Creative Planning Purchases 509 Shares of National HealthCare Co. (NYSE:NHC)

Creative Planning raised its position in National HealthCare Co. (NYSE:NHC) by 13.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,357 shares of the company’s stock after buying an additional 509 shares during the quarter. Creative Planning’s holdings in National HealthCare were worth $548,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC grew 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 valued at $25,000 after purchasing an additional 153 shares during the last quarter. EntryPoint Capital LLC bought a new stake in shares of National HealthCare during the 1st quarter valued at approximately $58,000. Innealta Capital LLC bought a new stake in shares of National HealthCare during the 2nd quarter valued at approximately $98,000. Reliant Investment Management LLC bought a new stake in shares of National HealthCare during the 3rd quarter valued at approximately $203,000. Finally, Susquehanna Fundamental Investments LLC bought a new stake in shares of National HealthCare during the 1st quarter valued at approximately $206,000. 56.44% of the stock is owned by institutional investors.

National HealthCare Stock Up 3.5 %

Shares of National HealthCare stock opened at $120.93 on Wednesday. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 20.39 and a beta of 0.41. The firm’s 50 day moving average is $124.21. National HealthCare Co. has a 1 year low of $69.12 and a 1 year high of $138.49.

National HealthCare (NYSE:NHC) last posted its earnings results on Friday, August 9th. The company reported $1.00 earnings per share for the quarter. National HealthCare had a net margin of 7.74% and a return on equity of 6.39%. The firm had revenue of $300.66 million for the quarter.

National HealthCare Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Monday, September 30th were issued a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date was Monday, September 30th. National HealthCare’s payout ratio is 41.15%.

Insider Transactions at National HealthCare

In other news, SVP Brian F. Kidd sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $130.01, for a total value of $260,020.00. Following the transaction, the senior vice president now owns 21,747 shares in the company, valued at approximately $2,827,327.47. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 13.75% of the company’s stock.

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.