Twin Capital Management Inc. Has $4.16 Million Position in HCA Holdings, Inc. (HCA)
Twin Capital Management Inc. reduced its position in shares of HCA Holdings, Inc. (NYSE:HCA) by 14.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,756 shares of the company’s stock after selling 8,233 shares during the period. Twin Capital Management Inc.’s holdings in HCA Holdings were worth $4,164,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. BlackRock Inc. raised its stake in shares of HCA Holdings by 2,549.4% in the first quarter. BlackRock Inc. now owns 20,099,811 shares of the company’s stock worth $1,788,682,000 after buying an additional 19,341,168 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of HCA Holdings by 1.9% in the first quarter. Vanguard Group Inc. now owns 19,576,992 shares of the company’s stock valued at $1,742,157,000 after buying an additional 361,027 shares in the last quarter. State Street Corp raised its stake in shares of HCA Holdings by 2.2% in the first quarter. State Street Corp now owns 13,217,212 shares of the company’s stock valued at $1,176,199,000 after buying an additional 290,636 shares in the last quarter. Harris Associates L P raised its stake in shares of HCA Holdings by 0.9% in the first quarter. Harris Associates L P now owns 12,214,476 shares of the company’s stock valued at $1,086,966,000 after buying an additional 105,317 shares in the last quarter. Finally, Longview Partners Guernsey LTD raised its stake in shares of HCA Holdings by 4.8% in the second quarter. Longview Partners Guernsey LTD now owns 9,081,454 shares of the company’s stock valued at $791,903,000 after buying an additional 414,598 shares in the last quarter. Institutional investors and hedge funds own 75.69% of the company’s stock.
HCA Holdings, Inc. (HCA) opened at 78.90 on Thursday. The firm has a market cap of $28.50 billion, a price-to-earnings ratio of 10.58 and a beta of 0.67. HCA Holdings, Inc. has a 52-week low of $67.00 and a 52-week high of $91.03. The stock has a 50 day moving average of $81.85 and a 200-day moving average of $84.22.
HCA Holdings (NYSE:HCA) last issued its quarterly earnings data on Tuesday, July 25th. The company reported $1.75 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.80 by $0.05. HCA Holdings had a net margin of 6.64% and a negative return on equity of 48.08%. The business had revenue of $10.73 billion during the quarter, compared to analyst estimates of $10.76 billion. During the same quarter in the prior year, the firm posted $1.66 earnings per share. HCA Holdings’s revenue for the quarter was up 4.0% compared to the same quarter last year. On average, analysts expect that HCA Holdings, Inc. will post $7.17 EPS for the current year.
Several equities research analysts recently commented on HCA shares. Robert W. Baird cut their price target on shares of HCA Holdings from $95.00 to $93.00 and set an “outperform” rating on the stock in a research note on Tuesday. Argus started coverage on shares of HCA Holdings in a research note on Wednesday, June 28th. They set a “buy” rating and a $100.00 price target on the stock. Bank of America Corporation lowered shares of HCA Holdings from a “buy” rating to a “neutral” rating and cut their price target for the stock from $102.00 to $92.00 in a research note on Wednesday, July 26th. BidaskClub lowered shares of HCA Holdings from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Finally, Morgan Stanley started coverage on shares of HCA Holdings in a research note on Tuesday, June 6th. They set an “equal weight” rating and a $90.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $92.88.
In related news, insider Jonathan B. Perlin sold 71,063 shares of the business’s stock in a transaction that occurred on Thursday, June 22nd. The stock was sold at an average price of $86.00, for a total value of $6,111,418.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Michael S. Cuffe sold 2,150 shares of the business’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $86.44, for a total value of $185,846.00. Following the completion of the transaction, the insider now owns 12,363 shares of the company’s stock, valued at $1,068,657.72. The disclosure for this sale can be found here. Insiders sold a total of 77,513 shares of company stock valued at $6,651,455 over the last quarter. 2.90% of the stock is owned by insiders.
About HCA Holdings
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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