LMR Partners LLP purchased a new position in HCA Holdings, Inc. (NYSE:HCA) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 16,756 shares of the company’s stock, valued at approximately $1,461,000.
A number of other institutional investors have also bought and sold shares of the company. Gotham Asset Management LLC boosted its position in HCA Holdings by 178.5% in the first quarter. Gotham Asset Management LLC now owns 325,689 shares of the company’s stock valued at $28,983,000 after buying an additional 208,745 shares during the period. Focused Wealth Management Inc boosted its position in shares of HCA Holdings by 52.6% in the first quarter. Focused Wealth Management Inc now owns 2,900 shares of the company’s stock valued at $258,000 after buying an additional 1,000 shares during the last quarter. Brave Asset Management Inc. bought a new position in shares of HCA Holdings during the first quarter valued at about $767,000. Toronto Dominion Bank boosted its position in shares of HCA Holdings by 44.3% in the first quarter. Toronto Dominion Bank now owns 80,875 shares of the company’s stock valued at $7,197,000 after buying an additional 24,830 shares during the last quarter. Finally, State of Tennessee Treasury Department boosted its position in shares of HCA Holdings by 34.9% in the first quarter. State of Tennessee Treasury Department now owns 123,155 shares of the company’s stock valued at $10,960,000 after buying an additional 31,852 shares during the last quarter. Hedge funds and other institutional investors own 75.69% of the company’s stock.
Shares of HCA Holdings, Inc. (NYSE:HCA) opened at 77.79 on Friday. The firm has a market capitalization of $28.10 billion, a PE ratio of 10.43 and a beta of 0.67. The company has a 50 day moving average of $82.70 and a 200 day moving average of $84.29. HCA Holdings, Inc. has a 52-week low of $67.00 and a 52-week high of $91.03.
HCA Holdings (NYSE:HCA) last announced its earnings results on Tuesday, July 25th. The company reported $1.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.80 by $0.05. The company had revenue of $10.73 billion for the quarter, compared to the consensus estimate of $10.76 billion. HCA Holdings had a negative return on equity of 48.08% and a net margin of 6.64%. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.66 EPS. On average, analysts anticipate that HCA Holdings, Inc. will post $7.17 earnings per share for the current fiscal year.
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Several brokerages have recently issued reports on HCA. BidaskClub cut shares of HCA Holdings from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Zacks Investment Research cut shares of HCA Holdings from a “buy” rating to a “hold” rating in a research note on Friday, July 14th. Citigroup Inc. decreased their price target on shares of HCA Holdings from $89.00 to $87.00 and set a “neutral” rating for the company in a research note on Wednesday, July 26th. Leerink Swann upgraded shares of HCA Holdings from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $92.00 to $100.00 in a research report on Tuesday, June 6th. Finally, Argus cut their price objective on shares of HCA Holdings from $100.00 to $93.00 and set a “buy” rating for the company in a research report on Monday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $92.88.
In other news, insider Michael S. Cuffe sold 2,150 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $79.88, for a total transaction of $171,742.00. Following the completion of the transaction, the insider now directly owns 12,363 shares in the company, valued at $987,556.44. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Jana Joustra Davis sold 54,689 shares of the company’s stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $82.35, for a total value of $4,503,639.15. Following the transaction, the senior vice president now owns 107,892 shares of the company’s stock, valued at $8,884,906.20. The disclosure for this sale can be found here. Insiders have sold 132,202 shares of company stock valued at $11,155,094 in the last ninety days. Company insiders own 2.90% of the company’s stock.
HCA Holdings Company Profile
HCA Healthcare, Inc, formerly 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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