LSV Asset Management raised its stake in HCA Holdings Inc (NYSE:HCA) by 6.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,704,649 shares of the company’s stock after buying an additional 230,796 shares during the period. LSV Asset Management owned approximately 1.00% of HCA Holdings worth $329,676,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. IFP Advisors Inc raised its position in HCA Holdings by 9.4% in the first quarter. IFP Advisors Inc now owns 1,605 shares of the company’s stock valued at $143,000 after buying an additional 138 shares during the period. Acrospire Investment Management LLC raised its position in HCA Holdings by 5.3% in the third quarter. Acrospire Investment Management LLC now owns 2,000 shares of the company’s stock valued at $151,000 after buying an additional 100 shares during the period. Greenleaf Trust acquired a new position in HCA Holdings during the first quarter valued at about $218,000. James Investment Research Inc. acquired a new position in HCA Holdings during the first quarter valued at about $226,000. Finally, HL Financial Services LLC acquired a new position in HCA Holdings during the third quarter valued at about $201,000. 72.27% of the stock is owned by hedge funds and other institutional investors.
HCA Holdings Inc (NYSE:HCA) traded up 0.02% during midday trading on Friday, reaching $83.50. 1,350,265 shares of the company’s stock traded hands. The firm has a market cap of $30.91 billion, a price-to-earnings ratio of 11.38 and a beta of 0.71. HCA Holdings Inc has a 1-year low of $67.00 and a 1-year high of $91.03. The stock’s 50 day moving average price is $85.89 and its 200 day moving average price is $80.45.
HCA Holdings (NYSE:HCA) last released its quarterly earnings data on Tuesday, May 2nd. The company reported $1.74 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.74. HCA Holdings had a net margin of 6.84% and a negative return on equity of 44.79%. The firm had revenue of $10.62 billion for the quarter, compared to the consensus estimate of $10.64 billion. During the same quarter in the prior year, the company posted $1.71 earnings per share. The business’s revenue was up 3.5% on a year-over-year basis. Equities research analysts anticipate that HCA Holdings Inc will post $7.37 EPS for the current year.
Several research firms recently issued reports on HCA. Zacks Investment Research lowered shares of HCA Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, April 18th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $98.00 price objective (up from $95.00) on shares of HCA Holdings in a research note on Wednesday, February 1st. Evercore ISI upped their price objective on shares of HCA Holdings to $88.00 and gave the stock a “buy” rating in a research note on Tuesday, January 31st. Deutsche Bank AG began coverage on shares of HCA Holdings in a research note on Tuesday, April 4th. They set a “buy” rating and a $103.00 price objective on the stock. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and set a $95.00 price objective on shares of HCA Holdings in a research note on Monday, April 17th. Five analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $90.13.
In other news, SVP Ravi S. Chari sold 31,956 shares of the firm’s stock in a transaction that occurred on Monday, March 27th. The shares were sold at an average price of $90.00, for a total value of $2,876,040.00. Following the completion of the transaction, the senior vice president now directly owns 7,754 shares in the company, valued at $697,860. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP John M. Steele sold 31,535 shares of the firm’s stock in a transaction that occurred on Tuesday, February 7th. The shares were sold at an average price of $82.55, for a total transaction of $2,603,214.25. Following the completion of the transaction, the senior vice president now owns 44,308 shares of the company’s stock, valued at $3,657,625.40. The disclosure for this sale can be found here. Insiders have sold 311,641 shares of company stock valued at $26,109,524 in the last quarter. Company insiders own 3.10% of the company’s stock.
HCA Holdings Company Profile
HCA Holdings, Inc is a holding company. The Company, through its subsidiaries, owns and operates hospitals and related healthcare entities. As of December 31, 2016, the Company operated in two geographically organized groups, including the National and American Groups. As of December 31, 2016, the National Group included 84 hospitals, which were located in Alaska, California, Florida, southern Georgia, Idaho, Indiana, northern Kentucky, Nevada, New Hampshire, South Carolina, Utah and Virginia.
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