Argent Capital Management LLC raised its position in HCA Holdings, Inc. (NYSE:HCA) by 1.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,370 shares of the company’s stock after acquiring an additional 50 shares during the quarter. Argent Capital Management LLC’s holdings in HCA Holdings were worth $381,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of HCA. Northwestern Mutual Wealth Management Co. lifted its holdings in HCA Holdings by 14.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,163 shares of the company’s stock valued at $101,000 after acquiring an additional 143 shares during the period. Bronfman E.L. Rothschild L.P. lifted its holdings in HCA Holdings by 35.1% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,232 shares of the company’s stock valued at $107,000 after acquiring an additional 320 shares during the period. Lee Financial Co bought a new position in HCA Holdings in the second quarter valued at about $125,000. Acrospire Investment Management LLC lifted its holdings in HCA Holdings by 14.3% in the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the company’s stock valued at $140,000 after acquiring an additional 200 shares during the period. Finally, D.A. Davidson & CO. lifted its holdings in HCA Holdings by 37.7% in the second quarter. D.A. Davidson & CO. now owns 1,970 shares of the company’s stock valued at $171,000 after acquiring an additional 539 shares during the period. 73.77% of the stock is currently owned by institutional investors.
A number of research analysts have weighed in on HCA shares. ValuEngine downgraded HCA Holdings from a “buy” rating to a “hold” rating in a report on Thursday, September 7th. Argus started coverage on HCA Holdings in a report on Wednesday, June 28th. They issued a “buy” rating and a $100.00 target price on the stock. KeyCorp reissued a “buy” rating and issued a $95.00 target price on shares of HCA Holdings in a report on Thursday, September 7th. BidaskClub downgraded HCA Holdings from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Finally, Bank of America Corporation downgraded HCA Holdings from a “buy” rating to a “neutral” rating and lowered their target price for the company from $102.00 to $92.00 in a report on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $93.19.
Shares of HCA Holdings, Inc. (NYSE:HCA) traded down 0.17% during mid-day trading on Wednesday, reaching $75.32. The company’s stock had a trading volume of 173,403 shares. The firm has a market cap of $27.21 billion, a P/E ratio of 10.12 and a beta of 0.62. The firm’s 50-day moving average price is $78.06 and its 200 day moving average price is $82.51. HCA Holdings, Inc. has a 12-month low of $67.00 and a 12-month high of $91.03.
HCA Holdings (NYSE:HCA) last announced its quarterly earnings results on Tuesday, July 25th. The company reported $1.75 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.80 by ($0.05). HCA Holdings had a net margin of 6.64% and a negative return on equity of 48.08%. The business had revenue of $10.73 billion during the quarter, compared to analysts’ expectations of $10.76 billion. During the same quarter in the prior year, the firm earned $1.66 EPS. HCA Holdings’s revenue for the quarter was up 4.0% on a year-over-year basis. On average, analysts expect that HCA Holdings, Inc. will post $7.15 EPS for the current year.
In other HCA Holdings news, insider Michael S. Cuffe sold 2,150 shares of the business’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 sale, the insider now directly owns 12,363 shares in the company, valued at approximately $987,556.44. The transaction was disclosed in a document filed with the SEC, which is available through this link. Over the last quarter, insiders have sold 6,450 shares of company stock valued at $529,309. 2.90% of the stock is owned by company insiders.
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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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