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

National HealthCare Co. (NYSEAMERICAN:NHC)’s share price hit a new 52-week high during trading on Thursday . The company 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 stock has a market cap of $1.67 billion, a P/E ratio of 25.03 and a beta of 0.37.

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

Institutional Trading of National HealthCare

Institutional investors have recently modified their holdings of the company. International Assets Investment Management LLC lifted its holdings in National HealthCare by 9,150.0% in 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 period. Blue Trust Inc. purchased a new stake in National HealthCare in the fourth quarter worth about $46,000. SG Americas Securities LLC purchased a new stake in National HealthCare in the first quarter worth about $121,000. Mutual of America Capital Management LLC purchased a new stake in National HealthCare in the fourth quarter worth about $218,000. Finally, RFG Advisory LLC purchased a new stake in National HealthCare in the fourth quarter worth about $255,000. 56.44% of the stock is currently owned by hedge funds and other institutional investors.

About National HealthCare

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.