Swiss National Bank Has $65,822,000 Position in HCA Holdings Inc. (HCA)
Swiss National Bank lowered its stake in HCA Holdings Inc. (NYSE:HCA) by 2.2% during the third quarter, Holdings Channel reports. The firm owned 870,322 shares of the company’s stock after selling 19,900 shares during the period. Swiss National Bank’s holdings in HCA Holdings were worth $65,822,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Acrospire Investment Management LLC boosted its stake in HCA Holdings by 35.7% in the second quarter. Acrospire Investment Management LLC now owns 1,900 shares of the company’s stock valued at $146,000 after buying an additional 500 shares during the period. First Mercantile Trust Co. bought a new stake in HCA Holdings during the third quarter valued at approximately $147,000. HL Financial Services LLC bought a new stake in HCA Holdings during the third quarter valued at approximately $201,000. Raymond James Trust N.A. bought a new stake in HCA Holdings during the third quarter valued at approximately $202,000. Finally, Advisor Partners LLC bought a new stake in HCA Holdings during the second quarter valued at approximately $224,000. Institutional investors and hedge funds own 71.31% of the company’s stock.
Shares of HCA Holdings Inc. (NYSE:HCA) opened at 70.89 on Thursday. The firm has a market cap of $26.56 billion, a price-to-earnings ratio of 11.22 and a beta of 0.79. HCA Holdings Inc. has a 1-year low of $60.07 and a 1-year high of $83.69. The stock has a 50 day moving average price of $76.23 and a 200-day moving average price of $76.74.
HCA Holdings (NYSE:HCA) last issued its earnings results on Thursday, October 27th. The company reported $1.61 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.42 by $0.19. The business had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $10.41 billion. HCA Holdings had a negative return on equity of 43.65% and a net margin of 6.10%. The company’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.17 EPS. On average, equities research analysts expect that HCA Holdings Inc. will post $6.71 earnings per share for the current fiscal year.
Several equities research analysts have recently commented on HCA shares. Jefferies Group restated a “buy” rating on shares of HCA Holdings in a research note on Tuesday, September 6th. Zacks Investment Research raised HCA Holdings from a “hold” rating to a “buy” rating and set a $92.00 price objective on the stock in a report on Tuesday, October 18th. Evercore ISI started coverage on HCA Holdings in a report on Thursday, September 22nd. They set a “hold” rating and a $89.00 price objective on the stock. Avondale Partners lowered HCA Holdings from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 9th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $85.00 price objective (down previously from $89.00) on shares of HCA Holdings in a report on Tuesday, November 15th. Nine research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $87.30.
In other news, insider A Bruce Moore, Jr. sold 167,967 shares of HCA Holdings stock in a transaction on Wednesday, November 9th. The stock was sold at an average price of $73.65, for a total transaction of $12,370,769.55. Following the transaction, the insider now owns 207,682 shares in the company, valued at $15,295,779.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Sandra L. Morgan sold 18,556 shares of HCA Holdings stock in a transaction on Tuesday, November 8th. The shares were sold at an average price of $76.84, for a total value of $1,425,843.04. Following the transaction, the senior vice president now owns 7,968 shares in the company, valued at approximately $612,261.12. The disclosure for this sale can be found here. 3.10% of the stock is owned by corporate 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.
Want to see what other hedge funds are holding HCA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HCA Holdings Inc. (NYSE:HCA).
Receive News & Ratings for HCA Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HCA Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.