Inspire Investing LLC Raises Stock Holdings in National HealthCare Co. $NHC

Inspire Investing LLC increased its position in National HealthCare Co. (NYSE:NHC) by 3.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,519 shares of the company’s stock after buying an additional 152 shares during the quarter. Inspire Investing LLC’s holdings in National HealthCare were worth $484,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Alps Advisors Inc. increased its position in shares of National HealthCare by 7.7% in the first quarter. Alps Advisors Inc. now owns 147,800 shares of the company’s stock valued at $13,716,000 after acquiring an additional 10,614 shares during the period. Goldman Sachs Group Inc. increased its holdings in National HealthCare by 7.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 73,772 shares of the company’s stock valued at $6,846,000 after purchasing an additional 4,879 shares during the period. Principal Financial Group Inc. increased its holdings in National HealthCare by 2.6% during the 1st quarter. Principal Financial Group Inc. now owns 65,410 shares of the company’s stock valued at $6,070,000 after purchasing an additional 1,671 shares during the period. Rhumbline Advisers increased its holdings in National HealthCare by 3.2% during the 1st quarter. Rhumbline Advisers now owns 45,046 shares of the company’s stock valued at $4,180,000 after purchasing an additional 1,377 shares during the period. Finally, Public Sector Pension Investment Board increased its holdings in National HealthCare by 27.4% during the 1st quarter. Public Sector Pension Investment Board now owns 39,160 shares of the company’s stock valued at $3,634,000 after purchasing an additional 8,429 shares during the period. Hedge funds and other institutional investors own 56.44% of the company’s stock.

National HealthCare Price Performance

NHC opened at $117.43 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.77 and a current ratio of 1.80. National HealthCare Co. has a 52-week low of $89.14 and a 52-week high of $136.86. The stock has a market capitalization of $1.82 billion, a PE ratio of 14.72 and a beta of 0.58. The stock’s 50 day moving average price is $113.61 and its 200-day moving average price is $104.56.

National HealthCare Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.64 per share. This represents a $2.56 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, September 30th. National HealthCare’s payout ratio is presently 38.15%.

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.