Signal Advisors Wealth LLC Purchases 1,493 Shares of HCA Healthcare, Inc. $HCA

Signal Advisors Wealth LLC raised its position in HCA Healthcare, Inc. (NYSE:HCA) by 24.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,635 shares of the company’s stock after buying an additional 1,493 shares during the period. Signal Advisors Wealth LLC’s holdings in HCA Healthcare were worth $3,258,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. BlackRock Inc. acquired a new position in shares of HCA Healthcare in the second quarter worth about $5,069,974,000. Wellington Management Group LLP boosted its holdings in HCA Healthcare by 20.5% in the second quarter. Wellington Management Group LLP now owns 4,707,473 shares of the company’s stock valued at $1,835,397,000 after purchasing an additional 799,761 shares during the last quarter. Darsana Capital Partners LP grew its stake in HCA Healthcare by 46.7% during the 2nd quarter. Darsana Capital Partners LP now owns 1,100,000 shares of the company’s stock valued at $428,879,000 after purchasing an additional 350,000 shares in the last quarter. Legal & General Group Plc purchased a new stake in HCA Healthcare during the 2nd quarter worth approximately $410,992,000. Finally, Jupiter Topco LLC acquired a new position in shares of HCA Healthcare in the 2nd quarter valued at approximately $371,138,000. 62.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Morgan Stanley reduced their target price on HCA Healthcare from $425.00 to $380.00 and set an “underweight” rating for the company in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft set a $476.00 price target on shares of HCA Healthcare in a research note on Monday, July 27th. UBS Group cut their price target on shares of HCA Healthcare from $635.00 to $579.00 and set a “buy” rating on the stock in a report on Monday, July 27th. Weiss Ratings upgraded shares of HCA Healthcare from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Finally, Mizuho decreased their price objective on shares of HCA Healthcare from $525.00 to $475.00 and set an “outperform” rating for the company in a report on Tuesday, July 28th. Sixteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, HCA Healthcare has an average rating of “Moderate Buy” and a consensus target price of $467.61.

HCA Healthcare Price Performance

HCA stock opened at $460.42 on Wednesday. HCA Healthcare, Inc. has a 1-year low of $353.99 and a 1-year high of $556.52. The firm has a fifty day moving average price of $423.07 and a two-hundred day moving average price of $419.09. The firm has a market cap of $99.68 billion, a price-to-earnings ratio of 15.41, a PEG ratio of 1.55 and a beta of 1.10.

HCA Healthcare (NYSE:HCA) last released its quarterly earnings data on Friday, July 24th. The company reported $7.59 earnings per share for the quarter, topping the consensus estimate of $7.56 by $0.03. HCA Healthcare had a net margin of 8.77% and a negative return on equity of 244.79%. The firm had revenue of $20.23 billion for the quarter, compared to analyst estimates of $19.76 billion. During the same quarter in the prior year, the business earned $6.84 earnings per share. HCA Healthcare’s quarterly revenue was up 8.7% on a year-over-year basis. As a group, analysts expect that HCA Healthcare, Inc. will post 29.42 EPS for the current fiscal year.

HCA Healthcare Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were issued a dividend of $0.78 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $3.12 annualized dividend and a dividend yield of 0.7%. HCA Healthcare’s dividend payout ratio is 10.45%.

HCA Healthcare Profile

HCA Healthcare, Inc is a provider of healthcare services in the United States. Through its network of hospitals and other healthcare facilities, the company delivers services including emergency and urgent care, surgery, inpatient and outpatient treatment, women’s and children’s care, cardiology, oncology, orthopedics, and behavioral health services.

HCA Healthcare also operates physician practices, ambulatory surgery centers, freestanding emergency rooms, diagnostic facilities, and other outpatient care sites.