HCA Holdings, Inc. (NYSE:HCA) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a report released on Thursday.

Other equities research analysts have also recently issued reports about the company. Zacks Investment Research cut HCA Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. BidaskClub cut HCA Holdings from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Citigroup Inc. decreased their price target on HCA Holdings from $89.00 to $87.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 26th. Morgan Stanley reiterated an “equal weight” rating and set a $88.00 price target (down from $90.00) on shares of HCA Holdings in a research report on Wednesday, July 26th. Finally, Bank of America Corporation cut HCA Holdings from a “buy” rating to a “neutral” rating and decreased their price target for the company from $102.00 to $92.00 in a research report on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and twelve have given a buy rating to the stock. HCA Holdings currently has a consensus rating of “Buy” and an average price target of $92.81.

HCA Holdings (NYSE HCA) traded down 1.18% during trading on Thursday, reaching $76.37. 2,789,003 shares of the company’s stock traded hands. HCA Holdings has a 52-week low of $67.00 and a 52-week high of $91.03. The stock has a market cap of $27.59 billion, a price-to-earnings ratio of 10.24 and a beta of 0.67. The company’s 50 day moving average is $79.46 and its 200-day moving average is $83.83.

HCA Holdings (NYSE:HCA) last announced its quarterly earnings results on Tuesday, July 25th. The company reported $1.75 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.80 by $0.05. HCA Holdings had a net margin of 6.64% and a negative return on equity of 48.08%. The company had revenue of $10.73 billion for the quarter, compared to the consensus estimate of $10.76 billion. During the same quarter in the prior year, the company earned $1.66 earnings per share. The company’s quarterly revenue was up 4.0% on a year-over-year basis. On average, analysts anticipate that HCA Holdings will post $7.18 earnings per share for the current fiscal year.

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In other HCA Holdings news, insider Michael S. Cuffe sold 2,150 shares of the company’s stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $84.86, for a total value of $182,449.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Jonathan B. Perlin sold 71,063 shares of the company’s stock in a transaction that occurred on Thursday, June 22nd. The stock was sold at an average price of $86.00, for a total value of $6,111,418.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 77,513 shares of company stock valued at $6,651,455. 2.90% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Janney Montgomery Scott LLC boosted its stake in HCA Holdings by 0.4% in the second quarter. Janney Montgomery Scott LLC now owns 3,174 shares of the company’s stock worth $277,000 after buying an additional 14 shares in the last quarter. Advisor Partners LLC boosted its stake in HCA Holdings by 0.3% in the second quarter. Advisor Partners LLC now owns 4,732 shares of the company’s stock worth $413,000 after buying an additional 14 shares in the last quarter. Wetherby Asset Management Inc. boosted its stake in HCA Holdings by 0.6% in the second quarter. Wetherby Asset Management Inc. now owns 4,232 shares of the company’s stock worth $369,000 after buying an additional 25 shares in the last quarter. Argent Capital Management LLC boosted its stake in HCA Holdings by 1.2% in the second quarter. Argent Capital Management LLC now owns 4,370 shares of the company’s stock worth $381,000 after buying an additional 50 shares in the last quarter. Finally, Wedbush Securities Inc. boosted its stake in HCA Holdings by 1.5% in the second quarter. Wedbush Securities Inc. now owns 6,028 shares of the company’s stock worth $526,000 after buying an additional 88 shares in the last quarter. 73.77% of the stock is owned by institutional investors and hedge funds.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for HCA Holdings (NYSE:HCA)

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