Inspire Advisors LLC Sells 208 Shares of National HealthCare Co. (NYSE:NHC)

Inspire Advisors LLC lessened its position in National HealthCare Co. (NYSE:NHC) by 9.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,912 shares of the company’s stock after selling 208 shares during the period. Inspire Advisors LLC’s holdings in National HealthCare were worth $207,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC increased its stake in shares of National HealthCare by 196.2% in the second quarter. GAMMA Investing LLC now owns 231 shares of the company’s stock worth $25,000 after purchasing an additional 153 shares during the period. EntryPoint Capital LLC acquired a new stake in National HealthCare in the 1st quarter valued at approximately $58,000. Innealta Capital LLC bought a new position in National HealthCare in the 2nd quarter worth approximately $98,000. Susquehanna Fundamental Investments LLC acquired a new position in shares of National HealthCare during the first quarter worth approximately $206,000. Finally, Blue Trust Inc. boosted its position in shares of National HealthCare by 6,700.0% in the second quarter. Blue Trust Inc. now owns 2,040 shares of the company’s stock valued at $221,000 after acquiring an additional 2,010 shares during the period. Institutional investors and hedge funds own 56.44% of the company’s stock.

National HealthCare Price Performance

Shares of NHC stock opened at $124.65 on Monday. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of 23.70 and a beta of 0.41. National HealthCare Co. has a 1 year low of $63.44 and a 1 year high of $138.49. The business’s fifty day moving average is $127.23.

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

National HealthCare Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Monday, September 30th will be issued a $0.61 dividend. The ex-dividend date is Monday, September 30th. This represents a $2.44 annualized dividend and a yield of 1.96%. National HealthCare’s dividend payout ratio (DPR) is 46.39%.

Insiders Place Their Bets

In other news, SVP Brian F. Kidd sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $130.01, for a total transaction of $260,020.00. Following the sale, the senior vice president now directly owns 21,747 shares in the company, valued at $2,827,327.47. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 13.75% of the company’s stock.

About National HealthCare

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.