National Research (NRCIA) Upgraded at BidaskClub

BidaskClub upgraded shares of National Research (NASDAQ:NRCIA) from a hold rating to a buy rating in a research report sent to investors on Wednesday, December 27th.

Separately, Zacks Investment Research downgraded shares of National Research from a hold rating to a strong sell rating in a research report on Friday, November 10th.

Shares of National Research (NASDAQ NRCIA) opened at $36.85 on Wednesday. National Research has a fifty-two week low of $16.50 and a fifty-two week high of $41.99. The stock has a market cap of $971.18, a P/E ratio of 41.88 and a beta of 1.56.

The firm also recently declared a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 29th were given a $0.10 dividend. The ex-dividend date was Thursday, December 28th. This represents a $0.40 annualized dividend and a yield of 1.09%. National Research’s payout ratio is presently 45.45%.

In other National Research news, major shareholder K/I/E/Trust Under Agreement 3/ sold 9,000 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $36.50, for a total value of $328,500.00. Following the transaction, the insider now directly owns 5,626,167 shares in the company, valued at $205,355,095.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 134,715 shares of company stock worth $4,996,670 over the last quarter. Insiders own 37.54% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. Royce & Associates LP increased its holdings in National Research by 92.5% in the 2nd quarter. Royce & Associates LP now owns 240,417 shares of the business services provider’s stock valued at $6,467,000 after acquiring an additional 115,532 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its holdings in National Research by 3.6% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,070,194 shares of the business services provider’s stock valued at $78,046,000 after acquiring an additional 71,648 shares during the last quarter. Mckinley Capital Management LLC Delaware bought a new stake in National Research in the 2nd quarter valued at $1,272,000. Hillsdale Investment Management Inc. bought a new stake in National Research in the 2nd quarter valued at $729,000. Finally, State Street Corp increased its holdings in National Research by 12.2% in the 2nd quarter. State Street Corp now owns 157,748 shares of the business services provider’s stock valued at $4,241,000 after acquiring an additional 17,163 shares during the last quarter. Hedge funds and other institutional investors own 24.90% of the company’s stock.

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About National Research

National Research Corporation, doing business as NRC Health, is a provider of analytics and insights for healthcare providers, payers and other healthcare organizations. The Company operates through six segments: Experience, The Governance Institute, Market Insights, Transparency, National Research Corporation Canada and Connect.

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