Decker Wealth Management LLC bought a new position in shares of HCA Healthcare, Inc. (NYSE:HCA – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,259 shares of the company’s stock, valued at approximately $6,748,000. HCA Healthcare makes up 1.5% of Decker Wealth Management LLC’s portfolio, making the stock its 26th largest position.
Other institutional investors have also added to or reduced their stakes in the company. Palisade Asset Management LLC purchased a new position in HCA Healthcare during the 3rd quarter valued at about $26,000. Ares Financial Consulting LLC purchased a new stake in shares of HCA Healthcare in the fourth quarter worth about $31,000. Cedar Mountain Advisors LLC bought a new stake in HCA Healthcare during the 1st quarter worth approximately $33,000. JPL Wealth Management LLC bought a new position in HCA Healthcare in the 3rd quarter valued at $33,000. Finally, Aventura Private Wealth LLC bought a new position in shares of HCA Healthcare in the fourth quarter worth $34,000. Hedge funds and other institutional investors own 62.73% of the company’s stock.
HCA Healthcare Price Performance
Shares of NYSE HCA opened at $371.60 on Monday. The stock has a market capitalization of $82.44 billion, a P/E ratio of 12.78, a PEG ratio of 1.23 and a beta of 1.12. HCA Healthcare, Inc. has a one year low of $330.00 and a one year high of $556.52. The firm’s 50 day simple moving average is $392.25 and its two-hundred day simple moving average is $456.93.
HCA Healthcare Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were issued a $0.78 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $3.12 annualized dividend and a dividend yield of 0.8%. HCA Healthcare’s payout ratio is currently 10.73%.
Wall Street Analyst Weigh In
Several equities analysts recently commented on the company. Robert W. Baird reduced their target price on HCA Healthcare from $450.00 to $442.00 and set a “neutral” rating for the company in a research report on Wednesday, April 15th. Royal Bank Of Canada cut their price objective on HCA Healthcare from $534.00 to $435.00 and set an “outperform” rating for the company in a report on Wednesday. Jefferies Financial Group set a $450.00 target price on shares of HCA Healthcare in a research note on Tuesday, July 14th. Leerink Partners decreased their price target on shares of HCA Healthcare from $573.00 to $500.00 and set an “outperform” 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 report on Tuesday, June 9th. Fourteen research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, HCA Healthcare has a consensus rating of “Moderate Buy” and an average price target of $486.14.
Get Our Latest Report on HCA Healthcare
About HCA Healthcare
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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