O Shaughnessy Asset Management LLC bought a new position in shares of National HealthCare Co. (NYSE:NHC – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,485 shares of the company’s stock, valued at approximately $613,000.
Other institutional investors have also recently bought and sold shares of the company. Susquehanna Fundamental Investments LLC acquired a new position in National HealthCare during the first quarter worth about $206,000. ProShare Advisors LLC raised 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 acquiring an additional 172 shares in the last quarter. Illinois Municipal Retirement Fund acquired a new position in National HealthCare during the first quarter worth about $745,000. State Board of Administration of Florida Retirement System raised its stake in National HealthCare by 7.9% during 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 National HealthCare by 4.9% during the first quarter. Vanguard Group Inc. now owns 1,593,829 shares of the company’s stock worth $150,633,000 after acquiring an additional 74,911 shares in the last quarter. Institutional investors and hedge funds own 56.44% of the company’s stock.
National HealthCare Stock Performance
Shares of NYSE NHC opened at $135.76 on Monday. The firm has a market capitalization of $2.09 billion, a P/E ratio of 36.99 and a beta of 0.42. National HealthCare Co. has a 12 month low of $57.90 and a 12 month high of $136.01. The business’s 50-day simple moving average is $110.80.
National HealthCare (NYSE:NHC – Get Free Report) last released its quarterly earnings data on Friday, May 10th. The company reported $0.97 earnings per share (EPS) for the quarter. National HealthCare had a return on equity of 6.28% and a net margin of 6.95%. The company had revenue of $297.18 million during the quarter.
National HealthCare Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 1st. Stockholders of record on Friday, June 28th will be paid a $0.61 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $2.44 annualized dividend and a dividend yield of 1.80%. This is an increase from National HealthCare’s previous quarterly dividend of $0.59. National HealthCare’s dividend payout ratio is currently 46.39%.
National HealthCare Company Profile
(Free Report)
National HealthCare Corporation principally operates long-term health carecenters and home health care programs. Their health care centers provide subacute, skilled and intermediate nursing and rehabilitative care.
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