18,480 Shares in HCA Healthcare, Inc. $HCA Acquired by SCS Capital Management LLC

SCS Capital Management LLC bought a new stake in shares of HCA Healthcare, Inc. (NYSE:HCA) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 18,480 shares of the company’s stock, valued at approximately $7,205,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sandro Wealth Management LLC acquired a new stake in shares of HCA Healthcare during the 2nd quarter worth approximately $2,584,000. State of Wyoming bought a new stake in HCA Healthcare during the second quarter worth $364,000. S&CO Inc. bought a new position in shares of HCA Healthcare in the 2nd quarter valued at $895,000. GSA Capital Partners LLP bought a new stake in shares of HCA Healthcare during the 2nd quarter worth $959,000. Finally, One Wealth Advisors LLC bought a new position in HCA Healthcare in the second quarter valued at about $830,000. Institutional investors own 62.73% of the company’s stock.

HCA Healthcare Stock Down 0.0%

Shares of HCA Healthcare stock opened at $404.61 on Monday. The stock has a market cap of $87.60 billion, a price-to-earnings ratio of 13.55, a P/E/G ratio of 1.40 and a beta of 1.10. HCA Healthcare, Inc. has a twelve month low of $353.99 and a twelve month high of $556.52. The company’s fifty day moving average is $393.41 and its 200 day moving average is $446.61.

HCA Healthcare (NYSE:HCA) last announced its earnings results on Friday, July 24th. The company reported $7.59 EPS for the quarter, topping the consensus estimate of $7.56 by $0.03. The firm had revenue of $20.23 billion for the quarter, compared to the consensus estimate of $19.76 billion. HCA Healthcare had a negative return on equity of 244.79% and a net margin of 8.77%.The business’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the business earned $6.84 EPS. As a group, equities analysts anticipate that HCA Healthcare, Inc. will post 29.47 earnings per share for the current fiscal year.

HCA Healthcare Announces Dividend

The business 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. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $3.12 annualized dividend and a dividend yield of 0.8%. HCA Healthcare’s dividend payout ratio (DPR) is 10.45%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. UBS Group reduced their price target 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. Leerink Partners cut their target price on shares of HCA Healthcare from $573.00 to $500.00 and set an “outperform” rating on the stock in a research report on Monday, April 27th. Barclays lowered their price target on shares of HCA Healthcare from $402.00 to $387.00 and set an “equal weight” rating for the company in a report on Monday, July 27th. Truist Financial reduced their price objective on HCA Healthcare from $535.00 to $495.00 and set a “buy” rating on the stock in a research report on Monday, July 27th. Finally, Weiss Ratings lowered HCA Healthcare from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. Fourteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, HCA Healthcare has a consensus rating of “Moderate Buy” and an average target price of $465.59.

HCA Healthcare Profile

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.