HCA Holdings, Inc. (HCA) Now Covered by William Blair
Research analysts at William Blair started coverage on shares of HCA Holdings, Inc. (NYSE:HCA) in a research report issued on Tuesday. The brokerage set a “market perform” rating on the stock.
A number of other equities research analysts have also recently weighed in on the company. ValuEngine cut HCA Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, September 7th. KeyCorp restated an “overweight” rating and issued a $90.00 price target (down previously from $95.00) on shares of HCA Holdings in a research note on Thursday, October 19th. Cantor Fitzgerald restated a “buy” rating and issued a $90.00 price target on shares of HCA Holdings in a research note on Tuesday, October 31st. Zacks Investment Research cut HCA Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Finally, Raymond James Financial, Inc. cut HCA Holdings from a “strong-buy” rating to a “market perform” rating in a research report on Wednesday, October 18th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and seventeen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $90.20.
Shares of HCA Holdings (HCA) opened at $77.07 on Tuesday. HCA Holdings has a 12 month low of $69.18 and a 12 month high of $91.03. The stock has a market capitalization of $26,869.04, a P/E ratio of 11.52, a PEG ratio of 1.12 and a beta of 0.50. The company has a debt-to-equity ratio of -6.46, a quick ratio of 1.41 and a current ratio of 1.68.
HCA Holdings (NYSE:HCA) last posted its quarterly earnings results on Tuesday, October 31st. The company reported $1.21 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.21. HCA Holdings had a negative return on equity of 47.16% and a net margin of 6.13%. The business had revenue of $10.70 billion for the quarter, compared to analysts’ expectations of $10.70 billion. During the same quarter in the prior year, the business earned $1.45 EPS. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. research analysts forecast that HCA Holdings will post 6.55 earnings per share for the current year.
In other HCA Holdings news, SVP Victor L. Campbell sold 8,000 shares of the stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $75.82, for a total value of $606,560.00. Following the completion of the transaction, the senior vice president now directly owns 127,275 shares in the company, valued at $9,649,990.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael S. Cuffe sold 2,150 shares of the stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $79.87, for a total value of $171,720.50. The disclosure for this sale can be found here. Insiders sold 20,300 shares of company stock valued at $1,569,981 over the last quarter. Corporate insiders own 2.90% of the company’s stock.
A number of institutional investors have recently bought and sold shares of HCA. Strs Ohio raised its position in shares of HCA Holdings by 12.2% during the third quarter. Strs Ohio now owns 1,075,778 shares of the company’s stock worth $85,621,000 after acquiring an additional 117,000 shares during the last quarter. Accident Compensation Corp raised its position in shares of HCA Holdings by 4.8% during the second quarter. Accident Compensation Corp now owns 43,793 shares of the company’s stock worth $3,819,000 after acquiring an additional 2,000 shares during the last quarter. Micawber Capital LLC raised its position in shares of HCA Holdings by 31.3% during the third quarter. Micawber Capital LLC now owns 34,461 shares of the company’s stock worth $2,743,000 after acquiring an additional 8,205 shares during the last quarter. Delta Lloyd Asset Management N.V. bought a new position in shares of HCA Holdings during the second quarter worth about $3,823,000. Finally, CIBC World Markets Inc. raised its position in shares of HCA Holdings by 20.2% during the second quarter. CIBC World Markets Inc. now owns 279,121 shares of the company’s stock worth $24,339,000 after acquiring an additional 46,953 shares during the last quarter. Hedge funds and other institutional investors own 74.63% of the company’s stock.
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.
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