HCA Holdings, Inc. (HCA) Receives Average Recommendation of “Buy” from Analysts
Shares of HCA Holdings, Inc. (NYSE:HCA) have been given a consensus rating of “Buy” by the nineteen research firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $93.36.
A number of equities analysts have recently weighed in on the stock. Piper Jaffray Companies reissued a “buy” rating and set a $92.00 price target on shares of HCA Holdings in a research report on Wednesday. ValuEngine upgraded shares of HCA Holdings from a “hold” rating to a “buy” rating in a research report on Monday. BidaskClub cut shares of HCA Holdings from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Zacks Investment Research downgraded HCA Holdings from a “buy” rating to a “hold” rating in a research note on Friday, July 14th. Finally, KeyCorp reaffirmed a “buy” rating and set a $95.00 price objective on shares of HCA Holdings in a research note on Thursday, September 7th.
Shares of HCA Holdings (HCA) traded down 1.43% on Wednesday, hitting $78.34. The stock had a trading volume of 863,871 shares. The firm has a 50 day moving average price of $78.33 and a 200 day moving average price of $82.77. HCA Holdings has a one year low of $67.00 and a one year high of $91.03. The company has a market capitalization of $28.30 billion, a P/E ratio of 10.50 and a beta of 0.62.
HCA Holdings (NYSE:HCA) last issued its quarterly earnings data on Tuesday, July 25th. The company reported $1.75 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.80 by ($0.05). The firm had revenue of $10.73 billion for the quarter, compared to analyst estimates of $10.76 billion. HCA Holdings had a net margin of 6.64% and a negative return on equity of 48.08%. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.66 EPS. On average, equities research analysts predict that HCA Holdings will post $7.18 earnings per share for the current fiscal year.
In related news, insider Michael S. Cuffe sold 2,150 shares of the stock in a transaction on 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 owns 12,363 shares in the company, valued at $987,556.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders sold 6,450 shares of company stock worth $529,309. 2.90% of the stock is currently owned by insiders.
A number of hedge funds have recently modified their holdings of HCA. Ardsley Advisory Partners bought a new stake in HCA Holdings during the 2nd quarter worth about $436,000. Paulson & CO. Inc. acquired a new position in shares of HCA Holdings during the 2nd quarter worth about $7,848,000. Achmea Investment Management B.V. boosted its stake in shares of HCA Holdings by 36.4% during the 2nd quarter. Achmea Investment Management B.V. now owns 53,365 shares of the company’s stock worth $4,651,000 after buying an additional 14,234 shares during the last quarter. Atlantic Trust LLC acquired a new position in shares of HCA Holdings during the 2nd quarter worth about $118,000. Finally, Toronto Dominion Bank boosted its stake in shares of HCA Holdings by 23.5% during the 2nd quarter. Toronto Dominion Bank now owns 99,913 shares of the company’s stock worth $8,710,000 after buying an additional 19,038 shares during the last quarter. Hedge funds and other institutional investors own 73.77% of the company’s stock.
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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.
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