Geode Capital Management LLC Purchases 13,039 Shares of National Research Co. (NASDAQ:NRC)

Geode Capital Management LLC lifted its position in shares of National Research Co. (NASDAQ:NRC) by 3.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 420,733 shares of the company’s stock after purchasing an additional 13,039 shares during the quarter. Geode Capital Management LLC owned about 1.76% of National Research worth $9,619,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NRC. Kayne Anderson Rudnick Investment Management LLC lifted its position in National Research by 0.6% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,045,306 shares of the company’s stock valued at $69,890,000 after buying an additional 18,891 shares during the period. Renaissance Technologies LLC increased its stake in shares of National Research by 14.4% in the 2nd quarter. Renaissance Technologies LLC now owns 432,884 shares of the company’s stock worth $9,935,000 after acquiring an additional 54,600 shares in the last quarter. State Street Corp lifted its position in National Research by 4.0% during the 3rd quarter. State Street Corp now owns 363,438 shares of the company’s stock valued at $8,351,000 after acquiring an additional 14,144 shares during the period. Millennium Management LLC boosted its stake in National Research by 200.9% during the second quarter. Millennium Management LLC now owns 214,858 shares of the company’s stock worth $4,931,000 after acquiring an additional 143,454 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC purchased a new stake in National Research in the third quarter worth about $3,158,000. 47.26% of the stock is owned by hedge funds and other institutional investors.

National Research Price Performance

Shares of NASDAQ NRC opened at $17.64 on Thursday. The company has a 50 day simple moving average of $18.73 and a two-hundred day simple moving average of $21.00. National Research Co. has a fifty-two week low of $16.74 and a fifty-two week high of $42.18. The company has a market capitalization of $414.12 million, a price-to-earnings ratio of 15.61 and a beta of 0.52. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.47 and a current ratio of 0.47.

National Research (NASDAQ:NRC) last posted its quarterly earnings data on Friday, October 25th. The company reported $0.24 earnings per share for the quarter. The company had revenue of $35.82 million during the quarter. National Research had a return on equity of 67.40% and a net margin of 18.78%.

National Research Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 27th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.72%. The ex-dividend date is Friday, December 27th. National Research’s dividend payout ratio is presently 42.48%.

About National Research

National Research Corporation provides analytics and insights that facilitate measurement and enhancement of the patient and employee experience. Its portfolio of subscription-based solutions provides actionable information and analysis to healthcare organizations across a range of mission-critical, constituent-related elements, including patient experience, service recovery, care transitions, employee engagement, reputation management, and brand loyalty.