National HealthCare (NYSEAMERICAN:NHC) VP Sells $609,681.37 in Stock

National HealthCare Corporation (NYSEAMERICAN:NHC) VP Josh Mccreary sold 2,719 shares of the company’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $224.23, for a total transaction of $609,681.37. Following the completion of the transaction, the vice president owned 9,979 shares of the company’s stock, valued at approximately $2,237,591.17. This trade represents a 21.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

National HealthCare Trading Down 0.6%

NHC opened at $225.36 on Thursday. The business’s 50 day moving average is $222.64 and its 200-day moving average is $195.52. The stock has a market cap of $3.53 billion, a PE ratio of 25.35 and a beta of 0.62. National HealthCare Corporation has a twelve month low of $114.86 and a twelve month high of $239.29.

National HealthCare (NYSEAMERICAN:NHC) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.74 earnings per share (EPS) for the quarter. National HealthCare had a return on equity of 10.03% and a net margin of 9.00%.The business had revenue of $408.03 million during the quarter.

National HealthCare Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Wednesday, September 30th. National HealthCare’s payout ratio is 61.89%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Tidal Investments LLC acquired a new stake in National HealthCare in the second quarter worth about $346,000. Squarepoint Ops LLC bought a new position in National HealthCare in the 2nd quarter valued at about $482,000. Nykredit A S bought a new position in National HealthCare in the 2nd quarter valued at about $207,000. Corient Private Wealth LP increased its stake in National HealthCare by 158.6% during the 2nd quarter. Corient Private Wealth LP now owns 11,825 shares of the company’s stock valued at $2,499,000 after buying an additional 7,252 shares during the period. Finally, Amundi acquired a new position in National HealthCare during the 2nd quarter valued at about $297,000. 56.44% of the stock is owned by institutional investors and hedge funds.

About National HealthCare

National HealthCare Corporation (NHC) is a provider of post-acute health care and senior living services headquartered in Murfreesboro, Tennessee. The company operates skilled nursing and rehabilitation centers, assisted living and retirement communities, and other services designed to support patients and residents who need short-term recovery, long-term care or assistance with daily living.

NHC also provides home health, hospice and palliative care, behavioral health services, and pharmacy services.