Squarepoint Ops LLC Acquires 5,387 Shares of National HealthCare Co. $NHC

Squarepoint Ops LLC increased its stake in National HealthCare Co. (NYSE:NHC) by 55.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,039 shares of the company’s stock after acquiring an additional 5,387 shares during the quarter. Squarepoint Ops LLC owned 0.10% of National HealthCare worth $1,609,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of NHC. Raymond James Financial Inc. acquired a new stake in National HealthCare in the second quarter worth $58,000. EverSource Wealth Advisors LLC grew its stake in shares of National HealthCare by 219.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 633 shares of the company’s stock valued at $68,000 after buying an additional 435 shares during the period. AlphaQuest LLC increased its position in National HealthCare by 3,508.3% in the 2nd quarter. AlphaQuest LLC now owns 866 shares of the company’s stock valued at $93,000 after buying an additional 842 shares in the last quarter. State of Wyoming bought a new stake in National HealthCare in the 2nd quarter valued at about $127,000. Finally, BNP Paribas Financial Markets raised its stake in National HealthCare by 56.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,374 shares of the company’s stock worth $147,000 after buying an additional 493 shares during the period. Institutional investors and hedge funds own 56.44% of the company’s stock.

Insider Activity

In related 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 14.97% of the stock is currently owned by corporate insiders.

National HealthCare Stock Down 0.0%

Shares of NYSE:NHC opened at $141.64 on Friday. 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 $144.52. The business’s 50 day simple moving average is $129.42 and its two-hundred day simple moving average is $115.74. The firm has a market cap of $2.20 billion, a P/E ratio of 17.75 and a beta of 0.65.

National HealthCare Profile

National HealthCare Corporation (NYSE: NHC) is a diversified provider of senior health care and related services, headquartered in Murfreesboro, Tennessee. Established in 1971, the company operates a network of post-acute and long-term care facilities, including skilled nursing centers, assisted living communities, independent living residences, and memory care units. In addition to its brick-and-mortar operations, the company offers home health, hospice, and rehabilitation services, aiming to support aging individuals at every stage of care.

The company’s skilled nursing facilities deliver 24-hour nursing services, therapy programs, and customized care plans designed to enhance patient recovery and quality of life.