Teacher Retirement System of Texas lowered its stake in National HealthCare Co. (NYSE:NHC – Free Report) by 4.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 10,531 shares of the company’s stock after selling 528 shares during the quarter. Teacher Retirement System of Texas owned 0.07% of National HealthCare worth $1,127,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in NHC. Cerity Partners LLC boosted its position in National HealthCare by 28.8% during the 1st quarter. Cerity Partners LLC now owns 22,879 shares of the company’s stock valued at $2,123,000 after buying an additional 5,115 shares during the period. Nuveen LLC bought a new position in shares of National HealthCare during the first quarter valued at about $2,721,000. Principal Financial Group Inc. boosted its holdings in shares of National HealthCare by 2.6% during the first quarter. Principal Financial Group Inc. now owns 65,410 shares of the company’s stock worth $6,070,000 after purchasing an additional 1,671 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of National HealthCare by 7.1% during the first quarter. Goldman Sachs Group Inc. now owns 73,772 shares of the company’s stock worth $6,846,000 after purchasing an additional 4,879 shares during the period. Finally, Strs Ohio bought a new stake in shares of National HealthCare in the first quarter worth about $612,000. Institutional investors own 56.44% of the company’s stock.
National HealthCare Trading Up 0.1%
NHC opened at $125.00 on Friday. National HealthCare Co. has a one year low of $89.14 and a one year high of $136.86. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.80 and a quick ratio of 1.77. The business has a 50 day simple moving average of $119.59 and a two-hundred day simple moving average of $108.40. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 15.66 and a beta of 0.59.
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.
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