Pinnacle Financial Partners Inc. raised its holdings in National HealthCare Co. (NYSEAMERICAN:NHC) by 43.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,078 shares of the company’s stock after purchasing an additional 7,587 shares during the quarter. Pinnacle Financial Partners Inc.’s holdings in National HealthCare were worth $1,665,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of the business. Advisor Group Holdings Inc. raised its position in National HealthCare by 13.0% in the 2nd quarter. Advisor Group Holdings Inc. now owns 1,511 shares of the company’s stock valued at $96,000 after purchasing an additional 174 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of National HealthCare by 100.5% during the second quarter. Public Employees Retirement System of Ohio now owns 429 shares of the company’s stock worth $27,000 after buying an additional 215 shares during the period. AQR Capital Management LLC boosted its position in shares of National HealthCare by 0.9% during the second quarter. AQR Capital Management LLC now owns 30,211 shares of the company’s stock worth $1,917,000 after buying an additional 257 shares during the period. California Public Employees Retirement System boosted its position in shares of National HealthCare by 1.0% during the third quarter. California Public Employees Retirement System now owns 28,409 shares of the company’s stock worth $1,770,000 after buying an additional 293 shares during the period. Finally, Mercer Global Advisors Inc. ADV boosted its position in shares of National HealthCare by 11.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 3,652 shares of the company’s stock worth $228,000 after buying an additional 371 shares during the period.
Several analysts recently issued reports on the company. TheStreet upgraded National HealthCare from a “c+” rating to a “b-” rating in a report on Tuesday, November 3rd. BidaskClub lowered National HealthCare from a “hold” rating to a “sell” rating in a report on Wednesday, December 23rd.
National HealthCare (NYSEAMERICAN:NHC) last released its earnings results on Thursday, November 5th. The company reported $0.88 earnings per share (EPS) for the quarter. The company had revenue of $250.63 million for the quarter.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 1st. Shareholders of record on Thursday, December 31st will be paid a $0.52 dividend. The ex-dividend date of this dividend is Wednesday, December 30th. This represents a $2.08 annualized dividend and a yield of 2.90%.
In other National HealthCare news, Director Ernest G. Burgess III sold 2,010 shares of the company’s stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $70.63, for a total value of $141,966.30. Following the sale, the director now owns 92,944 shares in the company, valued at $6,564,634.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
National HealthCare Company Profile
National HealthCare Corporation operates, manages, and provides services to skilled nursing facilities, assisted living facilities, independent living facilities, and home health care programs. 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.
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