Militia Capital Partners LP Acquires New Position in National HealthCare Corporation $NHC

Militia Capital Partners LP bought a new position in National HealthCare Corporation (NYSEAMERICAN:NHC) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,400 shares of the company’s stock, valued at approximately $656,000.

Several other institutional investors also recently bought and sold shares of the business. Algert Global LLC purchased a new position in shares of National HealthCare during the 3rd quarter worth $460,000. Creative Planning increased its stake in National HealthCare by 12.8% in the third quarter. Creative Planning now owns 13,426 shares of the company’s stock valued at $1,631,000 after purchasing an additional 1,527 shares during the last quarter. Virtu Financial LLC purchased a new position in National HealthCare during the third quarter worth about $271,000. Deerfield Management Company L.P. boosted its stake in National HealthCare by 398.4% in the 3rd quarter. Deerfield Management Company L.P. now owns 14,584 shares of the company’s stock worth $1,772,000 after buying an additional 11,658 shares during the last quarter. Finally, Horizon Investments LLC boosted its stake in National HealthCare by 44.6% in the 3rd quarter. Horizon Investments LLC now owns 7,056 shares of the company’s stock worth $857,000 after buying an additional 2,178 shares during the last quarter. 56.44% of the stock is currently owned by institutional investors and hedge funds.

National HealthCare Price Performance

NHC opened at $164.96 on Tuesday. National HealthCare Corporation has a 12 month low of $89.14 and a 12 month high of $174.54. The business has a 50-day moving average of $152.85 and a two-hundred day moving average of $135.81. The stock has a market capitalization of $2.56 billion, a price-to-earnings ratio of 21.51 and a beta of 0.60.

National HealthCare (NYSEAMERICAN:NHC) last announced its quarterly earnings data on Thursday, February 26th. The company reported $1.83 earnings per share for the quarter. National HealthCare had a net margin of 7.91% and a return on equity of 9.59%. The business had revenue of $386.51 million for the quarter.

National HealthCare Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.64 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.56 dividend on an annualized basis and a yield of 1.6%. National HealthCare’s dividend payout ratio (DPR) is currently 59.12%.

Insider Buying and Selling at National HealthCare

In other National HealthCare news, VP Timothy J. Shelly sold 2,454 shares of National HealthCare stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $139.42, for a total value of $342,136.68. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 14.97% of the stock is currently owned by company insiders.

About National HealthCare

National HealthCare Corporation (NYSE American: NHC) is a healthcare services company specializing in long-term care and post-acute rehabilitation. The company operates skilled nursing facilities, assisted living communities and outpatient therapy clinics. Through its subsidiary, National HealthCare Partners, NHC provides contract rehabilitation services, pharmacy management and clinical consulting to a broad network of senior living and healthcare providers.

Headquartered in Murfreesboro, Tennessee, National HealthCare Corporation has built a regional footprint across the southeastern and south-central United States.