HCA Holdings Inc. (HCA) Shares Sold by 1ST Source Bank
1ST Source Bank cut its position in HCA Holdings Inc. (NYSE:HCA) by 0.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,505 shares of the company’s stock after selling 50 shares during the period. 1ST Source Bank’s holdings in HCA Holdings were worth $501,000 as of its most recent filing with the SEC.
Other large investors have also recently added to or reduced their stakes in the company. Acrospire Investment Management LLC bought a new stake in HCA Holdings during the first quarter worth about $109,000. NN Investment Partners Holdings N.V. bought a new stake in HCA Holdings during the first quarter worth about $148,000. Invictus RG raised its stake in HCA Holdings by 21.9% in the first quarter. Invictus RG now owns 2,156 shares of the company’s stock worth $168,000 after buying an additional 388 shares during the last quarter. Bremer Trust National Association bought a new stake in HCA Holdings during the second quarter worth about $239,000. Finally, Parametrica Management Ltd bought a new stake in HCA Holdings during the second quarter worth about $273,000. Institutional investors and hedge funds own 72.82% of the company’s stock.
Shares of HCA Holdings Inc. (NYSE:HCA) traded up 0.15% during trading on Friday, hitting $80.41. 1,457,540 shares of the stock traded hands. The company has a market cap of $30.45 billion, a PE ratio of 13.93 and a beta of 0.89. The firm has a 50 day moving average price of $75.75 and a 200-day moving average price of $77.62. HCA Holdings Inc. has a one year low of $60.07 and a one year high of $83.69.
HCA Holdings (NYSE:HCA) last released its quarterly earnings data on Thursday, July 28th. The company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.10. HCA Holdings had a net margin of 5.75% and a negative return on equity of 42.19%. The business earned $10.32 billion during the quarter, compared to analyst estimates of $10.49 billion. During the same quarter in the previous year, the business earned $1.37 EPS. HCA Holdings’s quarterly revenue was up 4.3% compared to the same quarter last year. Analysts anticipate that HCA Holdings Inc. will post $6.58 earnings per share for the current fiscal year.
HCA has been the topic of a number of recent research reports. Sanford C. Bernstein initiated coverage on HCA Holdings in a research note on Thursday, June 16th. They issued a “market perform” rating and a $88.00 target price on the stock. Credit Suisse Group AG reaffirmed a “buy” rating on shares of HCA Holdings in a research note on Tuesday, June 28th. Zacks Investment Research raised HCA Holdings from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a research note on Tuesday, July 5th. Mizuho reissued a “buy” rating and set a $102.00 price target on shares of HCA Holdings in a research note on Thursday, July 14th. Finally, JPMorgan Chase & Co. lowered HCA Holdings from an “overweight” rating to a “neutral” rating and set a $85.00 price target on the stock. in a research note on Friday, July 29th. Eight research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $87.20.
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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