HCA Holdings, Inc. (HCA) Stock Rating Lowered by ValuEngine

HCA Holdings, Inc. (NYSE:HCA) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday, September 7th.

HCA has been the topic of a number of other research reports. Zacks Investment Research lowered HCA Holdings from a “buy” rating to a “hold” rating in a research note on Friday, July 14th. Robert W. Baird lowered their target price on HCA Holdings from $95.00 to $93.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 22nd. BidaskClub lowered HCA Holdings from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Morgan Stanley started coverage on HCA Holdings in a research note on Tuesday, June 6th. They set an “equal weight” rating and a $90.00 target price on the stock. Finally, Cantor Fitzgerald reiterated a “buy” rating and set a $95.00 target price on shares of HCA Holdings in a research note on Wednesday, September 6th. One research analyst has rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $92.88.

HCA Holdings (NYSE HCA) opened at 79.24 on Thursday. HCA Holdings has a 52 week low of $67.00 and a 52 week high of $91.03. The company has a 50 day moving average price of $78.63 and a 200-day moving average price of $83.51. The company has a market capitalization of $28.63 billion, a P/E ratio of 10.62 and a beta of 0.67.

HCA Holdings (NYSE:HCA) last announced its earnings results on Tuesday, July 25th. The company reported $1.75 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.80 by ($0.05). The firm had revenue of $10.73 billion for the quarter, compared to the consensus estimate of $10.76 billion. HCA Holdings had a negative return on equity of 48.08% and a net margin of 6.64%. HCA Holdings’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter last year, the business posted $1.66 EPS. On average, equities analysts anticipate that HCA Holdings will post $7.19 earnings per share for the current fiscal year.

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In other HCA Holdings news, insider Michael S. Cuffe sold 2,150 shares of the firm’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $79.88, for a total value of $171,742.00. Following the sale, the insider now owns 12,363 shares of the company’s stock, valued at approximately $987,556.44. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jonathan B. Perlin sold 71,063 shares of the firm’s stock in a transaction on Thursday, June 22nd. The shares were sold at an average price of $86.00, for a total value of $6,111,418.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 75,363 shares of company stock worth $6,469,006. Company insiders own 2.90% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC boosted its holdings in shares of HCA Holdings by 0.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 3,174 shares of the company’s stock valued at $277,000 after acquiring an additional 14 shares in the last quarter. Advisor Partners LLC boosted its holdings in shares of HCA Holdings by 0.3% during the 2nd quarter. Advisor Partners LLC now owns 4,732 shares of the company’s stock valued at $413,000 after acquiring an additional 14 shares in the last quarter. Wetherby Asset Management Inc. boosted its holdings in shares of HCA Holdings by 0.6% during the 2nd quarter. Wetherby Asset Management Inc. now owns 4,232 shares of the company’s stock valued at $369,000 after acquiring an additional 25 shares in the last quarter. Argent Capital Management LLC boosted its holdings in shares of HCA Holdings by 1.2% during the 2nd quarter. Argent Capital Management LLC now owns 4,370 shares of the company’s stock valued at $381,000 after acquiring an additional 50 shares in the last quarter. Finally, Wedbush Securities Inc. boosted its holdings in shares of HCA Holdings by 1.5% during the 2nd quarter. Wedbush Securities Inc. now owns 6,028 shares of the company’s stock valued at $526,000 after acquiring an additional 88 shares in the last quarter. 73.75% of the stock is currently owned by institutional investors.

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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Analyst Recommendations for HCA Holdings (NYSE:HCA)

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