HCA Holdings, Inc. (NYSE:HCA) – Equities research analysts at Jefferies Group lowered their FY2018 EPS estimates for shares of HCA Holdings in a report released on Tuesday. Jefferies Group analyst B. Tanquilut now expects that the company will post earnings per share of $7.20 for the year, down from their prior forecast of $7.46. Jefferies Group currently has a “Buy” rating and a $88.00 price target on the stock.

Several other analysts have also issued reports on the company. ValuEngine lowered HCA Holdings from a “buy” rating to a “hold” rating in a report on Thursday, September 7th. Zacks Investment Research lowered HCA Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. KeyCorp reissued a “buy” rating and set a $95.00 price target on shares of HCA Holdings in a report on Thursday, September 7th. BidaskClub lowered HCA Holdings from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Finally, Bank of America Corporation lowered HCA Holdings from a “buy” rating to a “neutral” rating and cut their price target for the company from $102.00 to $92.00 in a report on Wednesday, July 26th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and sixteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $90.00.

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HCA Holdings (NYSE:HCA) last issued its quarterly earnings data on Tuesday, October 31st. The company reported $1.21 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.21. The business had revenue of $10.70 billion for the quarter, compared to analysts’ expectations of $10.70 billion. HCA Holdings had a negative return on equity of 47.16% and a net margin of 6.13%. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.45 EPS.

HCA Holdings announced that its board has approved a share buyback plan on Tuesday, October 31st that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

In other HCA Holdings news, insider Michael S. Cuffe sold 2,150 shares of HCA Holdings stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $79.87, for a total transaction of $171,720.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 6,450 shares of company stock valued at $511,163 in the last quarter. Company insiders own 2.90% of the company’s stock.

Large investors have recently bought and sold shares of the company. Strs Ohio grew its position in shares of HCA Holdings by 12.2% during the 3rd quarter. Strs Ohio now owns 1,075,778 shares of the company’s stock valued at $85,621,000 after acquiring an additional 117,000 shares during the period. Accident Compensation Corp grew its position in shares of HCA Holdings by 4.8% during the 2nd quarter. Accident Compensation Corp now owns 43,793 shares of the company’s stock valued at $3,819,000 after acquiring an additional 2,000 shares during the period. Delta Lloyd Asset Management N.V. acquired a new stake in shares of HCA Holdings during the 2nd quarter valued at about $3,823,000. Northwestern Mutual Investment Management Company LLC grew its position in shares of HCA Holdings by 1,229.5% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 775,914 shares of the company’s stock valued at $59,753,000 after acquiring an additional 717,551 shares during the period. Finally, CIBC World Markets Inc. grew its position in shares of HCA Holdings by 20.2% during the 2nd quarter. CIBC World Markets Inc. now owns 279,121 shares of the company’s stock valued at $24,339,000 after acquiring an additional 46,953 shares during the period. Hedge funds and other institutional investors own 74.65% 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.

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

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