Atlantic Trust Group LLC Cuts Stake in HCA Healthcare Inc (HCA)

Atlantic Trust Group LLC lowered its stake in shares of HCA Healthcare Inc (NYSE:HCA) by 2.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 210,885 shares of the company’s stock after selling 5,188 shares during the period. Atlantic Trust Group LLC owned about 0.06% of HCA Healthcare worth $16,784,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. Strs Ohio grew its stake in HCA Healthcare by 12.2% during the 3rd quarter. Strs Ohio now owns 1,075,778 shares of the company’s stock valued at $85,621,000 after acquiring an additional 117,000 shares in the last quarter. Micawber Capital LLC grew its stake in HCA Healthcare by 31.3% during the 3rd quarter. Micawber Capital LLC now owns 34,461 shares of the company’s stock valued at $2,743,000 after acquiring an additional 8,205 shares in the last quarter. Toronto Dominion Bank grew its stake in HCA Healthcare by 12.8% during the 3rd quarter. Toronto Dominion Bank now owns 112,657 shares of the company’s stock valued at $8,965,000 after acquiring an additional 12,744 shares in the last quarter. Mackenzie Financial Corp grew its stake in HCA Healthcare by 1.5% during the 3rd quarter. Mackenzie Financial Corp now owns 844,065 shares of the company’s stock valued at $67,179,000 after acquiring an additional 12,226 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in HCA Healthcare by 49.5% during the 3rd quarter. American Century Companies Inc. now owns 2,558,216 shares of the company’s stock valued at $203,608,000 after acquiring an additional 847,377 shares in the last quarter. 75.25% of the stock is owned by institutional investors and hedge funds.

HCA has been the subject of several analyst reports. Piper Jaffray Companies reissued a “buy” rating and issued a $92.00 price target on shares of HCA Healthcare in a research note on Wednesday, October 4th. Jefferies Group dropped their price target on shares of HCA Healthcare from $90.00 to $88.00 and set a “buy” rating for the company in a research note on Wednesday, November 1st. ValuEngine raised shares of HCA Healthcare from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. KeyCorp reissued a “buy” rating and issued a $95.00 price target on shares of HCA Healthcare in a research note on Thursday, September 7th. Finally, SunTrust Banks set a $105.00 price target on shares of HCA Healthcare and gave the company a “buy” rating in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and nineteen have issued a buy rating to the company’s stock. HCA Healthcare currently has an average rating of “Buy” and an average target price of $90.95.

Shares of HCA Healthcare Inc (NYSE:HCA) opened at $89.09 on Friday. HCA Healthcare Inc has a twelve month low of $71.18 and a twelve month high of $91.03. The company has a market cap of $32,180.00, a PE ratio of 12.67, a PEG ratio of 1.29 and a beta of 0.55. 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 Healthcare (NYSE:HCA) last posted its earnings results on Tuesday, October 31st. The company reported $1.21 EPS for the quarter, hitting analysts’ consensus estimates of $1.21. The business had revenue of $10.70 billion for the quarter, compared to analysts’ expectations of $10.70 billion. HCA Healthcare had a net margin of 6.13% and a negative return on equity of 47.16%. The business’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.45 earnings per share. research analysts predict that HCA Healthcare Inc will post 6.56 EPS for the current year.

In other news, insider Michael S. Cuffe sold 2,150 shares of the company’s stock in a transaction dated Tuesday, October 17th. The shares were sold at an average price of $78.00, for a total transaction of $167,700.00. Following the completion of the transaction, the insider now owns 12,476 shares in the company, valued at $973,128. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael S. Cuffe sold 2,400 shares of the company’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $86.63, for a total transaction of $207,912.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 22,700 shares of company stock valued at $1,773,872. 2.90% of the stock is owned by insiders.

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HCA Healthcare 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 Healthcare (NYSE:HCA)

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