National HealthCare (NYSEAMERICAN:NHC) Hits New 52-Week High at $107.76

Shares of National HealthCare Co. (NYSEAMERICAN:NHC) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $107.76 and last traded at $107.47, with a volume of 38962 shares trading hands. The stock had previously closed at $106.99.

National HealthCare Price Performance

The firm has a market cap of $1.66 billion, a price-to-earnings ratio of 24.82 and a beta of 0.37.

National HealthCare (NYSEAMERICAN:NHC) last posted its quarterly earnings data on Friday, May 10th. The company reported $0.97 earnings per share (EPS) for the quarter. The business had revenue of $297.18 million during the quarter. National HealthCare had a return on equity of 6.03% and a net margin of 5.85%.

Institutional Investors Weigh In On National HealthCare

Several large investors have recently made changes to their positions in the stock. International Assets Investment Management LLC increased its position in National HealthCare by 9,150.0% during the fourth quarter. International Assets Investment Management LLC now owns 370 shares of the company’s stock worth $34,000 after buying an additional 366 shares during the last quarter. Blue Trust Inc. bought a new stake in National HealthCare in the 4th quarter valued at $46,000. SG Americas Securities LLC acquired a new stake in National HealthCare during the 1st quarter valued at $121,000. Mutual of America Capital Management LLC bought a new position in National HealthCare during the fourth quarter worth $218,000. Finally, RFG Advisory LLC acquired a new position in shares of National HealthCare in the fourth quarter valued at $255,000. Institutional investors and hedge funds own 56.44% of the company’s stock.

National HealthCare Company Profile

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.