Inspire Investing LLC Has $440,000 Holdings in National HealthCare Co. (NYSE:NHC)

Inspire Investing LLC lifted its holdings in National HealthCare Co. (NYSE:NHC) by 10.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,092 shares of the company’s stock after acquiring an additional 390 shares during the period. Inspire Investing LLC’s holdings in National HealthCare were worth $440,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. GAMMA Investing LLC grew its stake in shares of National HealthCare by 35.5% in the third quarter. GAMMA Investing LLC now owns 313 shares of the company’s stock valued at $39,000 after acquiring an additional 82 shares in the last quarter. Copeland Capital Management LLC acquired a new position in shares of National HealthCare in the third quarter valued at about $62,000. Reliant Investment Management LLC acquired a new position in shares of National HealthCare in the third quarter valued at about $203,000. Ballentine Partners LLC acquired a new position in shares of National HealthCare in the third quarter valued at about $223,000. Finally, Marshall Wace LLP bought a new stake in National HealthCare during the second quarter worth about $228,000. 56.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Insider Transactions at National HealthCare

In other news, VP Timothy J. Shelly sold 614 shares of the stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $121.44, for a total value of $74,564.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Health Corp National sold 28,147 shares of the stock in a transaction dated Friday, December 20th. The stock was 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 directly 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 position. The disclosure for this sale can be found here. Company insiders own 13.75% of the company’s stock.

National HealthCare Trading Down 0.8 %

NHC opened at $95.99 on Friday. National HealthCare Co. has a twelve month low of $87.03 and a twelve month high of $138.49. The company has a 50-day simple moving average of $112.86 and a 200 day simple moving average of $121.17. The company has a quick ratio of 1.77, a current ratio of 1.80 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 12.03 and a beta of 0.46.

National HealthCare (NYSE:NHC) last posted its quarterly earnings data on Friday, November 8th. The company reported $1.20 earnings per share for the quarter. National HealthCare had a net margin of 10.03% and a return on equity of 6.87%. The business had revenue of $340.20 million during the quarter.

National HealthCare Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, December 30th will be issued a $0.61 dividend. The ex-dividend date is Monday, December 30th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.54%. National HealthCare’s dividend payout ratio (DPR) is currently 30.58%.

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.