HCA Healthcare, Inc. (NYSE:HCA) Shares Sold by Cigna Investments Inc. New

Cigna Investments Inc. New trimmed its position in shares of HCA Healthcare, Inc. (NYSE:HCA) by 3.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,961 shares of the company’s stock after selling 66 shares during the quarter. Cigna Investments Inc. New’s holdings in HCA Healthcare were worth $797,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Bangor Savings Bank lifted its holdings in HCA Healthcare by 112.5% in the second quarter. Bangor Savings Bank now owns 85 shares of the company’s stock valued at $27,000 after acquiring an additional 45 shares during the period. MFA Wealth Advisors LLC purchased a new position in HCA Healthcare in the second quarter valued at about $27,000. Unique Wealth Strategies LLC purchased a new stake in shares of HCA Healthcare during the 2nd quarter worth approximately $28,000. GPS Wealth Strategies Group LLC raised its holdings in HCA Healthcare by 284.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 96 shares of the company’s stock worth $31,000 after purchasing an additional 71 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. purchased a new position in shares of HCA Healthcare in the second quarter valued at $33,000. Hedge funds and other institutional investors own 62.73% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Michael S. Cuffe sold 8,358 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $385.42, for a total transaction of $3,221,340.36. Following the transaction, the executive vice president now directly owns 29,678 shares of the company’s stock, valued at approximately $11,438,494.76. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.60% of the stock is currently owned by insiders.

HCA Healthcare Stock Down 0.7 %

Shares of NYSE:HCA opened at $358.57 on Friday. The stock has a market capitalization of $92.54 billion, a P/E ratio of 16.10, a PEG ratio of 1.38 and a beta of 1.67. The company has a debt-to-equity ratio of 48.71, a quick ratio of 1.00 and a current ratio of 1.12. HCA Healthcare, Inc. has a 1 year low of $223.73 and a 1 year high of $417.14. The stock has a 50-day simple moving average of $393.62 and a 200-day simple moving average of $353.85.

HCA Healthcare Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be issued a $0.66 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $2.64 annualized dividend and a yield of 0.74%. HCA Healthcare’s dividend payout ratio is currently 11.85%.

Analyst Ratings Changes

HCA has been the subject of several recent research reports. Truist Financial raised their target price on shares of HCA Healthcare from $390.00 to $430.00 and gave the company a “buy” rating in a report on Monday, August 19th. UBS Group lifted their price objective on HCA Healthcare from $405.00 to $438.00 and gave the stock a “buy” rating in a research report on Wednesday, August 14th. Royal Bank of Canada raised their price target on HCA Healthcare from $378.00 to $405.00 and gave the stock an “outperform” rating in a research report on Friday, August 23rd. Barclays increased their price objective on HCA Healthcare from $376.00 to $396.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Finally, Oppenheimer raised their price target on shares of HCA Healthcare from $390.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday. Five investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $379.11.

HCA Healthcare Profile

HCA Healthcare, Inc, through its subsidiaries, owns and operates hospitals and related healthcare entities in the United States. It operates general and acute care hospitals that offers medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy.