Inspire Advisors LLC Takes $204,000 Position in National HealthCare Co. $NHC

Inspire Advisors LLC purchased a new position in shares of National HealthCare Co. (NYSE:NHC) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 1,910 shares of the company’s stock, valued at approximately $204,000.

Several other large investors have also bought and sold shares of the stock. AlphaQuest LLC boosted its holdings in National HealthCare by 3,508.3% during the 2nd quarter. AlphaQuest LLC now owns 866 shares of the company’s stock worth $93,000 after acquiring an additional 842 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in National HealthCare during the second quarter worth about $246,000. Royal Bank of Canada grew its position in National HealthCare by 53.6% in the 1st quarter. Royal Bank of Canada now owns 2,724 shares of the company’s stock worth $253,000 after purchasing an additional 950 shares in the last quarter. Institute for Wealth Management LLC. purchased a new stake in National HealthCare in the 2nd quarter valued at about $256,000. Finally, Quantbot Technologies LP bought a new position in shares of National HealthCare during the 1st quarter worth approximately $277,000. 56.44% of the stock is currently owned by institutional investors.

National HealthCare Price Performance

Shares of NYSE NHC opened at $127.36 on Friday. The company has a market capitalization of $1.98 billion, a PE ratio of 15.96 and a beta of 0.59. The company has a quick ratio of 1.77, a current ratio of 1.80 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average price is $122.35 and its 200-day moving average price is $110.73. National HealthCare Co. has a twelve month low of $89.14 and a twelve month high of $133.03.

About National HealthCare

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.