Key Points
- VP Timothy Shelly sold 2,454 shares on December 17 at an average price of $139.42, a transaction totaling $342,136.68, disclosed in an SEC filing.
- NHC opened at $141.67 and is trading near its 52-week high of $144.52, with a market capitalization of $2.20 billion, a P/E of 17.75, 50-/200-day moving averages of $128.94/$115.47, and institutional ownership of 56.44%.
- National HealthCare operates skilled nursing, assisted/independent living, homecare and hospice services, offering therapy and rehabilitative services across its facilities.
National HealthCare Co. (NYSE:NHC - Get Free Report) VP Timothy Shelly sold 2,454 shares of the company's stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $139.42, for a total transaction of $342,136.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
National HealthCare Price Performance
NHC stock opened at $141.67 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. The firm has a 50 day moving average price of $128.94 and a 200-day moving average price of $115.47. National HealthCare Co. has a 52-week low of $89.14 and a 52-week high of $144.52. The firm has a market capitalization of $2.20 billion, a price-to-earnings ratio of 17.75 and a beta of 0.65.
Institutional Investors Weigh In On National HealthCare
Several hedge funds have recently added to or reduced their stakes in the stock. Nuveen LLC purchased a new stake in National HealthCare during the 1st quarter valued at $2,721,000. Goldman Sachs Group Inc. raised its stake in shares of National HealthCare by 7.1% in the first quarter. Goldman Sachs Group Inc. now owns 73,772 shares of the company's stock worth $6,846,000 after purchasing an additional 4,879 shares during the last quarter. Strs Ohio bought a new position in shares of National HealthCare during the first quarter valued at $612,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of National HealthCare during the second quarter valued at $292,000. Finally, Institute for Wealth Management LLC. bought a new stake in National HealthCare in the 2nd quarter worth about $256,000. 56.44% of the stock is owned by institutional investors.
National HealthCare Company Profile
(
Get Free Report)
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.
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