HCA Holdings, Inc. (NYSE:HCA) – Investment analysts at Oppenheimer Holdings reduced their Q1 2018 EPS estimates for shares of HCA Holdings in a note issued to investors on Tuesday. Oppenheimer Holdings analyst M. Wiederhorn now expects that the company will post earnings of $1.70 per share for the quarter, down from their previous estimate of $1.72. Oppenheimer Holdings has a “Buy” rating and a $90.00 price objective on the stock. Oppenheimer Holdings also issued estimates for HCA Holdings’ Q2 2018 earnings at $1.76 EPS, Q3 2018 earnings at $1.63 EPS, Q4 2018 earnings at $1.99 EPS and FY2018 earnings at $7.08 EPS.

HCA Holdings (NYSE:HCA) last issued its quarterly earnings data on Tuesday, October 31st. The company reported $1.21 EPS for the quarter, meeting the consensus estimate of $1.21. HCA Holdings had a negative return on equity of 47.16% and a net margin of 6.13%. The company had revenue of $10.70 billion for the quarter, compared to analyst estimates of $10.70 billion. During the same period last year, the company earned $1.45 earnings per share. HCA Holdings’s quarterly revenue was up 4.1% compared to the same quarter last year. TRADEMARK VIOLATION NOTICE: “Q1 2018 EPS Estimates for HCA Holdings, Inc. Decreased by Oppenheimer Holdings (HCA)” was published by American Banking News and is the property of of American Banking News. If you are accessing this piece on another website, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this piece can be viewed at https://www.americanbankingnews.com/2017/11/02/q1-2018-eps-estimates-for-hca-holdings-inc-decreased-by-oppenheimer-holdings-hca.html.

Several other research firms also recently commented on HCA. Zacks Investment Research downgraded HCA Holdings from a “buy” rating to a “hold” rating in a research note on Friday, July 14th. BidaskClub downgraded HCA Holdings from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Bank of America Corporation downgraded HCA Holdings from a “buy” rating to a “neutral” rating and cut their target price for the stock from $102.00 to $92.00 in a research note on Wednesday, July 26th. Morgan Stanley reissued an “equal weight” rating and set a $88.00 target price (down from $90.00) on shares of HCA Holdings in a research note on Wednesday, July 26th. Finally, Citigroup Inc. cut their target price on HCA Holdings from $89.00 to $87.00 and set a “neutral” rating for the company in a research note on Wednesday, July 26th. Two analysts have rated the stock with a sell rating, six have given a hold rating and sixteen have assigned a buy rating to the company’s stock. HCA Holdings currently has a consensus rating of “Buy” and a consensus price target of $90.00.

A number of large investors have recently made changes to their positions in HCA. Dimensional Fund Advisors LP grew its holdings in HCA Holdings by 2.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 518,454 shares of the company’s stock valued at $46,138,000 after buying an additional 10,371 shares during the last quarter. Highbridge Capital Management LLC acquired a new stake in HCA Holdings during the 1st quarter valued at $214,000. Public Employees Retirement System of Ohio grew its holdings in HCA Holdings by 1.3% during the 1st quarter. Public Employees Retirement System of Ohio now owns 230,181 shares of the company’s stock valued at $20,484,000 after buying an additional 2,964 shares during the last quarter. Skandinaviska Enskilda Banken AB publ grew its holdings in HCA Holdings by 3.4% during the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 1,879,019 shares of the company’s stock valued at $167,214,000 after buying an additional 62,325 shares during the last quarter. Finally, Piedmont Investment Advisors LLC grew its holdings in HCA Holdings by 1.2% during the 1st quarter. Piedmont Investment Advisors LLC now owns 96,273 shares of the company’s stock valued at $8,567,000 after buying an additional 1,108 shares during the last quarter. Hedge funds and other institutional investors own 74.65% of the company’s stock.

In related news, insider Michael S. Cuffe sold 2,150 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $79.87, for a total value of $171,720.50. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In the last 90 days, insiders sold 6,450 shares of company stock worth $511,163. Insiders own 2.90% of the company’s stock.

HCA Holdings announced that its Board of Directors has approved a share repurchase plan on Tuesday, October 31st that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

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.

Earnings History and Estimates for HCA Holdings (NYSE:HCA)

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