Investors Sell Shares of HCA (HCA) on Strength (HCA)
Investors sold shares of HCA Holdings, Inc. (NYSE:HCA) on strength during trading hours on Monday. $23.72 million flowed into the stock on the tick-up and $64.01 million flowed out of the stock on the tick-down, for a money net flow of $40.29 million out of the stock. Of all stocks tracked, HCA had the 0th highest net out-flow for the day. HCA traded up $0.13 for the day and closed at $84.97
Several research firms recently weighed in on HCA. ValuEngine raised shares of HCA from a “hold” rating to a “buy” rating in a research note on Thursday, November 30th. J P Morgan Chase & Co raised shares of HCA from a “neutral” rating to an “overweight” rating in a research note on Thursday, November 30th. Mizuho reissued a “buy” rating on shares of HCA in a research note on Friday, October 20th. Piper Jaffray Companies reissued a “buy” rating and issued a $92.00 target price on shares of HCA in a research note on Wednesday, October 4th. Finally, Argus decreased their target price on shares of HCA from $100.00 to $93.00 and set a “buy” rating for the company in a research note on Monday, August 14th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and eighteen have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $90.20.
The stock has a market cap of $30,700.00, a price-to-earnings ratio of 12.87, a PEG ratio of 1.25 and a beta of 0.55. 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 (NYSE:HCA) last announced its quarterly earnings results on Tuesday, October 31st. The company reported $1.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.21. HCA had a negative return on equity of 47.16% and a net margin of 6.13%. The business had revenue of $10.70 billion during the quarter, compared to the consensus estimate of $10.70 billion. During the same quarter last year, the firm posted $1.45 EPS. The company’s quarterly revenue was up 4.1% on a year-over-year basis. analysts anticipate that HCA Holdings, Inc. will post 6.56 EPS for the current year.
In other news, SVP Victor L. Campbell sold 8,000 shares of HCA stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $78.00, for a total transaction of $624,000.00. Following the completion of the sale, the senior vice president now owns 127,275 shares of the company’s stock, valued at $9,927,450. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael S. Cuffe sold 2,150 shares of HCA stock in a transaction on Tuesday, October 17th. The stock was sold at an average price of $78.00, for a total value of $167,700.00. Following the sale, the insider now directly owns 12,476 shares of the company’s stock, valued at approximately $973,128. The disclosure for this sale can be found here. Insiders have sold a total of 22,450 shares of company stock valued at $1,737,681 in the last ninety days. Insiders own 2.90% of the company’s stock.
Several institutional investors and hedge funds have recently bought and sold shares of HCA. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of HCA by 14.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,163 shares of the company’s stock worth $101,000 after buying an additional 143 shares in the last quarter. Bronfman E.L. Rothschild L.P. lifted its holdings in shares of HCA by 35.1% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,232 shares of the company’s stock worth $107,000 after buying an additional 320 shares in the last quarter. Atlantic Trust LLC acquired a new position in HCA in the second quarter valued at about $118,000. Acrospire Investment Management LLC raised its stake in HCA by 14.3% in the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the company’s stock valued at $140,000 after purchasing an additional 200 shares in the last quarter. Finally, BB&T Investment Services Inc. acquired a new position in HCA in the second quarter valued at about $141,000. 75.35% of the stock is owned by institutional investors.
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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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