SG Americas Securities LLC Takes Position in National HealthCare Co. $NHC

SG Americas Securities LLC purchased a new position in shares of National HealthCare Co. (NYSE:NHC) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 9,602 shares of the company’s stock, valued at approximately $1,167,000.

Several other institutional investors have also added to or reduced their stakes in the company. Copeland Capital Management LLC increased its position in National HealthCare by 18.3% during the 3rd quarter. Copeland Capital Management LLC now owns 723 shares of the company’s stock worth $88,000 after buying an additional 112 shares during the period. Inspire Investing LLC grew its stake in shares of National HealthCare by 2.5% in the third quarter. Inspire Investing LLC now owns 4,634 shares of the company’s stock valued at $563,000 after acquiring an additional 115 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in National HealthCare by 7.5% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,178 shares of the company’s stock worth $340,000 after acquiring an additional 222 shares during the period. Nisa Investment Advisors LLC raised its stake in National HealthCare by 7.3% in the 2nd quarter. Nisa Investment Advisors LLC now owns 3,636 shares of the company’s stock worth $391,000 after purchasing an additional 247 shares in the last quarter. Finally, AQR Capital Management LLC boosted its holdings in National HealthCare by 1.7% in the 1st quarter. AQR Capital Management LLC now owns 16,080 shares of the company’s stock valued at $1,492,000 after purchasing an additional 262 shares during the period. 56.44% of the stock is currently owned by institutional investors.

National HealthCare Stock Performance

Shares of NYSE:NHC opened at $137.15 on Friday. National HealthCare Co. has a 12-month low of $89.14 and a 12-month high of $144.52. The company’s 50 day moving average price is $134.83 and its two-hundred day moving average price is $120.04. The firm has a market cap of $2.13 billion, a PE ratio of 17.19 and a beta of 0.64. The company has a quick ratio of 1.77, a current ratio of 1.80 and a debt-to-equity ratio of 0.14.

Insider Buying and Selling

In other National HealthCare news, VP Timothy J. Shelly sold 2,454 shares of the firm’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $139.42, for a total transaction of $342,136.68. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 14.97% of the stock is currently owned by company insiders.

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.