HCA Healthcare, Inc. (NYSE:HCA) Shares Bought by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC lifted its stake in shares of HCA Healthcare, Inc. (NYSE:HCA) by 8.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,813 shares of the company’s stock after purchasing an additional 230 shares during the period. Daymark Wealth Partners LLC’s holdings in HCA Healthcare were worth $844,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of HCA. Benjamin F. Edwards & Company Inc. bought a new position in shares of HCA Healthcare during the 2nd quarter valued at about $33,000. Legacy Investment Solutions LLC purchased a new stake in shares of HCA Healthcare in the third quarter valued at $39,000. Canoe Financial LP purchased a new position in HCA Healthcare during the 3rd quarter valued at about $41,000. Capital Performance Advisors LLP purchased a new stake in shares of HCA Healthcare in the third quarter worth approximately $41,000. Finally, Northwest Investment Counselors LLC purchased a new position in HCA Healthcare during the third quarter valued at approximately $44,000. 62.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other HCA Healthcare news, SVP Phillip G. Billington sold 3,897 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $350.00, for a total value of $1,363,950.00. Following the transaction, the senior vice president now directly owns 52,702 shares of the company’s stock, valued at approximately $18,445,700. This trade represents a 6.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Erol R. Akdamar sold 2,900 shares of the stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $353.00, for a total value of $1,023,700.00. Following the completion of the transaction, the insider now directly owns 6,843 shares in the company, valued at approximately $2,415,579. This trade represents a 29.76 % decrease in their position. The disclosure for this sale can be found here. 1.60% of the stock is currently owned by corporate insiders.

HCA Healthcare Price Performance

Shares of HCA stock opened at $325.18 on Friday. HCA Healthcare, Inc. has a 52 week low of $278.68 and a 52 week high of $417.14. The stock’s fifty day moving average is $314.50 and its 200-day moving average is $352.84. The stock has a market capitalization of $82.37 billion, a PE ratio of 14.60, a PEG ratio of 1.08 and a beta of 1.64. The company has a debt-to-equity ratio of 48.71, a quick ratio of 1.00 and a current ratio of 1.12.

Analysts Set New Price Targets

A number of research firms recently issued reports on HCA. TD Cowen reduced their price objective on HCA Healthcare from $450.00 to $440.00 and set a “buy” rating for the company in a research report on Monday, October 28th. KeyCorp cut their price objective on HCA Healthcare from $420.00 to $370.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $380.00 price target on shares of HCA Healthcare in a research report on Tuesday, December 17th. Oppenheimer increased their target price on HCA Healthcare from $390.00 to $400.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $392.00 price target on shares of HCA Healthcare in a report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, three have issued a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $385.27.

HCA Healthcare Company Profile

HCA Healthcare, Inc, through its subsidiaries, owns and operates hospitals and related healthcare entities in the United States. It operates general and acute care hospitals that offers 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.