489 Shares in National HealthCare Co. (NYSE:NHC) Purchased by Copeland Capital Management LLC

Copeland Capital Management LLC acquired a new position in shares of National HealthCare Co. (NYSE:NHC) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 489 shares of the company’s stock, valued at approximately $62,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Illinois Municipal Retirement Fund acquired a new stake in National HealthCare during the first quarter worth about $745,000. UniSuper Management Pty Ltd acquired a new stake in shares of National HealthCare during the first quarter valued at about $366,000. TD Asset Management Inc increased its position in shares of National HealthCare by 51.7% during the second quarter. TD Asset Management Inc now owns 13,500 shares of the company’s stock valued at $1,463,000 after acquiring an additional 4,600 shares during the last quarter. Miller Howard Investments Inc. NY acquired a new stake in shares of National HealthCare during the second quarter valued at about $323,000. Finally, Marshall Wace LLP acquired a new stake in shares of National HealthCare during the second quarter valued at about $228,000. 56.44% of the stock is currently owned by institutional investors and hedge funds.

National HealthCare Stock Down 0.2 %

Shares of NHC stock opened at $119.44 on Wednesday. The firm has a market capitalization of $1.84 billion, a PE ratio of 22.56 and a beta of 0.40. The company has a 50 day simple moving average of $126.24. National HealthCare Co. has a fifty-two week low of $65.15 and a fifty-two week high of $138.49.

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

National HealthCare Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Monday, September 30th will be paid a $0.61 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $2.44 dividend on an annualized basis and a yield of 2.04%. National HealthCare’s dividend payout ratio is currently 46.39%.

Insider Buying and Selling

In related news, SVP Brian F. Kidd sold 2,000 shares of National HealthCare stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $130.01, for a total value of $260,020.00. Following the completion of the transaction, the senior vice president now owns 21,747 shares in the company, valued at $2,827,327.47. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 13.75% of the stock is owned by insiders.

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.