National HealthCare Co. (NYSEMKT:NHC) Director James Paul Abernathy sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, November 25th. The shares were sold at an average price of $70.00, for a total value of $70,000.00. Following the sale, the director now owns 23,165 shares in the company, valued at $1,621,550. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
James Paul Abernathy also recently made the following trade(s): On Friday, November 18th, James Paul Abernathy sold 1,000 shares of National HealthCare stock. The shares were sold at an average price of $69.44, for a total value of $69,440.00.
National HealthCare Co. (NYSEMKT:NHC) traded down 1.19% on Monday, hitting $69.64. The stock had a trading volume of 10,215 shares. The firm’s 50 day moving average price is $66.46 and its 200-day moving average price is $64.90. The stock has a market cap of $1.05 billion, a PE ratio of 20.54 and a beta of 0.91. National HealthCare Co. has a 12 month low of $57.16 and a 12 month high of $70.77.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 1st. Investors of record on Friday, December 30th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, December 28th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.60%. National HealthCare’s payout ratio is currently 52.94%.
Separately, Macquarie upgraded National HealthCare from an “underperform” rating to an “outperform” rating in a research report on Thursday, September 22nd.