Gareth Morgan Investments Limited Partnership reduced its position in shares of HCA Holdings, Inc. (NYSE:HCA) by 9.7% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,236 shares of the company’s stock after selling 3,134 shares during the quarter. Gareth Morgan Investments Limited Partnership’s holdings in HCA Holdings were worth $2,549,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Gotham Asset Management LLC increased its stake in HCA Holdings by 178.5% during the 1st quarter. Gotham Asset Management LLC now owns 325,689 shares of the company’s stock valued at $28,983,000 after purchasing an additional 208,745 shares in the last quarter. Focused Wealth Management Inc increased its stake in HCA Holdings by 52.6% during the 1st quarter. Focused Wealth Management Inc now owns 2,900 shares of the company’s stock valued at $258,000 after purchasing an additional 1,000 shares in the last quarter. Venturi Wealth Management LLC bought a new stake in HCA Holdings during the 1st quarter valued at about $6,109,000. Brave Asset Management Inc. bought a new stake in HCA Holdings during the 1st quarter valued at about $767,000. Finally, Toronto Dominion Bank increased its stake in HCA Holdings by 44.3% during the 1st quarter. Toronto Dominion Bank now owns 80,875 shares of the company’s stock valued at $7,197,000 after purchasing an additional 24,830 shares in the last quarter. Institutional investors and hedge funds own 73.77% of the company’s stock.

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A number of analysts have weighed in on the stock. Zacks Investment Research lowered shares of HCA Holdings from a “buy” rating to a “hold” rating in a research note on Friday, July 14th. BidaskClub lowered shares of HCA Holdings from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Argus initiated coverage on shares of HCA Holdings in a research note on Wednesday, June 28th. They issued a “buy” rating and a $100.00 price target for the company. Leerink Swann upgraded shares of HCA Holdings from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $92.00 to $100.00 in a research note on Tuesday, June 6th. Finally, Morgan Stanley initiated coverage on shares of HCA Holdings in a research note on Tuesday, June 6th. They issued an “equal weight” rating and a $90.00 price target for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $92.81.

Shares of HCA Holdings, Inc. (NYSE:HCA) traded down 1.51% during mid-day trading on Wednesday, reaching $77.13. 983,579 shares of the company traded hands. HCA Holdings, Inc. has a 52 week low of $67.00 and a 52 week high of $91.03. The firm has a market capitalization of $27.86 billion, a price-to-earnings ratio of 10.34 and a beta of 0.67. The firm has a 50-day moving average price of $79.96 and a 200 day moving average price of $83.93.

HCA Holdings (NYSE:HCA) last issued its quarterly earnings results on Tuesday, July 25th. The company reported $1.75 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.80 by $0.05. HCA Holdings had a negative return on equity of 48.08% and a net margin of 6.64%. The business had revenue of $10.73 billion during the quarter, compared to analyst estimates of $10.76 billion. During the same quarter last year, the company posted $1.66 EPS. HCA Holdings’s quarterly revenue was up 4.0% compared to the same quarter last year. On average, analysts anticipate that HCA Holdings, Inc. will post $7.18 earnings per share for the current year.

In related news, insider Jonathan B. Perlin sold 71,063 shares of the stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of $86.00, for a total value of $6,111,418.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Michael S. Cuffe sold 2,150 shares of the stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $84.86, for a total transaction of $182,449.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 77,513 shares of company stock worth $6,651,455. 2.90% of the stock is owned by corporate insiders.

HCA Holdings Company Profile

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.

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

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