Allspring Global Investments Holdings LLC Has $6.02 Million Holdings in National HealthCare Co. $NHC

Allspring Global Investments Holdings LLC raised its holdings in National HealthCare Co. (NYSE:NHC) by 55.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,296 shares of the company’s stock after acquiring an additional 17,317 shares during the period. Allspring Global Investments Holdings LLC owned about 0.31% of National HealthCare worth $6,020,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of NHC. Copeland Capital Management LLC boosted its stake in shares of National HealthCare by 18.3% in the 3rd quarter. Copeland Capital Management LLC now owns 723 shares of the company’s stock valued at $88,000 after purchasing an additional 112 shares in the last quarter. Inspire Investing LLC lifted its stake in National HealthCare by 2.5% in the 3rd quarter. Inspire Investing LLC now owns 4,634 shares of the company’s stock valued at $563,000 after purchasing an additional 115 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in National HealthCare by 7.5% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,178 shares of the company’s stock valued at $340,000 after purchasing an additional 222 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in National HealthCare by 7.3% in the second quarter. Nisa Investment Advisors LLC now owns 3,636 shares of the company’s stock valued at $391,000 after buying an additional 247 shares in the last quarter. Finally, AQR Capital Management LLC grew its stake in shares of National HealthCare by 1.7% during the first quarter. AQR Capital Management LLC now owns 16,080 shares of the company’s stock worth $1,492,000 after buying an additional 262 shares during the last quarter. Institutional investors and hedge funds own 56.44% of the company’s stock.

Insider Transactions at National HealthCare

In other National HealthCare news, VP Timothy J. Shelly sold 2,454 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $139.42, for a total value of $342,136.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 14.97% of the stock is currently owned by insiders.

National HealthCare Stock Up 2.7%

Shares of NYSE:NHC opened at $134.47 on Wednesday. National HealthCare Co. has a 52-week low of $89.14 and a 52-week high of $144.52. The company has a market capitalization of $2.09 billion, a PE ratio of 16.85 and a beta of 0.64. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.77 and a current ratio of 1.80. The company has a fifty day moving average of $133.05 and a 200-day moving average of $118.65.

National HealthCare 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.