Clear Harbor Asset Management LLC cut its position in shares of HCA Holdings, Inc. (NYSE:HCA) by 1.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,125 shares of the company’s stock after selling 200 shares during the period. Clear Harbor Asset Management LLC’s holdings in HCA Holdings were worth $962,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in the stock. Acadian Asset Management LLC raised its stake in shares of HCA Holdings by 366.5% in the second quarter. Acadian Asset Management LLC now owns 32,787 shares of the company’s stock worth $2,859,000 after buying an additional 25,758 shares during the last quarter. Greenleaf Trust raised its stake in shares of HCA Holdings by 15.4% in the second quarter. Greenleaf Trust now owns 2,821 shares of the company’s stock worth $246,000 after buying an additional 376 shares during the last quarter. PGGM Investments purchased a new stake in shares of HCA Holdings during the second quarter worth about $31,555,000. Oxbow Advisors LLC increased its position in shares of HCA Holdings by 52.2% in the second quarter. Oxbow Advisors LLC now owns 27,841 shares of the company’s stock worth $2,428,000 after buying an additional 9,551 shares during the period. Finally, Huntington National Bank increased its position in shares of HCA Holdings by 24.5% in the second quarter. Huntington National Bank now owns 6,887 shares of the company’s stock worth $601,000 after buying an additional 1,355 shares during the period. Hedge funds and other institutional investors own 75.69% of the company’s stock.
Shares of HCA Holdings, Inc. (NYSE:HCA) opened at 78.99 on Thursday. The stock’s 50 day moving average is $82.96 and its 200 day moving average is $84.34. The stock has a market capitalization of $28.54 billion, a price-to-earnings ratio of 10.59 and a beta of 0.67. HCA Holdings, Inc. has a 1-year low of $67.00 and a 1-year high of $91.03.
HCA Holdings (NYSE:HCA) last announced its earnings results on Tuesday, July 25th. The company reported $1.75 EPS for the quarter, missing the consensus estimate of $1.80 by $0.05. HCA Holdings had a negative return on equity of 48.08% and a net margin of 6.64%. The firm had revenue of $10.73 billion during the quarter, compared to analyst estimates of $10.76 billion. During the same quarter in the previous year, the business earned $1.66 earnings per share. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. On average, equities analysts forecast that HCA Holdings, Inc. will post $7.17 EPS for the current year.
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A number of equities analysts recently commented on the stock. Argus reduced their price objective on shares of HCA Holdings from $100.00 to $93.00 and set a “buy” rating for the company in a research note on Monday. BidaskClub downgraded shares of HCA Holdings from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Zacks Investment Research raised shares of HCA Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Citigroup Inc. reduced their price target on HCA Holdings from $89.00 to $87.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 26th. Finally, Leerink Swann raised HCA Holdings from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $92.00 to $100.00 in a research report on Tuesday, June 6th. One analyst has rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $93.06.
In other HCA Holdings news, SVP Jana Joustra Davis sold 54,689 shares of the firm’s stock in a transaction dated Tuesday, May 23rd. The shares were sold at an average price of $82.35, for a total value of $4,503,639.15. Following the completion of the transaction, the senior vice president now directly owns 107,892 shares in the company, valued at $8,884,906.20. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Michael S. Cuffe sold 2,150 shares of the firm’s stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $84.86, for a total transaction of $182,449.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 130,052 shares of company stock valued at $10,983,352. Corporate insiders own 2.90% of the company’s stock.
About HCA Holdings
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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