Marshall Wace LLP Buys Shares of 2,100 National HealthCare Co. (NYSE:NHC)

Marshall Wace LLP bought a new stake in National HealthCare Co. (NYSE:NHC) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 2,100 shares of the company’s stock, valued at approximately $228,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Evergreen Capital Management LLC lifted its stake in National HealthCare by 2.9% during the second quarter. Evergreen Capital Management LLC now owns 3,426 shares of the company’s stock worth $373,000 after purchasing an additional 97 shares during the last quarter. Louisiana State Employees Retirement System lifted its stake in National HealthCare by 1.5% during the second quarter. Louisiana State Employees Retirement System now owns 6,800 shares of the company’s stock worth $737,000 after purchasing an additional 100 shares during the last quarter. Bank of Montreal Can lifted its stake in National HealthCare by 2.6% during the second quarter. Bank of Montreal Can now owns 3,903 shares of the company’s stock worth $423,000 after purchasing an additional 100 shares during the last quarter. WINTON GROUP Ltd lifted its stake in National HealthCare by 1.1% during the second quarter. WINTON GROUP Ltd now owns 9,719 shares of the company’s stock worth $1,054,000 after purchasing an additional 107 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in National HealthCare by 196.2% during 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 last quarter. 56.44% of the stock is owned by institutional investors and hedge funds.

National HealthCare Stock Performance

NHC stock opened at $120.40 on Friday. The stock’s 50 day simple moving average is $126.12. The stock has a market capitalization of $1.85 billion, a PE ratio of 22.89 and a beta of 0.40. National HealthCare Co. has a fifty-two week low of $63.65 and a fifty-two week high of $138.49.

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

National HealthCare Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Monday, September 30th will be paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date is Monday, September 30th. National HealthCare’s dividend payout ratio is currently 46.39%.

Insider Buying and Selling at National HealthCare

In other National HealthCare 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 value of $260,020.00. Following the completion of the sale, the senior vice president now owns 21,747 shares in the company, valued at approximately $2,827,327.47. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.75% of the stock is owned by company insiders.

National HealthCare Company 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.