HCA Healthcare, Inc. $HCA Shares Acquired by PensionDanmark Pensionsforsikringsaktieselskab

PensionDanmark Pensionsforsikringsaktieselskab boosted its holdings in HCA Healthcare, Inc. (NYSE:HCA) by 6.9% during the second quarter, HoldingsChannel reports. The fund owned 41,916 shares of the company’s stock after buying an additional 2,700 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in HCA Healthcare were worth $16,343,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of HCA. Palisade Asset Management LLC acquired a new stake in shares of HCA Healthcare during the 3rd quarter worth about $26,000. Ares Financial Consulting LLC purchased a new position in HCA Healthcare during the fourth quarter worth about $31,000. Cedar Mountain Advisors LLC purchased a new stake in shares of HCA Healthcare in the 1st quarter valued at approximately $33,000. JPL Wealth Management LLC purchased a new position in shares of HCA Healthcare during the 3rd quarter worth approximately $33,000. Finally, MCF Advisors LLC raised its position in HCA Healthcare by 213.0% in the fourth quarter. MCF Advisors LLC now owns 72 shares of the company’s stock valued at $34,000 after purchasing an additional 49 shares during the period. Institutional investors and hedge funds own 62.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on HCA. Cantor Fitzgerald dropped their price objective on HCA Healthcare from $588.00 to $525.00 and set an “overweight” rating for the company in a research note on Tuesday, July 7th. Sanford C. Bernstein restated a “market perform” rating on shares of HCA Healthcare in a report on Wednesday, July 15th. UBS Group cut their target price on shares of HCA Healthcare from $635.00 to $579.00 and set a “buy” rating on the stock in a research note on Monday, July 27th. Robert W. Baird decreased their price target on shares of HCA Healthcare from $396.00 to $393.00 and set a “neutral” rating for the company in a research report on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft set a $476.00 price objective on HCA Healthcare in a research report on Monday, July 27th. Fourteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $465.59.

HCA Healthcare Stock Up 1.0%

Shares of HCA Healthcare stock opened at $412.80 on Friday. HCA Healthcare, Inc. has a 52-week low of $353.99 and a 52-week high of $556.52. The company has a market capitalization of $89.37 billion, a P/E ratio of 13.82, a P/E/G ratio of 1.42 and a beta of 1.10. The company has a 50 day moving average of $389.00 and a 200 day moving average of $448.75.

HCA Healthcare (NYSE:HCA) last announced its quarterly earnings data on Friday, July 24th. The company reported $7.59 earnings per share for the quarter, beating analysts’ consensus estimates of $7.56 by $0.03. The business had revenue of $20.23 billion for the quarter, compared to analyst estimates of $19.76 billion. HCA Healthcare had a net margin of 8.77% and a negative return on equity of 244.79%. The company’s revenue was up 8.7% on a year-over-year basis. During the same period last year, the business earned $6.84 EPS. As a group, research analysts anticipate that HCA Healthcare, Inc. will post 29.45 earnings per share for the current fiscal year.

HCA Healthcare Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, September 16th. HCA Healthcare’s dividend payout ratio is currently 10.45%.

About HCA Healthcare

HCA Healthcare is a for‑profit operator of healthcare facilities headquartered in Nashville, Tennessee. Founded in 1968, the company owns and operates a network of hospitals and related healthcare facilities and has grown through organic expansion and acquisitions to become a large provider of inpatient and outpatient services.

The company’s core activities include the operation of acute care hospitals, freestanding surgical and emergency centers, and outpatient clinics. HCA’s services encompass inpatient care, surgical services, emergency medicine, diagnostic imaging and laboratory testing, and various outpatient and ambulatory care offerings.