APG Asset Management N.V. Sells 130,282 Shares of HCA Holdings, Inc. (NYSE:HCA)
APG Asset Management N.V. cut its position in shares of HCA Holdings, Inc. (NYSE:HCA) by 8.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,418,188 shares of the company’s stock after selling 130,282 shares during the period. APG Asset Management N.V. owned approximately 0.39% of HCA Holdings worth $123,666,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. increased its position 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 in the last quarter. FMR LLC increased its position 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 in the last quarter. Old Mutual Global Investors UK Ltd. increased its position in HCA Holdings by 44.6% in the first quarter. Old Mutual Global Investors UK Ltd. now owns 1,627,311 shares of the company’s stock worth $144,814,000 after buying an additional 501,591 shares in the last quarter. Morgan Stanley increased its position in HCA Holdings by 51.7% in the first quarter. Morgan Stanley now owns 1,186,998 shares of the company’s stock worth $105,630,000 after buying an additional 404,599 shares in the last quarter. Finally, Vanguard Group Inc. increased its position 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 in the last quarter. Institutional investors own 74.48% of the company’s stock.
HCA Holdings, Inc. (NYSE HCA) traded down 2.33% during trading on Tuesday, hitting $84.08. The stock had a trading volume of 1,618,682 shares. The company’s 50-day moving average is $85.35 and its 200 day moving average is $84.41. The firm has a market cap of $30.85 billion, a PE ratio of 11.42 and a beta of 0.68. HCA Holdings, Inc. has a 52 week low of $67.00 and a 52 week high of $91.03.
HCA Holdings (NYSE:HCA) last issued its quarterly earnings results on Tuesday, May 2nd. The company reported $1.74 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.74. The company had revenue of $10.62 billion for the quarter, compared to the consensus estimate of $10.64 billion. HCA Holdings had a negative return on equity of 45.28% and a net margin of 6.70%. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.71 EPS. Equities analysts expect that HCA Holdings, Inc. will post $7.36 EPS for the current fiscal year.
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A number of research firms recently issued reports on HCA. Mizuho raised shares of 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. Cantor Fitzgerald reissued a “buy” rating and set a $95.00 target price on shares of HCA Holdings in a research report on Monday, April 17th. Zacks Investment Research downgraded shares of HCA Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, March 28th. Deutsche Bank AG began coverage on shares of HCA Holdings in a research report on Tuesday, April 4th. They set a “buy” rating and a $103.00 target price for the company. Finally, Argus began coverage on shares of HCA Holdings in a research report on Wednesday, June 28th. They set a “buy” rating and a $100.00 target price for the company. One equities research 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’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $92.71.
In other news, SVP Jana Joustra Davis sold 54,689 shares of HCA Holdings stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $82.35, for a total transaction of $4,503,639.15. Following the sale, the senior vice president now owns 107,892 shares of the company’s stock, valued at approximately $8,884,906.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Thomas F. Frist, Jr. acquired 361,205 shares of the firm’s stock in a transaction dated Friday, May 5th. The shares were purchased at an average cost of $83.06 per share, for a total transaction of $30,001,687.30. Following the acquisition, the insider now directly owns 167,000 shares in the company, valued at approximately $13,871,020. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 397,424 shares of company stock worth $33,234,810. Company insiders own 2.90% of the company’s stock.
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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