Bank of New York Mellon Corp Has $12.99 Million Stock Holdings in National HealthCare Co. $NHC

Bank of New York Mellon Corp raised its position in National HealthCare Co. (NYSE:NHC) by 3.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 121,383 shares of the company’s stock after acquiring an additional 3,513 shares during the period. Bank of New York Mellon Corp owned about 0.79% of National HealthCare worth $12,989,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. AlphaQuest LLC raised its stake in shares of National HealthCare by 3,508.3% in the second quarter. AlphaQuest LLC now owns 866 shares of the company’s stock valued at $93,000 after purchasing an additional 842 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in National HealthCare in the 2nd quarter valued at $246,000. Institute for Wealth Management LLC. bought a new stake in National HealthCare in the 2nd quarter valued at $256,000. Royal Bank of Canada raised its stake in shares of National HealthCare by 53.6% in the 1st quarter. Royal Bank of Canada now owns 2,724 shares of the company’s stock valued at $253,000 after buying an additional 950 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of National HealthCare during the 2nd quarter worth about $292,000. Institutional investors and hedge funds own 56.44% of the company’s stock.

National HealthCare Stock Performance

NYSE NHC opened at $124.93 on Wednesday. National HealthCare Co. has a twelve month low of $89.14 and a twelve month high of $133.03. 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 has a market cap of $1.94 billion, a P/E ratio of 15.66 and a beta of 0.59. The company’s 50-day simple moving average is $121.85 and its 200 day simple moving average is $110.50.

National HealthCare Company Profile

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.