Calton & Associates Inc. Cuts Holdings in National HealthCare Co. (NHC)

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Calton & Associates Inc. lowered its position in National HealthCare Co. (NYSEAMERICAN:NHC) by 7.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 46,843 shares of the company’s stock after selling 3,927 shares during the period. National HealthCare comprises approximately 1.1% of Calton & Associates Inc.’s investment portfolio, making the stock its 15th largest position. Calton & Associates Inc.’s holdings in National HealthCare were worth $3,555,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. State Board of Administration of Florida Retirement System boosted its stake in National HealthCare by 4.5% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 2,917 shares of the company’s stock worth $229,000 after buying an additional 126 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of National HealthCare by 14.3% during the fourth quarter. Legal & General Group Plc now owns 2,158 shares of the company’s stock valued at $169,000 after purchasing an additional 270 shares during the period. Advisor Group Inc. boosted its stake in shares of National HealthCare by 83.5% during the fourth quarter. Advisor Group Inc. now owns 1,002 shares of the company’s stock valued at $79,000 after purchasing an additional 456 shares during the period. Strs Ohio boosted its stake in shares of National HealthCare by 5.2% during the first quarter. Strs Ohio now owns 10,100 shares of the company’s stock valued at $766,000 after purchasing an additional 500 shares during the period. Finally, Coldstream Capital Management Inc. boosted its stake in shares of National HealthCare by 4.4% during the fourth quarter. Coldstream Capital Management Inc. now owns 13,634 shares of the company’s stock valued at $1,069,000 after purchasing an additional 572 shares during the period.

In other news, Director Ernest G. Burgess III sold 2,500 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $79.00, for a total transaction of $197,500.00. Following the completion of the sale, the director now owns 98,734 shares of the company’s stock, valued at $7,799,986. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

NYSEAMERICAN:NHC opened at $72.86 on Friday. National HealthCare Co. has a fifty-two week low of $60.81 and a fifty-two week high of $86.53.

National HealthCare (NYSEAMERICAN:NHC) last released its quarterly earnings data on Thursday, February 21st. The company reported $1.15 earnings per share for the quarter. The company had revenue of $248.92 million for the quarter.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Friday, March 29th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date of this dividend is Thursday, March 28th.

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About National HealthCare

National HealthCare Corporation operates, manages, and provides services to skilled nursing facilities, assisted living facilities, independent living facilities, and home health care programs. 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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Institutional Ownership by Quarter for National HealthCare (NYSEAMERICAN:NHC)

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