HCA Holdings, Inc. (HCA) Insider Sells $171,742.00 in Stock
HCA Holdings, Inc. (NYSE:HCA) insider Michael S. Cuffe sold 2,150 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $79.88, for a total transaction of $171,742.00. Following the completion of the transaction, the insider now directly owns 12,363 shares in the company, valued at $987,556.44. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Michael S. Cuffe also recently made the following trade(s):
- On Thursday, June 15th, Michael S. Cuffe sold 2,150 shares of HCA Holdings stock. The shares were sold at an average price of $84.86, for a total transaction of $182,449.00.
HCA Holdings, Inc. (HCA) traded down 1.52% during mid-day trading on Thursday, hitting $77.79. 1,473,765 shares of the stock traded hands. HCA Holdings, Inc. has a 1-year low of $67.00 and a 1-year high of $91.03. The company has a 50-day moving average of $82.96 and a 200 day moving average of $84.34. The firm has a market capitalization of $28.10 billion, a P/E ratio of 10.43 and a beta of 0.67.
HCA Holdings (NYSE:HCA) last announced its quarterly earnings results on Tuesday, July 25th. The company reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.80 by $0.05. HCA Holdings had a negative return on equity of 48.08% and a net margin of 6.64%. The business had revenue of $10.73 billion during the quarter, compared to analysts’ expectations of $10.76 billion. During the same period in the previous year, the business earned $1.66 EPS. The business’s revenue was up 4.0% compared to the same quarter last year. On average, equities research analysts anticipate that HCA Holdings, Inc. will post $7.17 EPS for the current year.
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Hedge funds have recently made changes to their positions in the company. Gotham Asset Management LLC raised its stake in shares of HCA Holdings by 178.5% in the first quarter. Gotham Asset Management LLC now owns 325,689 shares of the company’s stock worth $28,983,000 after buying an additional 208,745 shares during the last quarter. Focused Wealth Management Inc raised its stake in shares of HCA Holdings by 52.6% in the first quarter. Focused Wealth Management Inc now owns 2,900 shares of the company’s stock worth $258,000 after buying an additional 1,000 shares during the last quarter. Brave Asset Management Inc. acquired a new stake in shares of HCA Holdings during the first quarter worth approximately $767,000. Toronto Dominion Bank raised its stake in shares of HCA Holdings by 44.3% in the first quarter. Toronto Dominion Bank now owns 80,875 shares of the company’s stock worth $7,197,000 after buying an additional 24,830 shares during the last quarter. Finally, State of Tennessee Treasury Department raised its stake in shares of HCA Holdings by 34.9% in the first quarter. State of Tennessee Treasury Department now owns 123,155 shares of the company’s stock worth $10,960,000 after buying an additional 31,852 shares during the last quarter. 75.69% of the stock is owned by institutional investors.
Several research firms have commented on HCA. Morgan Stanley decreased their target price on shares of HCA Holdings from $88.00 to $85.00 and set an “equal weight” rating on the stock in a report on Thursday. Argus reduced their price target on shares of HCA Holdings from $100.00 to $93.00 and set a “buy” rating on the stock in a research note on Monday. Zacks Investment Research upgraded shares of HCA Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. BidaskClub downgraded shares of HCA Holdings from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Finally, Citigroup Inc. reduced their price target on shares of HCA Holdings from $89.00 to $87.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $92.88.
About HCA Holdings
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.
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