Brandes Investment Partners LP trimmed its holdings in shares of HCA Healthcare Inc (NYSE:HCA) by 4.4% in the third quarter, Holdings Channel reports. The institutional investor owned 577,476 shares of the company’s stock after selling 26,844 shares during the period. HCA Healthcare makes up about 1.8% of Brandes Investment Partners LP’s holdings, making the stock its 16th largest holding. Brandes Investment Partners LP’s holdings in HCA Healthcare were worth $80,339,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Millennium Management LLC lifted its stake in HCA Healthcare by 32.3% in the 2nd quarter. Millennium Management LLC now owns 1,698,536 shares of the company’s stock valued at $174,270,000 after purchasing an additional 414,877 shares during the last quarter. FMR LLC lifted its stake in HCA Healthcare by 54.9% in the 2nd quarter. FMR LLC now owns 5,488,273 shares of the company’s stock valued at $563,097,000 after purchasing an additional 1,944,961 shares during the last quarter. Highstreet Asset Management Inc. acquired a new stake in HCA Healthcare in the 2nd quarter valued at about $707,000. Stephens Inc. AR acquired a new stake in HCA Healthcare in the 2nd quarter valued at about $1,393,000. Finally, Russell Investments Group Ltd. lifted its stake in HCA Healthcare by 92.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 310,971 shares of the company’s stock valued at $43,172,000 after purchasing an additional 149,465 shares during the last quarter. Institutional investors own 71.97% of the company’s stock.

In other news, SVP Deborah M. Reiner sold 723 shares of the firm’s stock in a transaction that occurred on Monday, November 5th. The shares were sold at an average price of $135.06, for a total transaction of $97,648.38. Following the transaction, the senior vice president now directly owns 6,184 shares of the company’s stock, valued at $835,211.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael S. Cuffe sold 5,196 shares of the firm’s stock in a transaction that occurred on Friday, November 2nd. The stock was sold at an average price of $136.52, for a total transaction of $709,357.92. The disclosure for this sale can be found here. Insiders have sold 16,763 shares of company stock valued at $2,346,147 over the last 90 days. Company insiders own 2.80% of the company’s stock.

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of HCA Healthcare to $151.00 and gave the company an “overweight” rating in a research note on Monday, July 30th. SunTrust Banks raised their target price on shares of HCA Healthcare to $150.00 and gave the company a “positive” rating in a research note on Tuesday, September 4th. Mizuho reiterated a “buy” rating and issued a $145.00 target price on shares of HCA Healthcare in a research note on Thursday, August 2nd. Leerink Swann raised their target price on shares of HCA Healthcare from $125.00 to $140.00 and gave the company an “outperform” rating in a research note on Thursday, July 26th. Finally, Argus raised their target price on shares of HCA Healthcare to $150.00 and gave the company a “buy” rating in a research note on Friday, September 7th. Two analysts have rated the stock with a sell rating, four have given a hold rating and seventeen have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $144.45.

Shares of HCA stock opened at $135.16 on Tuesday. The company has a market cap of $48.28 billion, a price-to-earnings ratio of 20.51, a P/E/G ratio of 1.23 and a beta of 0.48. HCA Healthcare Inc has a 12-month low of $74.26 and a 12-month high of $144.96.

HCA Healthcare (NYSE:HCA) last issued its quarterly earnings data on Tuesday, October 30th. The company reported $2.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.93 by $0.23. The firm had revenue of $11.45 billion during the quarter, compared to the consensus estimate of $11.29 billion. HCA Healthcare had a net margin of 6.82% and a negative return on equity of 73.71%. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period last year, the business posted $1.13 earnings per share. Sell-side analysts anticipate that HCA Healthcare Inc will post 9.35 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Shareholders of record on Monday, December 3rd will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, November 30th. This represents a $1.40 annualized dividend and a yield of 1.04%. HCA Healthcare’s dividend payout ratio (DPR) is presently 21.24%.

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HCA Healthcare Profile

HCA Healthcare, Inc, through its subsidiaries, provides health care services. The company operates general, acute care hospitals that offer medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy services.

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

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