Andra AP fonden lifted its stake in HCA Healthcare, Inc. (NYSE:HCA – Free Report) by 41.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,260 shares of the company’s stock after purchasing an additional 13,360 shares during the period. Andra AP fonden’s holdings in HCA Healthcare were worth $21,130,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of HCA. Palisade Asset Management LLC purchased a new position in HCA Healthcare during the 3rd quarter valued at about $26,000. Holos Integrated Wealth LLC purchased a new position in HCA Healthcare during the 4th quarter valued at about $29,000. Ares Financial Consulting LLC purchased a new position in HCA Healthcare during the 4th quarter valued at about $31,000. JPL Wealth Management LLC purchased a new position in HCA Healthcare during the 3rd quarter valued at about $33,000. Finally, Aventura Private Wealth LLC bought a new stake in HCA Healthcare during the 4th quarter valued at about $34,000. 62.73% of the stock is owned by hedge funds and other institutional investors.
HCA Healthcare Stock Up 1.2%
HCA opened at $377.81 on Friday. The firm has a 50 day moving average price of $431.36 and a 200-day moving average price of $474.09. HCA Healthcare, Inc. has a twelve month low of $330.00 and a twelve month high of $556.52. The stock has a market capitalization of $83.81 billion, a price-to-earnings ratio of 12.99, a PEG ratio of 1.18 and a beta of 1.12.
HCA Healthcare Announces Dividend
The firm also recently announced 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. This represents a $3.12 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, June 16th. HCA Healthcare’s payout ratio is 10.73%.
Analysts Set New Price Targets
HCA has been the subject of several recent analyst reports. Barclays decreased their target price on shares of HCA Healthcare from $551.00 to $496.00 and set an “overweight” rating for the company in a report on Monday, April 27th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $525.00 target price on shares of HCA Healthcare in a report on Friday, April 24th. Leerink Partners decreased their target price on shares of HCA Healthcare from $573.00 to $500.00 and set an “outperform” rating for the company in a report on Monday, April 27th. KeyCorp decreased their target price on shares of HCA Healthcare from $550.00 to $510.00 and set an “overweight” rating for the company in a report on Monday, April 27th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of HCA Healthcare from $535.00 to $490.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Fifteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $506.14.
Get Our Latest Stock Analysis on HCA
HCA Healthcare Company 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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