BlackRock Advisors LLC Has $25,660,000 Position in HCA Holdings Inc. (HCA)
BlackRock Advisors LLC cut its stake in shares of HCA Holdings Inc. (NYSE:HCA) by 1.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 333,204 shares of the company’s stock after selling 5,767 shares during the period. BlackRock Advisors LLC owned approximately 0.09% of HCA Holdings worth $25,660,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of HCA. Nomura Asset Management Co. Ltd. boosted its stake in shares of HCA Holdings by 1.7% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 48,097 shares of the company’s stock valued at $3,253,000 after buying an additional 800 shares during the last quarter. Acadian Asset Management LLC boosted its stake in shares of HCA Holdings by 311.3% in the first quarter. Acadian Asset Management LLC now owns 93,690 shares of the company’s stock valued at $7,313,000 after buying an additional 70,912 shares during the last quarter. Boston Advisors LLC bought a new stake in shares of HCA Holdings during the first quarter valued at about $560,000. Aperio Group LLC boosted its stake in shares of HCA Holdings by 60.2% in the first quarter. Aperio Group LLC now owns 129,652 shares of the company’s stock valued at $10,119,000 after buying an additional 48,725 shares during the last quarter. Finally, Mn Services Vermogensbeheer B.V. bought a new stake in shares of HCA Holdings during the first quarter valued at about $558,000. Institutional investors own 72.83% of the company’s stock.
HCA Holdings Inc. (NYSE:HCA) opened at 76.38 on Friday. The stock has a market capitalization of $28.92 billion, a P/E ratio of 13.24 and a beta of 0.82. HCA Holdings Inc. has a 52 week low of $60.07 and a 52 week high of $83.69. The firm has a 50 day moving average price of $75.76 and a 200 day moving average price of $77.51.
HCA Holdings (NYSE:HCA) last released its quarterly earnings results on Thursday, July 28th. The company reported $1.66 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.56 by $0.10. HCA Holdings had a negative return on equity of 42.19% and a net margin of 5.75%. The business had revenue of $10.32 billion for the quarter, compared to analysts’ expectations of $10.49 billion. During the same quarter in the previous year, the firm posted $1.37 earnings per share. The company’s revenue was up 4.3% compared to the same quarter last year. Equities research analysts predict that HCA Holdings Inc. will post $6.59 earnings per share for the current year.
HCA has been the subject of several analyst reports. Barclays PLC dropped their target price on HCA Holdings from $80.00 to $79.00 and set an “overweight” rating for the company in a report on Wednesday, June 1st. Leerink Swann cut HCA Holdings from an “outperform” rating to a “mkt perform” rating in a report on Wednesday, June 1st. Longbow Research cut HCA Holdings from an “outperform” rating to a “market perform” rating and set a $74.00 target price for the company. in a report on Wednesday, June 1st. Sanford C. Bernstein began coverage on HCA Holdings in a report on Thursday, June 16th. They set a “market perform” rating and a $88.00 price target for the company. Finally, Credit Suisse Group AG reiterated a “buy” rating on shares of HCA Holdings in a report on Tuesday, June 28th. Eight investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $86.88.
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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