Strs Ohio cut its stake in shares of HCA Healthcare Inc (NYSE:HCA) by 13.2% during the 4th quarter, HoldingsChannel reports. The fund owned 933,862 shares of the company’s stock after selling 141,916 shares during the period. Strs Ohio’s holdings in HCA Healthcare were worth $82,030,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Atlantic Trust LLC acquired a new position in HCA Healthcare during the 2nd quarter worth approximately $118,000. BB&T Investment Services Inc. purchased a new stake in HCA Healthcare during the 2nd quarter worth approximately $141,000. D.A. Davidson & CO. increased its holdings in HCA Healthcare by 37.7% during the 2nd quarter. D.A. Davidson & CO. now owns 1,970 shares of the company’s stock worth $171,000 after purchasing an additional 539 shares during the last quarter. Sun Life Financial INC increased its holdings in HCA Healthcare by 14,742.9% during the 2nd quarter. Sun Life Financial INC now owns 2,078 shares of the company’s stock worth $181,000 after purchasing an additional 2,064 shares during the last quarter. Finally, Massey Quick Simon & CO. LLC purchased a new stake in HCA Healthcare during the 3rd quarter worth approximately $251,000. 75.34% of the stock is currently owned by hedge funds and other institutional investors.

In related news, SVP Victor L. Campbell sold 8,000 shares of the business’s 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 completion of the transaction, the senior vice president now owns 127,275 shares in the company, valued at approximately $9,649,990.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael S. Cuffe sold 2,150 shares of the business’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $78.00, for a total value of $167,700.00. Following the transaction, the insider now owns 12,476 shares of the company’s stock, valued at approximately $973,128. The disclosure for this sale can be found here. Insiders sold a total of 20,550 shares of company stock valued at $1,606,172 over the last quarter. Company insiders own 2.90% of the company’s stock.

HCA has been the topic of several analyst reports. BMO Capital Markets initiated coverage on HCA Healthcare in a report on Monday, October 16th. They set an “outperform” rating and a $90.00 price objective on the stock. ValuEngine upgraded HCA Healthcare from a “hold” rating to a “buy” rating in a report on Thursday, November 30th. Robert W. Baird set a $86.00 price objective on HCA Healthcare and gave the stock a “buy” rating in a report on Thursday, October 19th. Citigroup upgraded HCA Healthcare from a “neutral” rating to a “buy” rating in a report on Tuesday, December 12th. Finally, Goldman Sachs Group initiated coverage on HCA Healthcare in a report on Wednesday, January 3rd. They set a “neutral” rating on the stock. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $88.32.

Shares of HCA Healthcare Inc (NYSE:HCA) traded down $0.15 during midday trading on Tuesday, hitting $92.86. The stock had a trading volume of 1,843,900 shares, compared to its average volume of 2,191,650. HCA Healthcare Inc has a 1-year low of $71.18 and a 1-year high of $93.39. 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 company has a market cap of $33,460.00, a P/E ratio of 13.21, a price-to-earnings-growth ratio of 1.22 and a beta of 0.55.

HCA Healthcare (NYSE:HCA) last issued its quarterly earnings results on Tuesday, October 31st. The company reported $1.21 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.21. HCA Healthcare had a negative return on equity of 47.16% and a net margin of 6.13%. The business had revenue of $10.70 billion during the quarter, compared to the consensus estimate of $10.70 billion. During the same period in the previous year, the business earned $1.45 EPS. The business’s quarterly revenue was up 4.1% on a year-over-year basis. research analysts forecast that HCA Healthcare Inc will post 6.56 EPS for the current year.

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HCA Healthcare 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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Institutional Ownership by Quarter for HCA Healthcare (NYSE:HCA)

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