2,360 Shares in National HealthCare Co. (NYSEAMERICAN:NHC) Bought by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC purchased a new position in National HealthCare Co. (NYSEAMERICAN:NHC) during the 4th quarter, Holdings Channel.com reports. The firm purchased 2,360 shares of the company’s stock, valued at approximately $218,000.

Other large investors also recently bought and sold shares of the company. WESPAC Advisors LLC purchased a new position in National HealthCare during the fourth quarter worth $1,552,000. RFG Advisory LLC purchased a new position in National HealthCare during the fourth quarter worth $255,000. New York State Teachers Retirement System purchased a new position in National HealthCare during the fourth quarter worth $277,000. International Assets Investment Management LLC boosted its stake in National HealthCare by 9,150.0% during the fourth quarter. International Assets Investment Management LLC now owns 370 shares of the company’s stock worth $34,000 after buying an additional 366 shares during the period. Finally, State of Alaska Department of Revenue purchased a new position in National HealthCare during the fourth quarter worth $766,000. Institutional investors own 56.44% of the company’s stock.

Wall Street Analysts Forecast Growth

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

National HealthCare Stock Up 1.3 %

Shares of NHC opened at $91.18 on Wednesday. The firm has a market cap of $1.40 billion, a PE ratio of 21.06 and a beta of 0.36. National HealthCare Co. has a 12-month low of $55.50 and a 12-month high of $101.81.

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

National HealthCare Announces Dividend

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

National HealthCare 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.