HCA Healthcare, Inc. $HCA Stake Lowered by Knightsbridge Asset Management LLC

Knightsbridge Asset Management LLC reduced its stake in shares of HCA Healthcare, Inc. (NYSE:HCA) by 2.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,875 shares of the company’s stock after selling 484 shares during the period. HCA Healthcare accounts for 1.5% of Knightsbridge Asset Management LLC’s investment portfolio, making the stock its 21st biggest holding. Knightsbridge Asset Management LLC’s holdings in HCA Healthcare were worth $6,177,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Cheviot Value Management LLC bought a new stake in HCA Healthcare in the first quarter worth $26,000. Saudi Central Bank bought a new stake in HCA Healthcare in the first quarter worth $26,000. WPG Advisers LLC bought a new stake in HCA Healthcare in the first quarter worth $27,000. Atwood & Palmer Inc. bought a new stake in HCA Healthcare in the first quarter worth $28,000. Finally, Bartlett & CO. Wealth Management LLC boosted its holdings in HCA Healthcare by 888.9% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 89 shares of the company’s stock worth $31,000 after purchasing an additional 80 shares in the last quarter. 62.73% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on HCA. Morgan Stanley decreased their price target on shares of HCA Healthcare from $410.00 to $400.00 and set an “equal weight” rating for the company in a report on Monday, July 28th. Wall Street Zen upgraded shares of HCA Healthcare from a “hold” rating to a “buy” rating in a report on Saturday, July 5th. Wolfe Research cut shares of HCA Healthcare from an “outperform” rating to a “peer perform” rating in a report on Monday, July 28th. Stephens upgraded shares of HCA Healthcare to a “strong-buy” rating in a report on Monday, June 2nd. Finally, Bank of America cut shares of HCA Healthcare from a “buy” rating to a “neutral” rating and set a $394.00 price target for the company. in a report on Wednesday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, HCA Healthcare has an average rating of “Moderate Buy” and a consensus price target of $401.83.

HCA Healthcare Stock Up 2.2%

NYSE HCA opened at $420.68 on Friday. The company has a debt-to-equity ratio of 69.07, a quick ratio of 0.86 and a current ratio of 0.98. The firm has a 50-day simple moving average of $380.14 and a 200 day simple moving average of $360.12. HCA Healthcare, Inc. has a twelve month low of $289.98 and a twelve month high of $420.98. The stock has a market cap of $98.43 billion, a PE ratio of 17.68, a PEG ratio of 1.32 and a beta of 1.41.

HCA Healthcare (NYSE:HCA) last announced its quarterly earnings results on Friday, July 25th. The company reported $6.84 EPS for the quarter, topping analysts’ consensus estimates of $6.20 by $0.64. The firm had revenue of $18.61 billion during the quarter, compared to analysts’ expectations of $18.49 billion. HCA Healthcare had a net margin of 8.21% and a negative return on equity of 7,363.11%. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the company earned $5.50 earnings per share. HCA Healthcare has set its FY 2025 guidance at 25.500-27.000 EPS. On average, research analysts forecast that HCA Healthcare, Inc. will post 24.98 EPS for the current year.

HCA Healthcare Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be paid a dividend of $0.72 per share. The ex-dividend date is Tuesday, September 16th. This represents a $2.88 dividend on an annualized basis and a yield of 0.7%. HCA Healthcare’s dividend payout ratio (DPR) is currently 12.11%.

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.