HCA Healthcare, Inc. (NYSE:HCA) Stock Position Trimmed by Longview Partners Guernsey LTD

Longview Partners Guernsey LTD cut its holdings in shares of HCA Healthcare, Inc. (NYSE:HCA) by 8.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,669,274 shares of the company’s stock after selling 444,557 shares during the quarter. HCA Healthcare comprises approximately 5.3% of Longview Partners Guernsey LTD’s portfolio, making the stock its 2nd biggest holding. Longview Partners Guernsey LTD’s holdings in HCA Healthcare were worth $965,326,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HCA. E Fund Management Co. Ltd. purchased a new position in shares of HCA Healthcare in the 1st quarter worth about $184,000. Quilter Plc purchased a new position in shares of HCA Healthcare in the 1st quarter worth about $201,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of HCA Healthcare by 0.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 33,160 shares of the company’s stock worth $6,245,000 after purchasing an additional 181 shares during the period. Ensign Peak Advisors Inc raised its holdings in shares of HCA Healthcare by 0.7% in the 1st quarter. Ensign Peak Advisors Inc now owns 199,721 shares of the company’s stock worth $37,615,000 after purchasing an additional 1,479 shares during the period. Finally, Prudential Financial Inc. raised its holdings in shares of HCA Healthcare by 37.8% in the 1st quarter. Prudential Financial Inc. now owns 339,951 shares of the company’s stock worth $64,027,000 after purchasing an additional 93,269 shares during the period. Hedge funds and other institutional investors own 68.57% of the company’s stock.

In related news, CMO Jonathan B. Perlin sold 40,000 shares of HCA Healthcare stock in a transaction on Monday, August 2nd. The stock was sold at an average price of $250.00, for a total transaction of $10,000,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Kathryn A. Torres sold 1,000 shares of HCA Healthcare stock in a transaction on Wednesday, July 21st. The shares were sold at an average price of $252.00, for a total value of $252,000.00. Following the sale, the senior vice president now directly owns 15,899 shares of the company’s stock, valued at approximately $4,006,548. The disclosure for this sale can be found here. Insiders have sold 59,093 shares of company stock worth $14,778,068 in the last quarter. 1.60% of the stock is currently owned by corporate insiders.

A number of equities research analysts have recently issued reports on HCA shares. Seaport Global Securities began coverage on HCA Healthcare in a research note on Friday, July 9th. They issued a “buy” rating and a $235.00 target price for the company. They noted that the move was a valuation call. TheStreet lowered HCA Healthcare from a “b” rating to a “c+” rating in a research note on Tuesday, July 20th. Seaport Res Ptn restated a “buy” rating on shares of HCA Healthcare in a research note on Friday, July 9th. Oppenheimer increased their target price on HCA Healthcare from $230.00 to $275.00 and gave the stock an “outperform” rating in a report on Wednesday, July 21st. Finally, SVB Leerink began coverage on HCA Healthcare in a report on Monday, September 27th. They set an “outperform” rating and a $320.00 target price on the stock. Five analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $257.67.

Shares of HCA stock traded up $3.85 during mid-day trading on Thursday, hitting $242.86. 22,153 shares of the stock traded hands, compared to its average volume of 1,447,049. The company has a debt-to-equity ratio of 18.06, a quick ratio of 1.21 and a current ratio of 1.45. The firm has a market cap of $77.75 billion, a price-to-earnings ratio of 16.39, a price-to-earnings-growth ratio of 1.38 and a beta of 1.65. The company’s 50-day simple moving average is $249.69 and its 200-day simple moving average is $224.42. HCA Healthcare, Inc. has a twelve month low of $121.91 and a twelve month high of $263.92.

HCA Healthcare (NYSE:HCA) last issued its earnings results on Monday, July 19th. The company reported $4.37 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.16 by $1.21. The business had revenue of $14.44 billion for the quarter, compared to analysts’ expectations of $13.61 billion. HCA Healthcare had a return on equity of 234.29% and a net margin of 8.87%. The company’s quarterly revenue was up 30.4% on a year-over-year basis. During the same period in the previous year, the firm posted $3.23 EPS. Analysts forecast that HCA Healthcare, Inc. will post 16.78 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, September 30th. Investors of record on Thursday, September 16th were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date was Wednesday, September 15th. HCA Healthcare’s payout ratio is 16.54%.

HCA Healthcare Company Profile

HCA Healthcare, Inc is a health care services company, which engages in operating hospitals, freestanding surgery centers and emergency rooms, and urgent care centers. It offers a full range of services to accommodate such medical specialties as internal medicine, general surgery, cardiology, oncology, neurosurgery, orthopedics and obstetrics, as well as diagnostic and emergency services.

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Institutional Ownership by Quarter for HCA Healthcare (NYSE:HCA)

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