HCA Holdings, Inc. (NYSE:HCA) had its target price decreased by Citigroup Inc. from $87.00 to $81.00 in a research report released on Monday, November 6th, Marketbeat reports. Citigroup Inc. currently has a neutral rating on the stock.
A number of other brokerages have also recently commented on HCA. Argus cut their target price on shares of HCA Holdings from $100.00 to $93.00 and set a buy rating on the stock in a report on Monday, August 14th. Zacks Investment Research raised shares of HCA Holdings from a sell rating to a hold rating in a report on Tuesday, August 8th. BidaskClub lowered shares of HCA Holdings from a sell rating to a strong sell rating in a research report on Saturday, August 5th. Robert W. Baird reiterated a buy rating on shares of HCA Holdings in a research report on Thursday, September 28th. Finally, ValuEngine upgraded shares of HCA Holdings from a hold rating to a buy rating in a research report on Monday, October 2nd. Two analysts have rated the stock with a sell rating, five have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of $90.20.
Shares of HCA Holdings (NYSE:HCA) traded down $0.73 during mid-day trading on Monday, reaching $75.24. 1,729,232 shares of the company’s stock traded hands, compared to its average volume of 2,624,352. 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 Holdings has a one year low of $69.18 and a one year high of $91.03. The stock has a market capitalization of $26,638.91, a price-to-earnings ratio of 11.42, a PEG ratio of 1.11 and a beta of 0.50.
HCA Holdings (NYSE:HCA) last issued its earnings results on Tuesday, October 31st. The company reported $1.21 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.21. HCA Holdings had a net margin of 6.13% and a negative return on equity of 47.16%. The firm had revenue of $10.70 billion for the quarter, compared to analysts’ expectations of $10.70 billion. During the same quarter last year, the company earned $1.45 earnings per share. The firm’s revenue was up 4.1% compared to the same quarter last year. sell-side analysts anticipate that HCA Holdings will post 6.55 EPS for the current fiscal year.
In related news, SVP Victor L. Campbell sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $78.00, for a total transaction of $624,000.00. Following the sale, the senior vice president now directly owns 127,275 shares of the company’s stock, valued at approximately $9,927,450. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Michael S. Cuffe sold 2,150 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $79.87, for a total value of $171,720.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,300 shares of company stock valued at $963,421. Company insiders own 2.90% of the company’s stock.
Several hedge funds have recently bought and sold shares of HCA. Northwestern Mutual Wealth Management Co. raised its position in shares of HCA Holdings by 14.0% during the 2nd 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 in the last quarter. Bronfman E.L. Rothschild L.P. increased its position 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 worth $107,000 after buying an additional 320 shares during the period. Atlantic Trust LLC acquired a new stake in HCA Holdings in the second quarter worth $118,000. Lee Financial Co acquired a new stake in HCA Holdings in the second quarter worth $125,000. Finally, Acrospire Investment Management LLC increased its position in HCA Holdings by 14.3% in the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the company’s stock worth $140,000 after buying an additional 200 shares during the period. 74.63% of the stock is currently owned by institutional investors and hedge funds.
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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