Rothschild Asset Management Inc. Takes Position in HCA Holdings, Inc. (HCA)
Rothschild Asset Management Inc. bought a new position in HCA Holdings, Inc. (NYSE:HCA) during the second quarter, according to its most recent filing with the SEC. The firm bought 5,137 shares of the company’s stock, valued at approximately $448,000.
A number of other hedge funds have also added to or reduced their stakes in HCA. Janney Montgomery Scott LLC raised its stake in HCA Holdings by 0.4% in the second quarter. Janney Montgomery Scott LLC now owns 3,174 shares of the company’s stock worth $277,000 after buying an additional 14 shares in the last quarter. Boston Advisors LLC raised its stake in HCA Holdings by 0.6% in the first quarter. Boston Advisors LLC now owns 6,212 shares of the company’s stock worth $553,000 after buying an additional 37 shares in the last quarter. Capstone Asset Management Co. raised its stake in HCA Holdings by 1.1% in the first quarter. Capstone Asset Management Co. now owns 7,083 shares of the company’s stock worth $630,000 after buying an additional 80 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in HCA Holdings by 0.6% in the second quarter. Louisiana State Employees Retirement System now owns 17,800 shares of the company’s stock worth $1,552,000 after buying an additional 100 shares in the last quarter. Finally, Eqis Capital Management Inc. raised its stake in HCA Holdings by 2.8% in the first quarter. Eqis Capital Management Inc. now owns 3,800 shares of the company’s stock worth $338,000 after buying an additional 103 shares in the last quarter. 74.54% of the stock is owned by hedge funds and other institutional investors.
Shares of HCA Holdings, Inc. (HCA) opened at 79.37 on Friday. HCA Holdings, Inc. has a 52-week low of $67.00 and a 52-week high of $91.03. The company has a market capitalization of $28.67 billion, a PE ratio of 10.64 and a beta of 0.67. The company has a 50-day moving average of $83.56 and a 200 day moving average of $84.33.
HCA Holdings (NYSE:HCA) last posted its quarterly earnings data on Tuesday, July 25th. The company reported $1.75 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.80 by $0.05. HCA Holdings had a negative return on equity of 48.08% and a net margin of 6.64%. The firm had revenue of $10.73 billion for the quarter, compared to analyst estimates of $10.76 billion. During the same quarter last year, the company earned $1.66 earnings per share. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. Analysts predict that HCA Holdings, Inc. will post $7.17 earnings per share for the current year.
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A number of research firms have commented on HCA. BidaskClub lowered shares of HCA Holdings from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Zacks Investment Research lowered shares of HCA Holdings from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Bank of America Corporation lowered shares of HCA Holdings from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $102.00 to $92.00 in a report on Wednesday, July 26th. Morgan Stanley reaffirmed an “equal weight” rating and set a $88.00 target price (down previously from $90.00) on shares of HCA Holdings in a report on Wednesday, July 26th. Finally, Citigroup Inc. lowered their target price on shares of HCA Holdings from $89.00 to $87.00 and set a “neutral” rating for the company in a report on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $93.50.
In other HCA Holdings news, SVP Sandra L. Morgan sold 5,915 shares of the firm’s stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $82.74, for a total value of $489,407.10. Following the completion of the sale, the senior vice president now directly owns 2,420 shares in the company, valued at $200,230.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael S. Cuffe sold 2,150 shares of the firm’s stock in a transaction on Monday, July 17th. The stock was sold at an average price of $86.44, for a total transaction of $185,846.00. Following the completion of the sale, the insider now owns 12,363 shares of the company’s stock, valued at $1,068,657.72. The disclosure for this sale can be found here. Insiders sold 138,117 shares of company stock valued at $11,654,477 over the last 90 days. Corporate insiders own 2.90% of the company’s stock.
About HCA Holdings
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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