Sei Investments Co. raised its stake in National HealthCare Co. (NYSEAMERICAN:NHC) by 29.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,429 shares of the company’s stock after buying an additional 1,458 shares during the period. Sei Investments Co.’s holdings in National HealthCare were worth $452,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Nisa Investment Advisors LLC boosted its position in National HealthCare by 65.3% in the second quarter. Nisa Investment Advisors LLC now owns 2,025 shares of the company’s stock valued at $143,000 after buying an additional 800 shares in the last quarter. Hartford Investment Management Co. acquired a new stake in National HealthCare in the second quarter valued at approximately $230,000. Element Capital Management LLC acquired a new stake in National HealthCare in the first quarter valued at approximately $234,000. A.R.T. Advisors LLC boosted its position in National HealthCare by 21.7% in the first quarter. A.R.T. Advisors LLC now owns 4,483 shares of the company’s stock valued at $267,000 after buying an additional 800 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its position in National HealthCare by 496.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 4,744 shares of the company’s stock valued at $283,000 after buying an additional 3,948 shares in the last quarter.
In other news, VP John K. Lines sold 9,350 shares of the firm’s stock in a transaction on Friday, August 31st. The shares were sold at an average price of $77.30, for a total transaction of $722,755.00. Following the completion of the transaction, the vice president now owns 24,453 shares of the company’s stock, valued at $1,890,216.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Emil E. Hassan sold 5,000 shares of the firm’s stock in a transaction on Thursday, August 16th. The shares were sold at an average price of $76.48, for a total transaction of $382,400.00. Following the transaction, the director now directly owns 50,509 shares of the company’s stock, valued at approximately $3,862,928.32. The disclosure for this sale can be found here. Insiders have sold 17,350 shares of company stock valued at $1,325,085 in the last ninety days.
National HealthCare (NYSEAMERICAN:NHC) last released its quarterly earnings results on Friday, August 10th. The company reported $0.93 earnings per share (EPS) for the quarter. The firm had revenue of $242.14 million during the quarter. National HealthCare had a net margin of 8.65% and a return on equity of 12.36%.
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Friday, September 28th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.70%. The ex-dividend date is Thursday, September 27th.
About National HealthCare
National HealthCare Corporation operates, manages, and provides services to skilled nursing facilities, assisted living facilities, independent living facilities, and home health care programs. The company's 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 services for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.
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