HCA Holdings Inc. (HCA) Lifted to “Overweight” at KeyCorp
HCA Holdings Inc. (NYSE:HCA) was upgraded by KeyCorp from a “sector weight” rating to an “overweight” rating in a report issued on Thursday.
A number of other research firms have also commented on HCA. Zacks Investment Research raised shares of HCA Holdings from a “hold” rating to a “buy” rating and set a $89.00 price target on the stock in a research report on Tuesday, July 26th. Mizuho reissued a “buy” rating and issued a $102.00 price target on shares of HCA Holdings in a research report on Thursday, July 14th. JPMorgan Chase & Co. lowered shares of HCA Holdings from an “overweight” rating to a “neutral” rating and set a $85.00 price target on the stock. in a research report on Friday, July 29th. Citigroup Inc. dropped their price target on shares of HCA Holdings from $86.00 to $85.00 and set a “neutral” rating on the stock in a research report on Friday, July 29th. Finally, Sanford C. Bernstein began coverage on shares of HCA Holdings in a research report on Thursday, June 16th. They issued a “market perform” rating and a $88.00 price target on the stock. Eight research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $86.88.
HCA Holdings (NYSE:HCA) traded up 1.01% on Thursday, hitting $77.67. 771,513 shares of the stock were exchanged. The stock has a market cap of $29.41 billion, a PE ratio of 13.46 and a beta of 0.89. HCA Holdings has a 1-year low of $60.07 and a 1-year high of $83.69. The company’s 50 day moving average is $75.58 and its 200 day moving average is $77.60.
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HCA Holdings (NYSE:HCA) last released its quarterly earnings results on Thursday, July 28th. The company reported $1.66 EPS for the quarter, beating the Zacks’ consensus estimate of $1.56 by $0.10. HCA Holdings had a net margin of 5.75% and a negative return on equity of 42.19%. The company had revenue of $10.32 billion for the quarter, compared to analyst estimates of $10.49 billion. During the same quarter last year, the firm posted $1.37 earnings per share. The company’s quarterly revenue was up 4.3% compared to the same quarter last year. On average, equities research analysts expect that HCA Holdings will post $6.58 earnings per share for the current year.
A number of hedge funds have recently bought and sold shares of HCA. Hancock Holding Co. boosted its stake in HCA Holdings by 3.6% in the first quarter. Hancock Holding Co. now owns 183,243 shares of the company’s stock worth $14,303,000 after buying an additional 6,347 shares during the last quarter. Bogle Investment Management L P DE acquired a new stake in HCA Holdings during the first quarter worth about $13,427,000. Nicholas Investment Partners LP acquired a new stake in HCA Holdings during the first quarter worth about $4,114,000. Parametric Risk Advisors LLC acquired a new stake in HCA Holdings during the first quarter worth about $1,488,000. Finally, Riverhead Capital Management LLC boosted its stake in HCA Holdings by 1.6% in the first quarter. Riverhead Capital Management LLC now owns 147,582 shares of the company’s stock worth $11,519,000 after buying an additional 2,327 shares during the last quarter. 72.82% of the stock is owned by institutional investors and hedge funds.
HCA Holdings Company Profile
HCA Holdings, Inc is a healthcare services company. The Company’s segment is operating hospitals and related healthcare entities. The Company operates approximately 168 hospitals, consisting of 164 general, acute care hospitals; three psychiatric hospitals, and one rehabilitation hospital. In addition, the Company operates approximately 116 freestanding surgery centers.
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