Corient Private Wealth LLC lifted its stake in shares of HCA Healthcare, Inc. (NYSE:HCA – Free Report) by 7.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,287 shares of the company’s stock after buying an additional 3,234 shares during the quarter. Corient Private Wealth LLC’s holdings in HCA Healthcare were worth $21,146,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Palisade Asset Management LLC acquired a new stake in shares of HCA Healthcare during the third quarter worth about $26,000. Holos Integrated Wealth LLC purchased a new stake in HCA Healthcare in the fourth quarter valued at approximately $29,000. Ares Financial Consulting LLC acquired a new position in shares of HCA Healthcare in the 4th quarter valued at $31,000. JPL Wealth Management LLC purchased a new position in HCA Healthcare during the 3rd quarter worth $33,000. Finally, Aventura Private Wealth LLC purchased a new stake in shares of HCA Healthcare in the fourth quarter valued at about $34,000. 62.73% of the stock is owned by hedge funds and other institutional investors.
HCA Healthcare Stock Performance
Shares of HCA stock opened at $376.22 on Tuesday. HCA Healthcare, Inc. has a 1 year low of $330.00 and a 1 year high of $556.52. The stock has a market cap of $83.46 billion, a PE ratio of 12.94, a P/E/G ratio of 1.19 and a beta of 1.12. The stock has a fifty day moving average price of $417.06 and a 200 day moving average price of $467.94.
HCA Healthcare Dividend Announcement
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. This represents a $3.12 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Tuesday, June 16th. HCA Healthcare’s payout ratio is currently 10.73%.
Analyst Upgrades and Downgrades
Several analysts have commented on HCA shares. Wall Street Zen downgraded HCA Healthcare from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. TD Cowen cut their price target on HCA Healthcare from $500.00 to $431.00 and set a “buy” rating for the company in a research note on Monday. Truist Financial set a $413.00 price objective on shares of HCA Healthcare in a research note on Thursday, June 4th. Wells Fargo & Company lowered their target price on shares of HCA Healthcare from $481.00 to $436.00 and set an “equal weight” rating on the stock in a report on Monday, April 27th. Finally, Weiss Ratings downgraded shares of HCA Healthcare from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Fifteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $503.00.
Check Out 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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