Strs Ohio increased its position in shares of National HealthCare Co. (NYSEMKT:NHC) by 13.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,500 shares of the company’s stock after buying an additional 1,500 shares during the quarter. Strs Ohio owned about 0.08% of National HealthCare worth $782,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of NHC. Russell Investments Group Ltd. raised its stake in shares of National HealthCare by 1.6% in the second quarter. Russell Investments Group Ltd. now owns 56,013 shares of the company’s stock worth $3,929,000 after purchasing an additional 904 shares during the last quarter. Bowling Portfolio Management LLC purchased a new stake in shares of National HealthCare in the second quarter worth approximately $870,000. Sei Investments Co. raised its stake in shares of National HealthCare by 70.8% in the second quarter. Sei Investments Co. now owns 4,121 shares of the company’s stock worth $289,000 after purchasing an additional 1,708 shares during the last quarter. Cigna Investments Inc. New purchased a new stake in shares of National HealthCare in the second quarter worth approximately $242,000. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of National HealthCare by 0.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 44,843 shares of the company’s stock worth $3,146,000 after purchasing an additional 356 shares during the last quarter.

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In other news, SVP Jeffrey Russell Smith sold 1,848 shares of the company’s stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $62.78, for a total value of $116,017.44. Following the completion of the transaction, the senior vice president now directly owns 3,111 shares of the company’s stock, valued at $195,308.58. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

National HealthCare Co. (NHC) opened at $64.03 on Monday. National HealthCare Co. has a twelve month low of $57.73 and a twelve month high of $78.99.

National HealthCare (NYSEMKT:NHC) last released its earnings results on Friday, August 4th. The company reported $0.70 earnings per share (EPS) for the quarter. The company had revenue of $239.46 million during the quarter. National HealthCare had a return on equity of 6.26% and a net margin of 4.41%.

National HealthCare declared that its board has initiated a stock repurchase plan on Wednesday, August 9th that allows the company to repurchase $25.00 million in shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Several analysts have recently commented on the company. BidaskClub raised National HealthCare from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 18th. ValuEngine downgraded National HealthCare from a “hold” rating to a “sell” rating in a research note on Monday, October 2nd.

National HealthCare Profile

National HealthCare Corporation (NHC) is engaged in the operation of skilled nursing facilities, assisted living facilities, independent living facilities and homecare programs. The Company is engaged in the post-acute healthcare industry segment. Its business activities include providing sub-acute and post-acute skilled nursing care, intermediate nursing care, rehabilitative care, memory and Alzheimer’s care, senior living services, and home healthcare services.

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Institutional Ownership by Quarter for National HealthCare (NYSEMKT:NHC)

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