Amundi Pioneer Asset Management Inc. grew its holdings in shares of HCA Healthcare Inc (NYSE:HCA) by 2.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,290,505 shares of the company’s stock after purchasing an additional 28,925 shares during the period. Amundi Pioneer Asset Management Inc. owned 0.38% of HCA Healthcare worth $168,257,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the company. Magellan Asset Management Ltd boosted its holdings in shares of HCA Healthcare by 2.0% in the 1st quarter. Magellan Asset Management Ltd now owns 12,908,938 shares of the company’s stock worth $1,683,067,000 after purchasing an additional 258,477 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of HCA Healthcare by 9.4% in the 4th quarter. Northern Trust Corp now owns 3,579,428 shares of the company’s stock worth $445,459,000 after purchasing an additional 307,157 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of HCA Healthcare by 11.1% in the 1st quarter. AQR Capital Management LLC now owns 3,555,318 shares of the company’s stock worth $461,160,000 after purchasing an additional 355,406 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of HCA Healthcare by 10.0% in the 4th quarter. Geode Capital Management LLC now owns 3,414,676 shares of the company’s stock worth $424,189,000 after purchasing an additional 310,086 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of HCA Healthcare in the 4th quarter worth about $359,391,000. Institutional investors and hedge funds own 70.22% of the company’s stock.
A number of research firms have recently weighed in on HCA. Zacks Investment Research raised GALP ENERGIA SG/ADR from a “sell” rating to a “hold” rating in a research note on Monday, May 27th. Jefferies Financial Group set a $158.00 price target on HCA Healthcare and gave the company a “buy” rating in a research report on Wednesday, April 17th. UBS Group reaffirmed a “sell” rating on shares of in a research report on Monday, June 24th. Goldman Sachs Group lowered EXPERIAN PLC/ADR from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 10th. Finally, Barclays set a $24.00 target price on Tenet Healthcare and gave the stock a “hold” rating in a research report on Wednesday, April 17th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and nineteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $149.87.
HCA Healthcare (NYSE:HCA) last issued its quarterly earnings data on Tuesday, April 30th. The company reported $2.97 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.31 by $0.66. HCA Healthcare had a negative return on equity of 112.65% and a net margin of 7.71%. The firm had revenue of $12.52 billion during the quarter, compared to analyst estimates of $12.34 billion. During the same quarter last year, the business posted $3.18 earnings per share. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. On average, equities research analysts forecast that HCA Healthcare Inc will post 10.4 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 3rd were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend was Friday, May 31st. HCA Healthcare’s payout ratio is 16.38%.
In related news, insider Jon M. Foster sold 44,281 shares of the company’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $122.28, for a total transaction of $5,414,680.68. Following the completion of the transaction, the insider now owns 96,052 shares in the company, valued at approximately $11,745,238.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.70% of the company’s stock.
HCA Healthcare Profile
HCA Healthcare, Inc, through its subsidiaries, provides health care services. The company operates general, acute care hospitals that offer medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy services.
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