Inspire Advisors LLC Has $205,000 Stock Holdings in National HealthCare Co. (NYSE:NHC)

Inspire Advisors LLC lessened its position in National HealthCare Co. (NYSE:NHC) by 14.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,630 shares of the company’s stock after selling 282 shares during the period. Inspire Advisors LLC’s holdings in National HealthCare were worth $205,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in shares of National HealthCare by 196.2% in the 2nd quarter. GAMMA Investing LLC now owns 231 shares of the company’s stock valued at $25,000 after purchasing an additional 153 shares in the last quarter. EntryPoint Capital LLC acquired a new stake in shares of National HealthCare in the 1st quarter valued at $58,000. Innealta Capital LLC acquired a new position in National HealthCare during the 2nd quarter worth about $98,000. Reliant Investment Management LLC acquired a new position in National HealthCare during the 3rd quarter worth about $203,000. Finally, Susquehanna Fundamental Investments LLC acquired a new position in National HealthCare during the 1st quarter worth about $206,000. Institutional investors and hedge funds own 56.44% of the company’s stock.

National HealthCare Trading Down 1.5 %

Shares of NYSE NHC opened at $122.24 on Monday. The stock’s 50-day moving average is $126.35. The firm has a market cap of $1.88 billion, a P/E ratio of 23.24 and a beta of 0.40. National HealthCare Co. has a 12-month low of $65.10 and a 12-month high of $138.49.

National HealthCare (NYSE:NHC) last issued its quarterly earnings results on Friday, August 9th. The company reported $1.00 earnings per share (EPS) for the quarter. The business 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 business also recently declared 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. The ex-dividend date of this dividend is Monday, September 30th. This represents a $2.44 annualized dividend and a yield of 2.00%. National HealthCare’s dividend payout ratio (DPR) is 46.39%.

Insider Buying and Selling

In other National HealthCare news, SVP Brian F. Kidd sold 2,000 shares of the business’s stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $130.01, for a total transaction of $260,020.00. Following the completion of the sale, the senior vice president now directly owns 21,747 shares of the company’s stock, valued at approximately $2,827,327.47. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 13.75% of the stock is owned by corporate insiders.

About National HealthCare

National HealthCare Corporation engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals. Its skilled nursing facilities offer licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services, as well as medical services prescribed by physicians; and rehabilitative services, such as physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.