Dorsey Wright & Associates bought a new stake in HCA Healthcare Inc (NYSE:HCA) during the first quarter, Holdings Channel reports. The firm bought 11,460 shares of the company’s stock, valued at approximately $1,494,000.

Other large investors also recently added to or reduced their stakes in the company. Panagora Asset Management Inc. increased its position in shares of HCA Healthcare by 44.0% in the third quarter. Panagora Asset Management Inc. now owns 36,733 shares of the company’s stock valued at $5,110,000 after acquiring an additional 11,216 shares during the last quarter. Cozad Asset Management Inc. increased its position in shares of HCA Healthcare by 18.8% in the fourth quarter. Cozad Asset Management Inc. now owns 21,368 shares of the company’s stock valued at $2,659,000 after acquiring an additional 3,375 shares during the last quarter. State of Alaska Department of Revenue increased its position in shares of HCA Healthcare by 8.0% in the fourth quarter. State of Alaska Department of Revenue now owns 47,660 shares of the company’s stock valued at $5,928,000 after acquiring an additional 3,549 shares during the last quarter. Pinnacle Financial Partners Inc. increased its position in shares of HCA Healthcare by 4.3% in the fourth quarter. Pinnacle Financial Partners Inc. now owns 96,954 shares of the company’s stock valued at $12,065,000 after acquiring an additional 4,023 shares during the last quarter. Finally, National Pension Service increased its position in shares of HCA Healthcare by 7.6% in the fourth quarter. National Pension Service now owns 314,073 shares of the company’s stock valued at $44,667,000 after acquiring an additional 22,175 shares during the last quarter. 71.38% of the stock is currently owned by institutional investors and hedge funds.

In other news, SVP Victor L. Campbell sold 28,084 shares of the business’s stock in a transaction that occurred on Monday, February 11th. The stock was sold at an average price of $138.97, for a total transaction of $3,902,833.48. Following the completion of the sale, the senior vice president now owns 231,493 shares in the company, valued at $32,170,582.21. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP J William Morrow sold 263 shares of the business’s stock in a transaction that occurred on Thursday, February 7th. The stock was sold at an average price of $140.60, for a total value of $36,977.80. Following the sale, the senior vice president now owns 5,922 shares of the company’s stock, valued at approximately $832,633.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 78,476 shares of company stock valued at $10,940,008. Corporate insiders own 2.70% of the company’s stock.

A number of research firms recently issued reports on HCA. ValuEngine downgraded HCA Healthcare from a “buy” rating to a “hold” rating in a research report on Wednesday, March 6th. Oppenheimer lifted their target price on HCA Healthcare from $142.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, January 30th. SunTrust Banks boosted their price target on HCA Healthcare to $175.00 and gave the stock a “buy” rating in a research report on Wednesday, January 30th. Leerink Swann boosted their price target on HCA Healthcare from $160.00 to $175.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 30th. Finally, Stephens initiated coverage on HCA Healthcare in a research report on Monday, January 14th. They set an “overweight” rating and a $143.00 price target on the stock. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and seventeen have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $148.43.

Shares of NYSE HCA opened at $132.35 on Friday. HCA Healthcare Inc has a twelve month low of $93.03 and a twelve month high of $147.42. The company has a market cap of $45.07 billion, a price-to-earnings ratio of 13.55, a price-to-earnings-growth ratio of 1.09 and a beta of 0.78.

HCA Healthcare (NYSE:HCA) last issued its quarterly earnings data on Tuesday, January 29th. The company reported $2.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.40. HCA Healthcare had a negative return on equity of 91.25% and a net margin of 8.11%. The company had revenue of $12.27 billion during the quarter, compared to analysts’ expectations of $12.10 billion. During the same quarter in the previous year, the company posted $2.12 earnings per share. The business’s revenue was up 6.2% on a year-over-year basis. Equities analysts forecast that HCA Healthcare Inc will post 10.03 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 1st were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date of this dividend was Thursday, February 28th. This is a boost from HCA Healthcare’s previous quarterly dividend of $0.35. HCA Healthcare’s payout ratio is currently 16.38%.

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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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