HCA Holdings, Inc. (HCA) Holdings Reduced by Sterling Capital Management LLC

Sterling Capital Management LLC reduced its stake in shares of HCA Holdings, Inc. (NYSE:HCA) by 5.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,701,584 shares of the company’s stock after selling 98,942 shares during the period. HCA comprises approximately 1.3% of Sterling Capital Management LLC’s portfolio, making the stock its 5th biggest position. Sterling Capital Management LLC owned about 0.48% of HCA worth $135,429,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Neuberger Berman Group LLC grew its holdings in shares of HCA by 10.7% in the third quarter. Neuberger Berman Group LLC now owns 1,820,685 shares of the company’s stock valued at $144,908,000 after acquiring an additional 176,494 shares in the last quarter. California Public Employees Retirement System grew its holdings in shares of HCA by 2.6% in the third quarter. California Public Employees Retirement System now owns 886,829 shares of the company’s stock valued at $70,583,000 after acquiring an additional 22,829 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of HCA by 31.7% in the third quarter. Janney Montgomery Scott LLC now owns 4,180 shares of the company’s stock valued at $333,000 after acquiring an additional 1,006 shares in the last quarter. Arbor Wealth Management LLC bought a new position in shares of HCA in the third quarter valued at approximately $562,000. Finally, Ladenburg Thalmann Financial Services Inc. grew its holdings in shares of HCA by 8.3% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 9,502 shares of the company’s stock valued at $756,000 after acquiring an additional 729 shares in the last quarter. 75.35% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have recently issued reports on the company. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $92.00 target price on shares of HCA in a report on Wednesday, October 4th. Jefferies Group reduced their target price on HCA from $90.00 to $88.00 and set a “buy” rating for the company in a report on Wednesday, November 1st. ValuEngine raised HCA from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. KeyCorp reaffirmed a “buy” rating and issued a $95.00 target price on shares of HCA in a report on Thursday, September 7th. Finally, Mizuho reaffirmed a “buy” rating on shares of HCA in a report on Friday, October 20th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and nineteen have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $90.20.

In other HCA news, insider Michael S. Cuffe sold 2,150 shares of the stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $78.00, for a total transaction of $167,700.00. Following the sale, the insider now owns 12,476 shares in the company, valued at $973,128. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Victor L. Campbell sold 8,000 shares of the stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $75.82, for a total value of $606,560.00. Following the sale, the senior vice president now owns 127,275 shares in the company, valued at approximately $9,649,990.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,450 shares of company stock worth $1,737,681. Company insiders own 2.90% of the company’s stock.

Shares of HCA Holdings, Inc. (NYSE:HCA) traded up $1.48 during midday trading on Wednesday, reaching $86.45. The company’s stock had a trading volume of 3,107,700 shares, compared to its average volume of 2,295,718. HCA Holdings, Inc. has a 1-year low of $71.18 and a 1-year high of $91.03. The company has a market capitalization of $30,083.84, a price-to-earnings ratio of 12.89, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The company has a current ratio of 1.68, a quick ratio of 1.41 and a debt-to-equity ratio of -6.46.

HCA (NYSE:HCA) last posted its earnings results on Tuesday, October 31st. The company reported $1.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.21. The firm had revenue of $10.70 billion for the quarter, compared to the consensus estimate of $10.70 billion. HCA had a negative return on equity of 47.16% and a net margin of 6.13%. The business’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.45 earnings per share. equities research analysts anticipate that HCA Holdings, Inc. will post 6.56 earnings per share for the current fiscal year.

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HCA 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.

Institutional Ownership by Quarter for HCA (NYSE:HCA)

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