HCA Healthcare, Inc. (NYSE:HCA) Shares Bought by Financial Counselors Inc.

Financial Counselors Inc. increased its stake in HCA Healthcare, Inc. (NYSE:HCAFree Report) by 1.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,642 shares of the company’s stock after purchasing an additional 36 shares during the period. Financial Counselors Inc.’s holdings in HCA Healthcare were worth $881,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of HCA. Centerpoint Advisors LLC acquired a new stake in HCA Healthcare during the 4th quarter valued at approximately $27,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in HCA Healthcare during the 4th quarter valued at approximately $27,000. Bruce G. Allen Investments LLC acquired a new stake in HCA Healthcare during the 4th quarter valued at approximately $28,000. LifeSteps Financial Inc. purchased a new position in shares of HCA Healthcare during the 1st quarter valued at approximately $33,000. Finally, Rise Advisors LLC purchased a new position in shares of HCA Healthcare during the 1st quarter valued at approximately $36,000. 62.73% of the stock is currently owned by institutional investors and hedge funds.

HCA Healthcare Trading Up 0.2 %

Shares of HCA opened at $316.79 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 29.26. HCA Healthcare, Inc. has a 12-month low of $215.96 and a 12-month high of $344.20. The firm has a 50-day moving average price of $326.96 and a 200 day moving average price of $319.44. The firm has a market capitalization of $82.97 billion, a P/E ratio of 15.79, a P/E/G ratio of 1.43 and a beta of 1.68.

HCA Healthcare (NYSE:HCAGet Free Report) last announced its earnings results on Friday, April 26th. The company reported $5.36 earnings per share for the quarter, topping the consensus estimate of $5.01 by $0.35. The company had revenue of $17.34 billion during the quarter, compared to analyst estimates of $16.81 billion. HCA Healthcare had a net margin of 8.20% and a return on equity of 674.49%. HCA Healthcare’s revenue was up 11.2% compared to the same quarter last year. During the same quarter last year, the firm posted $4.93 earnings per share. Sell-side analysts forecast that HCA Healthcare, Inc. will post 20.97 EPS for the current year.

HCA Healthcare Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were paid a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 0.83%. The ex-dividend date was Friday, June 14th. HCA Healthcare’s dividend payout ratio (DPR) is presently 13.16%.

Insider Activity

In other news, SVP Kathryn A. Torres sold 973 shares of the firm’s stock in a transaction that occurred on Thursday, May 2nd. The shares were sold at an average price of $312.00, for a total value of $303,576.00. Following the completion of the transaction, the senior vice president now owns 22,365 shares of the company’s stock, valued at $6,977,880. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, EVP Michael S. Cuffe sold 1,600 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $309.00, for a total value of $494,400.00. Following the sale, the executive vice president now owns 34,124 shares of the company’s stock, valued at $10,544,316. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Kathryn A. Torres sold 973 shares of the firm’s stock in a transaction that occurred on Thursday, May 2nd. The shares were sold at an average price of $312.00, for a total transaction of $303,576.00. Following the completion of the sale, the senior vice president now directly owns 22,365 shares in the company, valued at approximately $6,977,880. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,397 shares of company stock valued at $3,921,929. 1.70% of the stock is currently owned by company insiders.

Analyst Ratings Changes

HCA has been the subject of several recent research reports. TD Cowen cut their target price on shares of HCA Healthcare from $371.00 to $360.00 and set a “buy” rating for the company in a report on Tuesday, April 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $335.00 target price on shares of HCA Healthcare in a report on Tuesday. Robert W. Baird initiated coverage on shares of HCA Healthcare in a report on Thursday, May 30th. They issued an “outperform” rating and a $396.00 price target for the company. Deutsche Bank Aktiengesellschaft boosted their price target on shares of HCA Healthcare from $359.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, June 28th. Finally, StockNews.com raised shares of HCA Healthcare from a “buy” rating to a “strong-buy” rating in a report on Monday, July 1st. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $326.53.

View Our Latest Stock Analysis on HCA

HCA Healthcare Company Profile

(Free Report)

HCA Healthcare, Inc, through its subsidiaries, owns and operates hospitals and related healthcare entities in the United States. It operates general and acute care hospitals that offers medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy.

Further Reading

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Institutional Ownership by Quarter for HCA Healthcare (NYSE:HCA)

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