Amalgamated Bank Purchases 3,742 Shares of National HealthCare Co. (NYSEAMERICAN:NHC)

Amalgamated Bank grew its position in National HealthCare Co. (NYSEAMERICAN:NHC) by 304.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,972 shares of the company’s stock after acquiring an additional 3,742 shares during the quarter. Amalgamated Bank’s holdings in National HealthCare were worth $460,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Foundry Partners LLC lifted its position in shares of National HealthCare by 44.5% in the 4th quarter. Foundry Partners LLC now owns 56,295 shares of the company’s stock worth $5,203,000 after acquiring an additional 17,345 shares during the period. Brandywine Global Investment Management LLC grew its position in National HealthCare by 25.7% in the third quarter. Brandywine Global Investment Management LLC now owns 45,589 shares of the company’s stock valued at $2,917,000 after acquiring an additional 9,313 shares during the period. Yousif Capital Management LLC acquired a new position in National HealthCare during the fourth quarter worth $621,000. Charles Schwab Investment Management Inc. boosted its stake in shares of National HealthCare by 17.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 174,122 shares of the company’s stock valued at $11,140,000 after purchasing an additional 25,925 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of National HealthCare by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 1,334,507 shares of the company’s stock worth $85,382,000 after purchasing an additional 4,759 shares during the last quarter. Institutional investors own 56.44% of the company’s stock.

National HealthCare Stock Performance

National HealthCare stock opened at $100.40 on Monday. National HealthCare Co. has a 1 year low of $56.87 and a 1 year high of $101.81. The stock has a market cap of $1.55 billion, a price-to-earnings ratio of 23.19 and a beta of 0.37.

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

Analyst Upgrades and Downgrades

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

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.