Vicki Dodson Sells 4,834 Shares of National HealthCare (NYSEAMERICAN:NHC) Stock

National HealthCare Corporation (NYSEAMERICAN:NHC) VP Vicki Dodson sold 4,834 shares of National HealthCare stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $225.00, for a total value of $1,087,650.00. Following the completion of the sale, the vice president directly owned 10,726 shares of the company’s stock, valued at approximately $2,413,350. This trade represents a 31.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

National HealthCare Price Performance

NYSEAMERICAN:NHC traded up $2.01 on Wednesday, reaching $224.87. 98,806 shares of the company’s stock were exchanged, compared to its average volume of 111,368. The firm has a market cap of $3.52 billion, a price-to-earnings ratio of 25.29 and a beta of 0.62. National HealthCare Corporation has a 52 week low of $116.42 and a 52 week high of $239.29. The stock has a fifty day simple moving average of $223.64 and a 200-day simple moving average of $197.03.

National HealthCare (NYSEAMERICAN:NHC) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.74 earnings per share (EPS) for the quarter. The business had revenue of $408.03 million for the quarter. National HealthCare had a return on equity of 10.03% and a net margin of 9.00%.

National HealthCare Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.67 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $2.68 annualized dividend and a yield of 1.2%. National HealthCare’s payout ratio is currently 61.89%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in NHC. BlackRock Inc. bought a new stake in National HealthCare during the second quarter valued at $417,602,000. Morgan Stanley Institutional Investment Advisors LLC increased its stake in National HealthCare by 38.6% in the 4th quarter. Morgan Stanley Institutional Investment Advisors LLC now owns 1,038,787 shares of the company’s stock worth $142,407,000 after acquiring an additional 289,566 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of National HealthCare by 45.4% in the 1st quarter. First Trust Advisors LP now owns 530,302 shares of the company’s stock valued at $84,689,000 after acquiring an additional 165,615 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of National HealthCare in the 2nd quarter valued at about $25,854,000. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of National HealthCare by 407.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 75,257 shares of the company’s stock worth $12,019,000 after purchasing an additional 60,420 shares during the last quarter. Institutional investors own 56.44% of the company’s stock.

National HealthCare Company Profile

National HealthCare Corporation (NHC) is a provider of post-acute health care and senior living services headquartered in Murfreesboro, Tennessee. The company operates skilled nursing and rehabilitation centers, assisted living and retirement communities, and other services designed to support patients and residents who need short-term recovery, long-term care or assistance with daily living.

NHC also provides home health, hospice and palliative care, behavioral health services, and pharmacy services.