National HealthCare Co. (NHC) Director Ernest G. Burgess III Sells 2,500 Shares

National HealthCare Co. (NYSEAMERICAN:NHC) Director Ernest G. Burgess III sold 2,500 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $79.00, for a total transaction of $197,500.00. Following the sale, the director now directly owns 98,734 shares of the company’s stock, valued at $7,799,986. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of NYSEAMERICAN:NHC traded down $1.32 during mid-day trading on Friday, hitting $79.48. The stock had a trading volume of 222,968 shares, compared to its average volume of 43,007. National HealthCare Co. has a 12-month low of $57.50 and a 12-month high of $86.53.

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, March 29th will be given a $0.50 dividend. The ex-dividend date of this dividend is Thursday, March 28th. This represents a $2.00 annualized dividend and a dividend yield of 2.52%.

Large investors have recently modified their holdings of the stock. Advisor Group Inc. lifted its position in shares of National HealthCare by 83.5% in the 4th quarter. Advisor Group Inc. now owns 1,002 shares of the company’s stock valued at $79,000 after acquiring an additional 456 shares in the last quarter. Legal & General Group Plc lifted its position in shares of National HealthCare by 14.3% in the 4th quarter. Legal & General Group Plc now owns 2,158 shares of the company’s stock valued at $169,000 after acquiring an additional 270 shares in the last quarter. North Point Portfolio Managers Corp OH purchased a new stake in shares of National HealthCare in the 4th quarter valued at approximately $204,000. State Board of Administration of Florida Retirement System purchased a new stake in shares of National HealthCare in the 3rd quarter valued at approximately $210,000. Finally, Principal Financial Group Inc. acquired a new position in National HealthCare in the 4th quarter valued at approximately $228,000.

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National HealthCare Company Profile

National HealthCare Corporation operates, manages, and provides services to skilled nursing facilities, assisted living facilities, independent living facilities, and home health care programs. The company's 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 services for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.

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Insider Buying and Selling by Quarter for National HealthCare (NYSEAMERICAN:NHC)

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