HCA Holdings, Inc. (NYSE:HCA) had its target price decreased by investment analysts at Citigroup Inc. from $89.00 to $87.00 in a report released on Wednesday. The brokerage currently has a “neutral” rating on the stock. Citigroup Inc.’s price target would suggest a potential upside of 6.58% from the company’s previous close.

Several other brokerages have also recently issued reports on HCA. Argus started coverage on shares of HCA Holdings in a research note on Wednesday, June 28th. They set a “buy” rating and a $100.00 price objective for the company. Zacks Investment Research cut shares of HCA Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, April 18th. Bank of America Corporation cut shares of HCA Holdings from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $102.00 to $92.00 in a research note on Wednesday. BidaskClub cut shares of HCA Holdings from a “hold” rating to a “sell” rating in a research note on Monday. Finally, Morgan Stanley started coverage on shares of HCA Holdings in a research note on Tuesday, June 6th. They set an “equal weight” rating and a $90.00 price objective for the company. One analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the stock. HCA Holdings has a consensus rating of “Buy” and a consensus target price of $92.67.

Shares of HCA Holdings (HCA) traded down 0.67% on Wednesday, hitting $81.63. 4,315,992 shares of the company were exchanged. The firm’s 50-day moving average is $85.35 and its 200-day moving average is $84.41. HCA Holdings has a 52-week low of $67.00 and a 52-week high of $91.03. The stock has a market capitalization of $29.95 billion, a PE ratio of 11.09 and a beta of 0.69.

HCA Holdings (NYSE:HCA) last announced its quarterly earnings data on Tuesday, July 25th. The company reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.80 by $0.05. HCA Holdings had a net margin of 6.70% and a negative return on equity of 45.28%. The business had revenue of $10.73 billion for the quarter, compared to analysts’ expectations of $10.76 billion. During the same period in the prior year, the company posted $1.66 EPS. The firm’s revenue was up 4.0% on a year-over-year basis. Equities research analysts predict that HCA Holdings will post $7.36 earnings per share for the current year.

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In other news, SVP Robert A. Waterman sold 246,000 shares of the company’s stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of $83.12, for a total value of $20,447,520.00. Following the transaction, the senior vice president now directly owns 392,252 shares in the company, valued at approximately $32,603,986.24. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael S. Cuffe sold 2,150 shares of the company’s stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $84.52, for a total transaction of $181,718.00. Following the completion of the transaction, the insider now owns 12,254 shares in the company, valued at $1,035,708.08. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 397,424 shares of company stock worth $33,234,810. Company insiders own 2.90% of the company’s stock.

Several institutional investors have recently modified their holdings of HCA. IFP Advisors Inc raised its position in shares of HCA Holdings by 9.4% in the first quarter. IFP Advisors Inc now owns 1,605 shares of the company’s stock valued at $143,000 after buying an additional 138 shares in the last quarter. Global X Management Co. LLC raised its position in shares of HCA Holdings by 29.9% in the first quarter. Global X Management Co. LLC now owns 2,162 shares of the company’s stock valued at $192,000 after buying an additional 498 shares in the last quarter. Peak Asset Management LLC bought a new position in shares of HCA Holdings during the first quarter valued at approximately $201,000. Ifrah Financial Services Inc. bought a new position in shares of HCA Holdings during the first quarter valued at approximately $210,000. Finally, Checchi Capital Advisers LLC bought a new position in shares of HCA Holdings during the first quarter valued at approximately $213,000. Hedge funds and other institutional investors own 74.48% of the company’s stock.

HCA Holdings Company Profile

HCA Healthcare, Inc, formerly HCA Holdings, Inc, is a holding company. The Company, through its subsidiaries, owns and operates hospitals and related healthcare entities. As of December 31, 2016, the Company operated in two geographically organized groups, including the National and American Groups. As of December 31, 2016, the National Group included 84 hospitals, which were located in Alaska, California, Florida, southern Georgia, Idaho, Indiana, northern Kentucky, Nevada, New Hampshire, South Carolina, Utah and Virginia.

Analyst Recommendations for HCA Holdings (NYSE:HCA)

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