HCA Holdings, Inc. (HCA) Shares Sold by Municipal Employees Retirement System of Michigan
Municipal Employees Retirement System of Michigan lessened its position in shares of HCA Holdings, Inc. (NYSE:HCA) by 13.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,640 shares of the company’s stock after selling 1,950 shares during the quarter. Municipal Employees Retirement System of Michigan’s holdings in HCA Holdings were worth $1,006,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of HCA. US Bancorp DE grew its stake in HCA Holdings by 10.9% during the 2nd quarter. US Bancorp DE now owns 22,999 shares of the company’s stock valued at $2,006,000 after purchasing an additional 2,260 shares during the last quarter. Huntington National Bank grew its stake in HCA Holdings by 24.5% during the 2nd quarter. Huntington National Bank now owns 6,887 shares of the company’s stock valued at $601,000 after purchasing an additional 1,355 shares during the last quarter. PGGM Investments purchased a new stake in HCA Holdings during the 2nd quarter valued at about $31,555,000. Greenleaf Trust grew its stake in HCA Holdings by 15.4% during the 2nd quarter. Greenleaf Trust now owns 2,821 shares of the company’s stock valued at $246,000 after purchasing an additional 376 shares during the last quarter. Finally, Acadian Asset Management LLC grew its stake in HCA Holdings by 366.5% during the 2nd quarter. Acadian Asset Management LLC now owns 32,787 shares of the company’s stock valued at $2,859,000 after purchasing an additional 25,758 shares during the last quarter. Institutional investors and hedge funds own 74.63% of the company’s stock.
Shares of HCA Holdings, Inc. (HCA) traded up $1.18 on Friday, hitting $77.07. The stock had a trading volume of 1,581,900 shares, compared to its average volume of 2,267,670. HCA Holdings, Inc. has a 1 year low of $69.18 and a 1 year high of $91.03. The company has a quick ratio of 1.41, a current ratio of 1.68 and a debt-to-equity ratio of -6.46. The stock has a market capitalization of $27,286.83, a P/E ratio of 11.69, a price-to-earnings-growth ratio of 1.13 and a beta of 0.50.
HCA Holdings (NYSE:HCA) last issued its earnings results on Tuesday, October 31st. The company reported $1.21 EPS for the quarter, hitting analysts’ consensus estimates of $1.21. The firm had revenue of $10.70 billion for the quarter, compared to the consensus estimate of $10.70 billion. HCA Holdings had a negative return on equity of 47.16% and a net margin of 6.13%. The company’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.45 earnings per share. equities research analysts expect that HCA Holdings, Inc. will post 6.55 EPS for the current fiscal year.
In other HCA Holdings news, SVP Victor L. Campbell sold 8,000 shares of the stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $75.82, for a total transaction of $606,560.00. Following the transaction, the senior vice president now owns 127,275 shares in the company, valued at $9,649,990.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael S. Cuffe sold 2,150 shares of the stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $79.87, for a total value of $171,720.50. The disclosure for this sale can be found here. Insiders have sold 20,300 shares of company stock worth $1,569,981 in the last quarter. 2.90% of the stock is currently owned by company insiders.
Several analysts have weighed in on HCA shares. Cantor Fitzgerald reiterated a “buy” rating and set a $95.00 price target on shares of HCA Holdings in a research note on Wednesday, September 6th. Mizuho reiterated a “buy” rating and set a $92.00 price target on shares of HCA Holdings in a research note on Wednesday, October 4th. Piper Jaffray Companies reiterated a “buy” rating and set a $92.00 price target on shares of HCA Holdings in a research note on Wednesday, October 4th. ValuEngine upgraded HCA Holdings from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Robert W. Baird restated a “buy” rating on shares of HCA Holdings in a research note on Thursday, September 28th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $90.20.
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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