Texas Permanent School Fund Corp Sells 1,710 Shares of National HealthCare Co. (NYSE:NHC)

Texas Permanent School Fund Corp cut its stake in National HealthCare Co. (NYSE:NHC) by 14.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,093 shares of the company’s stock after selling 1,710 shares during the period. Texas Permanent School Fund Corp owned approximately 0.07% of National HealthCare worth $1,094,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Louisiana State Employees Retirement System boosted its holdings in National HealthCare by 1.5% in the 2nd quarter. Louisiana State Employees Retirement System now owns 6,800 shares of the company’s stock valued at $737,000 after purchasing an additional 100 shares during the period. GAMMA Investing LLC lifted its holdings in shares of National HealthCare by 196.2% during the 2nd quarter. GAMMA Investing LLC now owns 231 shares of the company’s stock worth $25,000 after acquiring an additional 153 shares during the period. ProShare Advisors LLC lifted its holdings in shares of National HealthCare by 7.3% during the 1st quarter. ProShare Advisors LLC now owns 2,539 shares of the company’s stock worth $240,000 after acquiring an additional 172 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of National HealthCare by 6.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,573 shares of the company’s stock worth $716,000 after acquiring an additional 439 shares during the period. Finally, Teachers Retirement System of The State of Kentucky lifted its holdings in shares of National HealthCare by 12.0% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 4,480 shares of the company’s stock worth $423,000 after acquiring an additional 480 shares during the period. 56.44% of the stock is owned by institutional investors.

Insider Activity at National HealthCare

In related news, SVP Brian F. Kidd sold 2,000 shares of National HealthCare stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $130.01, for a total transaction of $260,020.00. Following the completion of the transaction, the senior vice president now directly owns 21,747 shares of the company’s stock, valued at approximately $2,827,327.47. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 13.75% of the stock is currently owned by insiders.

National HealthCare Stock Up 0.8 %

NYSE:NHC opened at $126.76 on Friday. The stock’s 50-day simple moving average is $127.92. The company has a market cap of $1.95 billion, a P/E ratio of 24.10 and a beta of 0.41. National HealthCare Co. has a 52 week low of $63.44 and a 52 week high of $138.49.

National HealthCare (NYSE:NHC) last released its quarterly earnings data on Friday, August 9th. The company reported $1.00 EPS for the quarter. The company had revenue of $300.66 million during the quarter. National HealthCare had a net margin of 7.74% and a return on equity of 6.39%.

National HealthCare Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Monday, September 30th will be issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 1.92%. The ex-dividend date is Monday, September 30th. National HealthCare’s dividend payout ratio is currently 46.39%.

National HealthCare Profile

National HealthCare Corporation principally operates long-term health carecenters and home health care programs. Their health care centers provide subacute, skilled and intermediate nursing and rehabilitative care.