HCA Holdings Inc. (HCA) Shares Sold by First Citizens Bank & Trust Co.
First Citizens Bank & Trust Co. decreased its position in HCA Holdings Inc. (NYSE:HCA) by 8.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 57,925 shares of the company’s stock after selling 5,081 shares during the period. First Citizens Bank & Trust Co.’s holdings in HCA Holdings were worth $4,461,000 as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in the company. Redwood Investments LLC increased its position in shares of HCA Holdings by 24.6% in the second quarter. Redwood Investments LLC now owns 292,664 shares of the company’s stock worth $22,538,000 after buying an additional 57,801 shares during the last quarter. First Republic Investment Management Inc. increased its position in shares of HCA Holdings by 16.9% in the first quarter. First Republic Investment Management Inc. now owns 194,123 shares of the company’s stock worth $15,152,000 after buying an additional 28,011 shares during the last quarter. Nisa Investment Advisors LLC increased its position in shares of HCA Holdings by 48.2% in the second quarter. Nisa Investment Advisors LLC now owns 80,294 shares of the company’s stock worth $6,183,000 after buying an additional 26,114 shares during the last quarter. Eachwin Capital LP bought a new position in shares of HCA Holdings during the first quarter worth approximately $550,000. Finally, Meeder Asset Management Inc. bought a new position in shares of HCA Holdings during the first quarter worth approximately $317,000. Hedge funds and other institutional investors own 72.82% of the company’s stock.
HCA Holdings Inc. (NYSE:HCA) traded up 2.297% during mid-day trading on Monday, hitting $75.935. The stock had a trading volume of 2,587,942 shares. The firm has a market cap of $28.75 billion, a PE ratio of 13.158 and a beta of 0.89. HCA Holdings Inc. has a 12-month low of $60.07 and a 12-month high of $83.69. The company has a 50-day moving average of $75.45 and a 200-day moving average of $77.61.
HCA Holdings (NYSE:HCA) last issued its earnings results on Thursday, July 28th. The company reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.10. The business had revenue of $10.32 billion for the quarter, compared to analyst estimates of $10.49 billion. HCA Holdings had a negative return on equity of 42.19% and a net margin of 5.75%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the company posted $1.37 EPS. Analysts expect that HCA Holdings Inc. will post $6.58 earnings per share for the current year.
HCA has been the topic of a number of research analyst reports. Jefferies Group restated a “buy” rating on shares of HCA Holdings in a research report on Tuesday, September 6th. JPMorgan Chase & Co. downgraded HCA Holdings from an “overweight” rating to a “neutral” rating and set a $85.00 target price on the stock. in a research report on Friday, July 29th. Zacks Investment Research downgraded HCA Holdings from a “buy” rating to a “hold” rating in a research report on Monday, July 18th. Mizuho restated a “buy” rating and issued a $102.00 target price on shares of HCA Holdings in a research report on Thursday, July 14th. Finally, Sanford C. Bernstein initiated coverage on HCA Holdings in a research report on Thursday, June 16th. They issued a “market perform” rating and a $88.00 target price on the stock. Eight analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target 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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