HCA Healthcare, Inc. $HCA Shares Bought by Chemistry Wealth Management LLC

Chemistry Wealth Management LLC raised its holdings in shares of HCA Healthcare, Inc. (NYSE:HCA) by 613.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 5,096 shares of the company’s stock after purchasing an additional 4,382 shares during the quarter. Chemistry Wealth Management LLC’s holdings in HCA Healthcare were worth $2,175,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of HCA. Sunbelt Securities Inc. raised its holdings in HCA Healthcare by 171.7% during the first quarter. Sunbelt Securities Inc. now owns 6,242 shares of the company’s stock worth $2,954,000 after acquiring an additional 3,945 shares in the last quarter. Sei Investments Co. grew its stake in shares of HCA Healthcare by 27.5% in the first quarter. Sei Investments Co. now owns 467,796 shares of the company’s stock valued at $221,380,000 after acquiring an additional 100,764 shares in the last quarter. SEB Asset Management AB bought a new stake in shares of HCA Healthcare in the first quarter valued at approximately $75,534,000. OP Asset Management Ltd bought a new stake in HCA Healthcare during the first quarter worth about $12,883,000. Finally, Darsana Capital Partners LP boosted its position in shares of HCA Healthcare by 46.7% during the 2nd quarter. Darsana Capital Partners LP now owns 1,100,000 shares of the company’s stock worth $428,879,000 after acquiring an additional 350,000 shares in the last quarter. Institutional investors own 62.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Mizuho lowered their price target on shares of HCA Healthcare from $525.00 to $475.00 and set an “outperform” rating for the company in a report on Tuesday, July 28th. BMO Capital Markets initiated coverage on HCA Healthcare in a report on Tuesday, September 22nd. They set an “outperform” rating and a $495.00 price target on the stock. Wells Fargo & Company lifted their price target on HCA Healthcare from $369.00 to $381.00 and gave the company an “equal weight” rating in a research report on Monday, August 3rd. Jefferies Financial Group set a $450.00 target price on shares of HCA Healthcare in a report on Tuesday, July 14th. Finally, Truist Financial reduced their price target on shares of HCA Healthcare from $535.00 to $495.00 and set a “buy” rating on the stock in a research report on Monday, July 27th. Sixteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $467.61.

HCA Healthcare Stock Down 2.2%

Shares of NYSE:HCA opened at $458.39 on Friday. The firm has a fifty day simple moving average of $426.39 and a two-hundred day simple moving average of $419.27. HCA Healthcare, Inc. has a 52 week low of $353.99 and a 52 week high of $556.52. The stock has a market capitalization of $99.24 billion, a P/E ratio of 15.35, a PEG ratio of 1.58 and a beta of 1.10.

HCA Healthcare (NYSE:HCA) last posted its quarterly earnings data on Friday, July 24th. The company reported $7.59 earnings per share for the quarter, topping analysts’ consensus estimates of $7.56 by $0.03. The company 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 firm’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period in the prior year, the company posted $6.84 EPS. On average, analysts expect that HCA Healthcare, Inc. will post 29.45 earnings per share for the current year.

HCA Healthcare Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were paid a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Wednesday, September 16th. HCA Healthcare’s payout ratio is presently 10.45%.

HCA Healthcare Profile

HCA Healthcare, Inc is a provider of healthcare services in the United States. Through its network of hospitals and other healthcare facilities, the company delivers services including emergency and urgent care, surgery, inpatient and outpatient treatment, women’s and children’s care, cardiology, oncology, orthopedics, and behavioral health services.

HCA Healthcare also operates physician practices, ambulatory surgery centers, freestanding emergency rooms, diagnostic facilities, and other outpatient care sites.