National HealthCare Co. (NYSE:NHC) Insider Sells 28,147 Shares

National HealthCare Co. (NYSE:NHC) insider Health Corp National sold 28,147 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $113.71, for a total transaction of $3,200,595.37. Following the completion of the transaction, the insider now owns 1,056,616 shares of the company’s stock, valued at $120,147,805.36. This trade represents a 2.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

National HealthCare Price Performance

National HealthCare stock traded up $0.47 during trading hours on Thursday, hitting $111.76. 34,132 shares of the stock were exchanged, compared to its average volume of 61,303. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.77 and a current ratio of 1.80. The stock has a market capitalization of $1.73 billion, a P/E ratio of 14.01 and a beta of 0.43. The business’s 50-day moving average is $122.54 and its two-hundred day moving average is $122.11. National HealthCare Co. has a 12 month low of $87.03 and a 12 month high of $138.49.

National HealthCare Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, December 30th will be paid a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend is Monday, December 30th. National HealthCare’s dividend payout ratio (DPR) is presently 30.58%.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of National HealthCare from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 16th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised its position in National HealthCare by 35.5% during the third quarter. GAMMA Investing LLC now owns 313 shares of the company’s stock worth $39,000 after acquiring an additional 82 shares in the last quarter. Evergreen Capital Management LLC raised its position in National HealthCare by 2.9% during the 2nd quarter. Evergreen Capital Management LLC now owns 3,426 shares of the company’s stock worth $373,000 after purchasing an additional 97 shares during the last quarter. Louisiana State Employees Retirement System boosted its stake in shares of 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 last quarter. Bank of Montreal Can lifted its position in shares of National HealthCare by 2.6% during the 2nd quarter. Bank of Montreal Can now owns 3,903 shares of the company’s stock valued at $423,000 after acquiring an additional 100 shares during the period. Finally, WINTON GROUP Ltd boosted its holdings in National HealthCare by 1.1% in the second quarter. WINTON GROUP Ltd now owns 9,719 shares of the company’s stock worth $1,054,000 after acquiring an additional 107 shares in the last quarter. 56.44% of the stock is currently owned by institutional investors.

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.