HCA Holdings, Inc. (HCA) Shares Sold by Creative Planning
Creative Planning reduced its position in HCA Holdings, Inc. (NYSE:HCA) by 0.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,420 shares of the company’s stock after selling 23 shares during the period. Creative Planning’s holdings in HCA Holdings were worth $996,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in HCA. BlackRock Inc. increased its stake in HCA Holdings by 2,549.4% in the first quarter. BlackRock Inc. now owns 20,099,811 shares of the company’s stock worth $1,788,682,000 after buying an additional 19,341,168 shares during the period. Vanguard Group Inc. increased its stake in HCA Holdings by 1.9% in the first quarter. Vanguard Group Inc. now owns 19,576,992 shares of the company’s stock worth $1,742,157,000 after buying an additional 361,027 shares during the period. State Street Corp increased its stake in HCA Holdings by 2.2% in the first quarter. State Street Corp now owns 13,217,212 shares of the company’s stock worth $1,176,199,000 after buying an additional 290,636 shares during the period. Harris Associates L P increased its stake in HCA Holdings by 0.9% in the first quarter. Harris Associates L P now owns 12,214,476 shares of the company’s stock worth $1,086,966,000 after buying an additional 105,317 shares during the period. Finally, FMR LLC increased its stake in HCA Holdings by 15.8% in the first quarter. FMR LLC now owns 7,763,884 shares of the company’s stock worth $690,908,000 after buying an additional 1,059,925 shares during the period. Hedge funds and other institutional investors own 74.49% of the company’s stock.
HCA Holdings, Inc. (NYSE HCA) opened at 85.76 on Friday. The stock has a market capitalization of $31.47 billion, a PE ratio of 11.65 and a beta of 0.69. HCA Holdings, Inc. has a 12-month low of $67.00 and a 12-month high of $91.03. The stock’s 50 day moving average is $85.22 and its 200 day moving average is $84.21.
HCA Holdings (NYSE:HCA) last issued its quarterly earnings data on Tuesday, May 2nd. The company reported $1.74 EPS for the quarter, hitting analysts’ consensus estimates of $1.74. HCA Holdings had a net margin of 6.70% and a negative return on equity of 45.28%. The business had revenue of $10.62 billion for the quarter, compared to analyst estimates of $10.64 billion. During the same period last year, the business posted $1.71 earnings per share. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. Analysts forecast that HCA Holdings, Inc. will post $7.36 EPS for the current year.
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HCA has been the subject of a number of research analyst reports. Argus initiated coverage on HCA Holdings in a research report on Wednesday, June 28th. They issued a “buy” rating and a $100.00 target price for the company. Zacks Investment Research downgraded HCA Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, April 18th. Morgan Stanley initiated coverage on HCA Holdings in a research report on Tuesday, June 6th. They issued an “equal weight” rating and a $90.00 target price for the company. Mizuho upgraded HCA Holdings from a “neutral” rating to a “buy” rating and set a $98.00 target price for the company in a research report on Monday, March 27th. Finally, BidaskClub raised HCA Holdings from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $92.71.
In other HCA Holdings news, insider Jonathan B. Perlin sold 71,063 shares of HCA Holdings stock in a transaction on Thursday, June 22nd. The shares were sold at an average price of $86.00, for a total value of $6,111,418.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael S. Cuffe sold 2,150 shares of HCA Holdings stock in a transaction on Monday, May 15th. The shares were sold at an average price of $84.52, for a total transaction of $181,718.00. Following the completion of the sale, the insider now owns 12,254 shares in the company, valued at $1,035,708.08. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 397,424 shares of company stock worth $33,234,810. 2.90% of the stock is currently owned by company insiders.
HCA Holdings Company Profile
HCA Healthcare, Inc, formerly HCA Holdings, Inc, is a holding company. The Company, through its subsidiaries, owns and operates hospitals and related healthcare entities. As of December 31, 2016, the Company operated in two geographically organized groups, including the National and American Groups. As of December 31, 2016, the National Group included 84 hospitals, which were located in Alaska, California, Florida, southern Georgia, Idaho, Indiana, northern Kentucky, Nevada, New Hampshire, South Carolina, Utah and Virginia.
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