National HealthCare Co. (NYSE:NHC) Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC grew its position in shares of National HealthCare Co. (NYSE:NHC) by 35.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 313 shares of the company’s stock after acquiring an additional 82 shares during the quarter. GAMMA Investing LLC’s holdings in National HealthCare were worth $39,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Illinois Municipal Retirement Fund purchased a new stake in shares of National HealthCare during the 1st quarter worth about $745,000. Susquehanna Fundamental Investments LLC acquired a new position in National HealthCare during the first quarter valued at approximately $206,000. ProShare Advisors LLC grew its stake in National HealthCare by 7.3% during the first quarter. ProShare Advisors LLC now owns 2,539 shares of the company’s stock worth $240,000 after buying an additional 172 shares during the period. State Board of Administration of Florida Retirement System increased its position in shares of National HealthCare by 7.9% in the first quarter. State Board of Administration of Florida Retirement System now owns 29,746 shares of the company’s stock worth $2,811,000 after acquiring an additional 2,186 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of National HealthCare by 4.9% in the 1st quarter. Vanguard Group Inc. now owns 1,593,829 shares of the company’s stock valued at $150,633,000 after acquiring an additional 74,911 shares during the period. 56.44% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, SVP Brian F. Kidd sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $130.01, for a total transaction of $260,020.00. Following the completion of the sale, the senior vice president now directly owns 21,747 shares in the company, valued at $2,827,327.47. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 13.75% of the stock is currently owned by company insiders.

National HealthCare Price Performance

NYSE:NHC opened at $124.08 on Friday. National HealthCare Co. has a twelve month low of $65.10 and a twelve month high of $138.49. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of 23.59 and a beta of 0.40. The company’s fifty day simple moving average is $126.36.

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

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 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date is Monday, September 30th. National HealthCare’s payout ratio is 46.39%.

National HealthCare Company 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.