Inspire Investing LLC Acquires 390 Shares of National HealthCare Co. (NYSE:NHC)

Inspire Investing LLC boosted its holdings in National HealthCare Co. (NYSE:NHC) by 10.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 4,092 shares of the company’s stock after buying an additional 390 shares during the period. Inspire Investing LLC’s holdings in National HealthCare were worth $440,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Ellsworth Advisors LLC bought a new position in National HealthCare in the 4th quarter valued at approximately $650,000. JPMorgan Chase & Co. increased its position in National HealthCare by 6.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 43,073 shares of the company’s stock valued at $5,417,000 after purchasing an additional 2,419 shares during the period. Franklin Resources Inc. increased its position in National HealthCare by 6.5% during the 3rd quarter. Franklin Resources Inc. now owns 6,655 shares of the company’s stock valued at $806,000 after purchasing an additional 409 shares during the period. Hohimer Wealth Management LLC acquired a new stake in National HealthCare during the 3rd quarter valued at approximately $274,000. Finally, Barclays PLC increased its position in National HealthCare by 345.6% during the 3rd quarter. Barclays PLC now owns 21,063 shares of the company’s stock valued at $2,649,000 after purchasing an additional 16,336 shares during the period. Institutional investors own 56.44% of the company’s stock.

Insider Transactions at National HealthCare

In related news, insider Health Corp National sold 28,147 shares of National HealthCare stock in a transaction on Friday, December 20th. The shares were sold at an average price of $113.71, for a total value of $3,200,595.37. Following the completion of the sale, the insider now owns 1,056,616 shares of the company’s stock, valued at approximately $120,147,805.36. This trade represents a 2.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Timothy J. Shelly sold 614 shares of National HealthCare stock in a transaction on Friday, December 13th. The shares were sold at an average price of $121.44, for a total transaction of $74,564.16. The disclosure for this sale can be found here. Insiders own 13.75% of the company’s stock.

National HealthCare Stock Performance

NYSE:NHC opened at $95.99 on Friday. The company has a market capitalization of $1.48 billion, a PE ratio of 12.03 and a beta of 0.46. The company has a 50 day simple moving average of $112.86 and a two-hundred day simple moving average of $121.17. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.77 and a current ratio of 1.80. National HealthCare Co. has a fifty-two week low of $87.03 and a fifty-two week high of $138.49.

National HealthCare (NYSE:NHC) last announced its quarterly earnings data on Friday, November 8th. The company reported $1.20 EPS for the quarter. The company had revenue of $340.20 million during the quarter. National HealthCare had a net margin of 10.03% and a return on equity of 6.87%.

National HealthCare Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, December 30th will be given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 2.54%. The ex-dividend date is Monday, December 30th. National HealthCare’s dividend payout ratio (DPR) is 30.58%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of National HealthCare from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 16th.

National HealthCare Profile

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.