Squarepoint Ops LLC Buys 5,387 Shares of National HealthCare Co. $NHC

Squarepoint Ops LLC grew its position in shares of National HealthCare Co. (NYSE:NHC) by 55.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,039 shares of the company’s stock after acquiring an additional 5,387 shares during the quarter. Squarepoint Ops LLC’s holdings in National HealthCare were worth $1,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in NHC. Raymond James Financial Inc. purchased a new stake in shares of National HealthCare in the second quarter valued at about $58,000. EverSource Wealth Advisors LLC boosted its holdings in National HealthCare by 219.7% during the second quarter. EverSource Wealth Advisors LLC now owns 633 shares of the company’s stock worth $68,000 after purchasing an additional 435 shares during the last quarter. AlphaQuest LLC grew its position in National HealthCare by 3,508.3% in the 2nd quarter. AlphaQuest LLC now owns 866 shares of the company’s stock worth $93,000 after purchasing an additional 842 shares in the last quarter. State of Wyoming purchased a new stake in National HealthCare in the 2nd quarter valued at about $127,000. Finally, BNP Paribas Financial Markets lifted its position in shares of National HealthCare by 56.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,374 shares of the company’s stock worth $147,000 after buying an additional 493 shares in the last quarter. Institutional investors own 56.44% of the company’s stock.

National HealthCare Price Performance

Shares of NYSE NHC opened at $141.64 on Friday. The company has a market capitalization of $2.20 billion, a PE ratio of 17.75 and a beta of 0.65. The company has a quick ratio of 1.77, a current ratio of 1.80 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average price is $129.42 and its 200-day moving average price is $115.74. National HealthCare Co. has a twelve month low of $89.14 and a twelve month high of $144.52.

Insiders Place Their Bets

In other National HealthCare news, VP Timothy J. Shelly sold 2,454 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $139.42, for a total value of $342,136.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 14.97% of the company’s stock.

National HealthCare Company Profile

National HealthCare Corporation (NYSE: NHC) is a diversified provider of senior health care and related services, headquartered in Murfreesboro, Tennessee. Established in 1971, the company operates a network of post-acute and long-term care facilities, including skilled nursing centers, assisted living communities, independent living residences, and memory care units. In addition to its brick-and-mortar operations, the company offers home health, hospice, and rehabilitation services, aiming to support aging individuals at every stage of care.

The company’s skilled nursing facilities deliver 24-hour nursing services, therapy programs, and customized care plans designed to enhance patient recovery and quality of life.