Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its stake in shares of HCA Healthcare, Inc. (NYSE:HCA – Free Report) by 5.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 37,155 shares of the company’s stock after selling 2,178 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in HCA Healthcare were worth $17,346,000 as of its most recent filing with the SEC.
Several other hedge funds have also modified their holdings of HCA. Palisade Asset Management LLC purchased a new stake in shares of HCA Healthcare during the 3rd quarter valued at about $26,000. Holos Integrated Wealth LLC purchased a new stake in HCA Healthcare during the 4th quarter worth approximately $29,000. Ares Financial Consulting LLC purchased a new stake in HCA Healthcare during the 4th quarter worth approximately $31,000. JPL Wealth Management LLC purchased a new stake in HCA Healthcare during the 3rd quarter worth approximately $33,000. Finally, Aventura Private Wealth LLC purchased a new stake in HCA Healthcare during the 4th quarter worth approximately $34,000. 62.73% of the stock is currently owned by hedge funds and other institutional investors.
HCA Healthcare Price Performance
NYSE:HCA opened at $377.72 on Monday. HCA Healthcare, Inc. has a 12-month low of $330.00 and a 12-month high of $556.52. The firm has a market capitalization of $83.79 billion, a P/E ratio of 12.99, a P/E/G ratio of 1.20 and a beta of 1.12. The business has a 50 day simple moving average of $451.94 and a 200 day simple moving average of $480.89.
HCA Healthcare Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be given a dividend of $0.78 per share. The ex-dividend date is Tuesday, June 16th. This represents a $3.12 dividend on an annualized basis and a yield of 0.8%. HCA Healthcare’s payout ratio is currently 10.73%.
Wall Street Analysts Forecast Growth
HCA has been the topic of several analyst reports. Royal Bank Of Canada dropped their price objective on HCA Healthcare from $593.00 to $534.00 and set an “outperform” rating on the stock in a report on Monday, April 27th. Truist Financial dropped their price objective on HCA Healthcare from $546.00 to $535.00 and set a “buy” rating on the stock in a report on Monday, April 27th. Stephens lowered their price target on HCA Healthcare from $560.00 to $530.00 and set an “overweight” rating for the company in a report on Monday, April 27th. Jefferies Financial Group reiterated a “buy” rating and issued a $525.00 price target on shares of HCA Healthcare in a report on Friday, April 24th. Finally, Oppenheimer lowered their price target on HCA Healthcare from $540.00 to $520.00 and set an “outperform” rating for the company in a report on Monday, April 27th. Sixteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $515.77.
Get Our Latest Research Report on HCA Healthcare
HCA Healthcare Profile
HCA Healthcare is a for‑profit operator of healthcare facilities headquartered in Nashville, Tennessee. Founded in 1968, the company owns and operates a network of hospitals and related healthcare facilities and has grown through organic expansion and acquisitions to become a large provider of inpatient and outpatient services.
The company’s core activities include the operation of acute care hospitals, freestanding surgical and emergency centers, and outpatient clinics. HCA’s services encompass inpatient care, surgical services, emergency medicine, diagnostic imaging and laboratory testing, and various outpatient and ambulatory care offerings.
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