Paulson & CO. Inc. acquired a new stake in shares of HCA Holdings, Inc. (NYSE:HCA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 111,600 shares of the company’s stock, valued at approximately $8,261,000.
A number of other hedge funds have also recently made changes to their positions in HCA. Seven Eight Capital LP purchased a new stake in shares of HCA Holdings during the fourth quarter valued at approximately $273,000. Chieftain Capital Management Inc. purchased a new stake in shares of HCA Holdings during the fourth quarter valued at approximately $141,796,000. Tudor Investment Corp Et Al purchased a new stake in shares of HCA Holdings during the fourth quarter valued at approximately $518,000. GLG LLC purchased a new stake in shares of HCA Holdings during the fourth quarter valued at approximately $1,581,000. Finally, Orbimed Advisors LLC increased its stake in shares of HCA Holdings by 52.6% in the fourth quarter. Orbimed Advisors LLC now owns 2,002,200 shares of the company’s stock valued at $148,203,000 after buying an additional 690,000 shares during the period. 72.27% of the stock is currently owned by institutional investors.
HCA Holdings, Inc. (NYSE:HCA) traded up 0.72% during midday trading on Friday, reaching $87.07. 1,856,977 shares of the company’s stock were exchanged. The firm’s 50 day moving average is $81.46 and its 200 day moving average is $76.76. The firm has a market capitalization of $32.26 billion, a price-to-earnings ratio of 11.93 and a beta of 0.71. HCA Holdings, Inc. has a 52 week low of $66.03 and a 52 week high of $87.44.
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Several brokerages recently commented on HCA. Zacks Investment Research raised shares of HCA Holdings from a “hold” rating to a “buy” rating and set a $92.00 price objective on the stock in a research report on Friday, February 3rd. RBC Capital Markets reissued an “outperform” rating and set a $98.00 price objective (up from $95.00) on shares of HCA Holdings in a research report on Wednesday, February 1st. Royal Bank of Canada increased their price objective on shares of HCA Holdings from $95.00 to $98.00 and gave the company an “outperform” rating in a research report on Wednesday, February 1st. Evercore ISI increased their price objective on shares of HCA Holdings to $88.00 and gave the company a “buy” rating in a research report on Tuesday, January 31st. Finally, Avondale Partners raised shares of HCA Holdings from a “market perform” rating to an “outperform” rating and set a $96.00 price objective on the stock in a research report on Tuesday, January 17th. Five investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $89.12.
In related news, insider Michael S. Cuffe sold 4,300 shares of the company’s stock in a transaction that occurred on Monday, January 9th. The stock was sold at an average price of $78.00, for a total value of $335,400.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Charles J. Hall sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, February 3rd. The shares were sold at an average price of $83.79, for a total value of $8,379,000.00. Following the completion of the sale, the insider now owns 76,969 shares in the company, valued at approximately $6,449,232.51. The disclosure for this sale can be found here. In the last quarter, insiders sold 245,888 shares of company stock worth $20,379,533. 3.10% of the stock is owned by insiders.
About HCA Holdings
HCA Holdings, Inc is a healthcare services company. The Company’s segment is operating hospitals and related healthcare entities. The Company operates approximately 168 hospitals, consisting of 164 general, acute care hospitals; three psychiatric hospitals, and one rehabilitation hospital. In addition, the Company operates approximately 116 freestanding surgery centers.
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