National HealthCare Co. (NYSEAMERICAN:NHC - Get Free Report)'s share price rose 8.8% during trading on Friday . The company traded as high as $126.26 and last traded at $126.26. Approximately 4,075 shares traded hands during trading, a decline of 93% from the average daily volume of 62,691 shares. The stock had previously closed at $116.03.
National HealthCare Stock Performance
The firm has a market cap of $1.84 billion, a PE ratio of 27.60 and a beta of 0.37.
National HealthCare (NYSEAMERICAN:NHC - Get Free Report) last issued its quarterly earnings data on Friday, August 9th. The company reported $1.00 earnings per share (EPS) for the quarter. National HealthCare had a net margin of 5.85% and a return on equity of 6.03%. The firm had revenue of $300.66 million for the quarter.
Hedge Funds Weigh In On National HealthCare
Several institutional investors have recently modified their holdings of the business. SG Americas Securities LLC purchased a new stake in shares of National HealthCare during the first quarter worth approximately $121,000. BNP Paribas Financial Markets raised its holdings in shares of National HealthCare by 77.9% in the 1st quarter. BNP Paribas Financial Markets now owns 6,277 shares of the company's stock valued at $593,000 after purchasing an additional 2,749 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of National HealthCare by 13.8% during the 4th quarter. Vanguard Group Inc. now owns 1,518,918 shares of the company's stock worth $140,378,000 after purchasing an additional 184,411 shares during the last quarter. Institutional investors and hedge funds own 56.44% of the company's stock.
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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