New Mexico Educational Retirement Board Sells 500 Shares of HCA Healthcare Inc (NYSE:HCA)

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New Mexico Educational Retirement Board reduced its position in HCA Healthcare Inc (NYSE:HCA) by 2.2% during the second quarter, HoldingsChannel.com reports. The firm owned 21,900 shares of the company’s stock after selling 500 shares during the period. New Mexico Educational Retirement Board’s holdings in HCA Healthcare were worth $2,960,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Magellan Asset Management Ltd raised its position in HCA Healthcare by 2.0% in the 1st quarter. Magellan Asset Management Ltd now owns 12,908,938 shares of the company’s stock worth $1,683,067,000 after purchasing an additional 258,477 shares during the period. AQR Capital Management LLC raised its position in HCA Healthcare by 11.1% in the 1st quarter. AQR Capital Management LLC now owns 3,555,318 shares of the company’s stock worth $461,160,000 after purchasing an additional 355,406 shares during the period. Geode Capital Management LLC raised its position in HCA Healthcare by 10.0% in the 4th quarter. Geode Capital Management LLC now owns 3,414,676 shares of the company’s stock worth $424,189,000 after purchasing an additional 310,086 shares during the period. Janus Henderson Group PLC raised its position in HCA Healthcare by 33.6% in the 1st quarter. Janus Henderson Group PLC now owns 2,368,547 shares of the company’s stock worth $308,812,000 after purchasing an additional 596,056 shares during the period. Finally, Parametric Portfolio Associates LLC raised its position in HCA Healthcare by 3.9% in the 1st quarter. Parametric Portfolio Associates LLC now owns 1,499,343 shares of the company’s stock worth $195,484,000 after purchasing an additional 55,925 shares during the period. 70.32% of the stock is currently owned by institutional investors.

Shares of NYSE:HCA traded down $0.96 during trading on Thursday, reaching $122.62. 27,440 shares of the company were exchanged, compared to its average volume of 1,981,268. The firm has a market capitalization of $42.14 billion, a PE ratio of 12.59, a P/E/G ratio of 1.07 and a beta of 0.85. The business’s fifty day simple moving average is $133.91 and its 200-day simple moving average is $131.17. HCA Healthcare Inc has a 12-month low of $110.31 and a 12-month high of $147.42.

HCA Healthcare (NYSE:HCA) last issued its earnings results on Tuesday, July 30th. The company reported $2.21 EPS for the quarter, missing the Zacks’ consensus estimate of $2.49 by ($0.28). The company had revenue of $12.60 billion for the quarter, compared to analysts’ expectations of $12.61 billion. HCA Healthcare had a negative return on equity of 135.90% and a net margin of 7.46%. The business’s revenue was up 9.3% compared to the same quarter last year. During the same period last year, the business posted $2.29 earnings per share. On average, sell-side analysts expect that HCA Healthcare Inc will post 10.36 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 3rd will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, August 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.30%. HCA Healthcare’s dividend payout ratio is presently 16.38%.

In other news, SVP Robert A. Waterman sold 33,786 shares of the stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $134.98, for a total transaction of $4,560,434.28. Following the transaction, the senior vice president now directly owns 279,551 shares in the company, valued at $37,733,793.98. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Patricia F. Elcan acquired 250 shares of the company’s stock in a transaction dated Tuesday, August 6th. The shares were acquired at an average price of $124.10 per share, for a total transaction of $31,025.00. The disclosure for this purchase can be found here. 2.70% of the stock is currently owned by company insiders.

A number of analysts recently weighed in on HCA shares. UBS Group increased their price objective on shares of HCA Healthcare from $172.00 to $181.00 and gave the stock a “buy” rating in a research report on Monday, June 24th. Zacks Investment Research lowered shares of HCA Healthcare from a “buy” rating to a “hold” rating and set a $130.00 price objective on the stock. in a research report on Monday, May 27th. Stephens set a $150.00 price objective on shares of HCA Healthcare and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Deutsche Bank increased their price objective on shares of HCA Healthcare from $160.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. Finally, Mizuho set a $153.00 price objective on shares of HCA Healthcare and gave the stock a “buy” rating in a research report on Wednesday, July 31st. Two analysts have rated the stock with a sell rating, two have given a hold rating and seventeen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $153.35.

About HCA Healthcare

HCA Healthcare, Inc, through its subsidiaries, provides health care services. The company operates general, acute care hospitals that offer 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 services.

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

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