbus Asset Advisors LLC increased its position in National HealthCare Co. (NYSE:NHC) by 29.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,044 shares of the company’s stock after acquiring an additional 4,146 shares during the quarter. Knights of Columbus Asset Advisors LLC owned about 0.12% of National HealthCare worth $1,941,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP raised its holdings in National HealthCare by 378.0% in 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 period. Global Retirement Partners LLC bought a new position in National HealthCare in the 4th quarter worth $83,000. Meridian Wealth Management LLC bought a new position in shares of National HealthCare during the 3rd quarter worth about $229,000. Captrust Financial Advisors bought a new position in shares of National HealthCare during the 3rd quarter worth about $233,000. Finally, Hohimer Wealth Management LLC bought a new position in shares of National HealthCare during the 3rd quarter worth about $274,000. Institutional investors own 56.44% of the company’s stock.

Analyst Upgrades and Downgrades

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

National HealthCare Stock Performance

NYSE NHC opened at $90.72 on Friday. The stock has a market cap of $1.40 billion, a P/E ratio of 11.37 and a beta of 0.41. The company’s 50-day simple moving average is $96.99 and its 200 day simple moving average is $112.44. National HealthCare Co. has a twelve month low of $87.03 and a twelve month high of $138.49. The company has a quick ratio of 1.77, a current ratio of 1.80 and a debt-to-equity ratio of 0.14.

National HealthCare Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Friday, March 28th. This represents a $2.44 dividend on an annualized basis and a yield of 2.69%. National HealthCare’s payout ratio is currently 37.31%.

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.