3,280 Shares in National HealthCare Corporation $NHC Bought by Bailard Inc.

Bailard Inc. purchased a new position in National HealthCare Corporation (NYSEAMERICAN:NHC) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 3,280 shares of the company’s stock, valued at approximately $450,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new stake in National HealthCare in the 3rd quarter worth $25,000. Quarry LP increased its holdings in National HealthCare by 171.9% in the 3rd quarter. Quarry LP now owns 261 shares of the company’s stock worth $32,000 after acquiring an additional 165 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in National HealthCare in the 2nd quarter worth $58,000. EverSource Wealth Advisors LLC increased its holdings in National HealthCare by 219.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 633 shares of the company’s stock worth $68,000 after acquiring an additional 435 shares in the last quarter. Finally, Exchange Traded Concepts LLC purchased a new stake in National HealthCare in the 4th quarter worth $71,000. Hedge funds and other institutional investors own 56.44% of the company’s stock.

National HealthCare Stock Performance

Shares of NYSEAMERICAN NHC opened at $197.96 on Friday. The firm has a market cap of $3.09 billion, a PE ratio of 25.15 and a beta of 0.64. The firm has a fifty day moving average of $168.00 and a 200 day moving average of $150.26. National HealthCare Corporation has a one year low of $93.54 and a one year high of $199.62.

National HealthCare (NYSEAMERICAN:NHC) last issued its quarterly earnings results on Thursday, May 7th. The company reported $1.91 EPS for the quarter. The company had revenue of $381.82 million during the quarter. National HealthCare had a net margin of 8.10% and a return on equity of 9.98%.

National HealthCare Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.67 per share. This is a boost from National HealthCare’s previous quarterly dividend of $0.64. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.68 annualized dividend and a yield of 1.4%. National HealthCare’s dividend payout ratio is presently 59.12%.

National HealthCare Company Profile

National HealthCare Corporation (NYSE American: NHC) is a healthcare services company specializing in long-term care and post-acute rehabilitation. The company operates skilled nursing facilities, assisted living communities and outpatient therapy clinics. Through its subsidiary, National HealthCare Partners, NHC provides contract rehabilitation services, pharmacy management and clinical consulting to a broad network of senior living and healthcare providers.

Headquartered in Murfreesboro, Tennessee, National HealthCare Corporation has built a regional footprint across the southeastern and south-central United States.