Bokf Na Increases Position in National HealthCare Co. (NYSE:NHC)

Bokf Na lifted its stake in shares of National HealthCare Co. (NYSE:NHC) by 77.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 4,614 shares of the company’s stock after purchasing an additional 2,008 shares during the quarter. Bokf Na’s holdings in National HealthCare were worth $500,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Illinois Municipal Retirement Fund acquired a new position in National HealthCare during the first quarter worth $745,000. Susquehanna Fundamental Investments LLC acquired a new position in shares of National HealthCare during the 1st quarter valued at about $206,000. ProShare Advisors LLC grew its holdings in shares of National HealthCare by 7.3% in the first quarter. ProShare Advisors LLC now owns 2,539 shares of the company’s stock valued at $240,000 after purchasing an additional 172 shares during the period. State Board of Administration of Florida Retirement System grew its holdings in shares of National HealthCare by 7.9% in 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 purchasing an additional 2,186 shares during the period. Finally, Vanguard Group Inc. increased its position in National HealthCare by 4.9% during the first 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 during the last quarter. 56.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at National HealthCare

In other National HealthCare news, SVP Brian F. Kidd sold 2,000 shares of the stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $130.01, for a total transaction of $260,020.00. Following the completion of the transaction, the senior vice president now owns 21,747 shares of the company’s stock, valued at $2,827,327.47. The sale was disclosed in a legal filing with the SEC, which is available at this link. 13.75% of the stock is owned by insiders.

National HealthCare Stock Down 0.1 %

NYSE:NHC opened at $124.51 on Tuesday. The company has a 50-day moving average price of $127.42. National HealthCare Co. has a 1-year low of $63.44 and a 1-year high of $138.49. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of 23.67 and a beta of 0.41.

National HealthCare (NYSE:NHC) last released its quarterly earnings results on Friday, August 9th. The company reported $1.00 EPS for the quarter. The firm had revenue of $300.66 million for the quarter. National HealthCare had a net margin of 7.74% and a return on equity of 6.39%.

National HealthCare Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Monday, September 30th will be given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend is Monday, September 30th. National HealthCare’s payout ratio is 46.39%.

National HealthCare Company 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.