Cwm LLC Has $1.48 Million Stock Holdings in National HealthCare Co. (NYSEAMERICAN:NHC)

Cwm LLC decreased its holdings in National HealthCare Co. (NYSEAMERICAN:NHC) by 11.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,005 shares of the company’s stock after selling 2,098 shares during the period. Cwm LLC owned about 0.10% of National HealthCare worth $1,479,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of NHC. SG Americas Securities LLC bought a new stake in National HealthCare in the third quarter valued at approximately $327,000. Cannon Global Investment Management LLC bought a new stake in National HealthCare in the third quarter valued at approximately $307,000. VELA Investment Management LLC increased its stake in shares of National HealthCare by 12.4% during the third quarter. VELA Investment Management LLC now owns 38,020 shares of the company’s stock worth $2,433,000 after purchasing an additional 4,192 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of National HealthCare by 17.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 174,122 shares of the company’s stock worth $11,140,000 after purchasing an additional 25,925 shares during the period. Finally, Foundry Partners LLC bought a new position in shares of National HealthCare during the third quarter worth approximately $2,492,000. Institutional investors own 56.44% of the company’s stock.

National HealthCare Stock Performance

Shares of NYSEAMERICAN:NHC opened at $91.25 on Friday. The company has a market cap of $1.41 billion, a P/E ratio of 26.01 and a beta of 0.36. National HealthCare Co. has a 1 year low of $55.50 and a 1 year high of $101.81.

National HealthCare (NYSEAMERICAN:NHC) last issued its quarterly earnings results on Friday, February 16th. The company reported $0.98 earnings per share (EPS) for the quarter. The business had revenue of $300.91 million for the quarter. National HealthCare had a return on equity of 6.03% and a net margin of 5.85%.

National HealthCare Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Friday, March 29th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date is Wednesday, March 27th. National HealthCare’s dividend payout ratio is presently 54.50%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded National HealthCare from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 9th.

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.