901 Shares in National HealthCare Co. (NYSE:NHC) Acquired by Innealta Capital LLC

Innealta Capital LLC bought a new stake in National HealthCare Co. (NYSE:NHC) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 901 shares of the company’s stock, valued at approximately $98,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its position 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 worth $150,633,000 after purchasing an additional 74,911 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in National HealthCare by 4,448.7% in the first quarter. Lazard Asset Management LLC now owns 55,267 shares of the company’s stock worth $5,222,000 after acquiring an additional 54,052 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of National HealthCare by 139.3% during the second quarter. Allspring Global Investments Holdings LLC now owns 49,627 shares of the company’s stock worth $5,380,000 after acquiring an additional 28,886 shares during the last quarter. State Board of Administration of Florida Retirement System increased its holdings in shares of 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 valued at $2,811,000 after acquiring an additional 2,186 shares in the last quarter. Finally, Summit Global Investments raised its position in shares of National HealthCare by 32.7% in the 2nd quarter. Summit Global Investments now owns 10,751 shares of the company’s stock valued at $1,165,000 after purchasing an additional 2,650 shares during the last quarter. 56.44% of the stock is owned by hedge funds and other institutional investors.

National HealthCare Stock Performance

NHC stock traded up $1.44 during trading on Friday, reaching $137.13. The company had a trading volume of 41,687 shares, compared to its average volume of 61,956. The firm has a market cap of $2.11 billion, a P/E ratio of 25.80 and a beta of 0.42. National HealthCare Co. has a twelve month low of $63.44 and a twelve month high of $138.49. The business has a 50-day simple moving average of $122.96.

National HealthCare (NYSE:NHC) last posted its quarterly earnings data on Friday, August 9th. The company reported $1.00 EPS for the quarter. National HealthCare had a net margin of 6.95% and a return on equity of 6.28%. The business had revenue of $300.66 million during the quarter.

National HealthCare Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Monday, September 30th will be issued a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Monday, September 30th. National HealthCare’s dividend payout ratio (DPR) is currently 46.39%.

National HealthCare Profile

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.