CM Management LLC Has $3.80 Million Stock Holdings in National HealthCare Co. (NYSEAMERICAN:NHC)

CM Management LLC boosted its position in National HealthCare Co. (NYSEAMERICAN:NHCGet Rating) by 7.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,000 shares of the company’s stock after buying an additional 4,000 shares during the quarter. National HealthCare makes up about 4.2% of CM Management LLC’s investment portfolio, making the stock its 3rd biggest holding. CM Management LLC owned approximately 0.39% of National HealthCare worth $3,800,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clear Street Markets LLC acquired a new position in National HealthCare in the second quarter valued at approximately $35,000. Captrust Financial Advisors boosted its stake in National HealthCare by 57.1% in the second quarter. Captrust Financial Advisors now owns 655 shares of the company’s stock valued at $46,000 after acquiring an additional 238 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in National HealthCare by 60.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 820 shares of the company’s stock valued at $51,000 after acquiring an additional 308 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in National HealthCare in the second quarter valued at approximately $77,000. Finally, Great West Life Assurance Co. Can boosted its stake in National HealthCare by 41.1% in the first quarter. Great West Life Assurance Co. Can now owns 1,343 shares of the company’s stock valued at $98,000 after acquiring an additional 391 shares during the period. 45.20% of the stock is owned by institutional investors.

National HealthCare Stock Performance

Shares of NHC stock opened at $58.26 on Wednesday. The company has a 50 day moving average of $69.42. The firm has a market capitalization of $893.71 million, a P/E ratio of 21.19 and a beta of 0.29. National HealthCare Co. has a 52 week low of $55.31 and a 52 week high of $75.35.

National HealthCare (NYSEAMERICAN:NHCGet Rating) last issued its quarterly earnings data on Thursday, November 3rd. The company reported $0.46 earnings per share (EPS) for the quarter. The business had revenue of $270.84 million during the quarter. National HealthCare had a return on equity of 4.77% and a net margin of 2.89%.

National HealthCare Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, February 1st. Shareholders of record on Friday, December 30th will be given a $0.57 dividend. This represents a yield of 3.82%. This is an increase from National HealthCare’s previous dividend of $0.52. The ex-dividend date of this dividend is Thursday, December 29th. National HealthCare’s dividend payout ratio is 110.68%.

Insiders Place Their Bets

In other National HealthCare news, Director Ernest G. Burgess III sold 1,929 shares of the company’s stock in a transaction that occurred on Monday, December 5th. The stock was sold at an average price of $61.15, for a total value of $117,958.35. Following the completion of the sale, the director now directly owns 81,231 shares in the company, valued at $4,967,275.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other National HealthCare news, Director Ernest G. Burgess III sold 7,652 shares of the company’s stock in a transaction on Friday, December 2nd. The stock was sold at an average price of $61.08, for a total value of $467,384.16. Following the transaction, the director now owns 83,160 shares of the company’s stock, valued at $5,079,412.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Ernest G. Burgess III sold 1,929 shares of the company’s stock in a transaction on Monday, December 5th. The shares were sold at an average price of $61.15, for a total value of $117,958.35. Following the completion of the transaction, the director now directly owns 81,231 shares in the company, valued at approximately $4,967,275.65. The disclosure for this sale can be found here. Insiders sold 12,025 shares of company stock worth $734,280 over the last ninety days. Company insiders own 13.90% of the company’s stock.

National HealthCare Company Profile

(Get Rating)

National HealthCare Corp. engages in the provision of nursing facilities, assisted living facilities, independent living facilities and homecare programs. It provides sub and post-acute nursing care, intermediate nursing care, rehabilitative care, senior living services and home health care services.

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Institutional Ownership by Quarter for National HealthCare (NYSEAMERICAN:NHC)

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