Miles Capital Inc. decreased its stake in HCA Healthcare Inc (NYSE:HCA) by 6.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,936 shares of the company’s stock after selling 547 shares during the period. HCA Healthcare makes up 0.9% of Miles Capital Inc.’s investment portfolio, making the stock its 24th largest holding. Miles Capital Inc.’s holdings in HCA Healthcare were worth $1,035,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Martingale Asset Management L P raised its position in HCA Healthcare by 4.6% during the first quarter. Martingale Asset Management L P now owns 458,748 shares of the company’s stock worth $59,813,000 after acquiring an additional 20,180 shares during the last quarter. Rational Advisors LLC raised its position in shares of HCA Healthcare by 5,118.2% in the first quarter. Rational Advisors LLC now owns 574 shares of the company’s stock valued at $75,000 after buying an additional 563 shares during the last quarter. Piedmont Investment Advisors Inc. raised its position in shares of HCA Healthcare by 0.8% in the first quarter. Piedmont Investment Advisors Inc. now owns 65,004 shares of the company’s stock valued at $8,475,000 after buying an additional 517 shares during the last quarter. Barings LLC raised its position in shares of HCA Healthcare by 21.9% in the first quarter. Barings LLC now owns 21,040 shares of the company’s stock valued at $2,743,000 after buying an additional 3,780 shares during the last quarter. Finally, Hanseatic Management Services Inc. raised its position in shares of HCA Healthcare by 4.4% in the first quarter. Hanseatic Management Services Inc. now owns 8,621 shares of the company’s stock valued at $1,124,000 after buying an additional 367 shares during the last quarter. Hedge funds and other institutional investors own 71.29% of the company’s stock.

HCA Healthcare stock traded down $0.80 during trading on Thursday, reaching $127.41. The company had a trading volume of 11,879 shares, compared to its average volume of 1,938,884. HCA Healthcare Inc has a 12-month low of $101.30 and a 12-month high of $147.42. The company has a market cap of $43.89 billion, a price-to-earnings ratio of 13.12, a PEG ratio of 1.03 and a beta of 0.75.

HCA Healthcare (NYSE:HCA) last released its quarterly earnings data on Tuesday, April 30th. The company reported $2.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.66. HCA Healthcare had a net margin of 7.71% and a negative return on equity of 112.65%. The company had revenue of $12.52 billion during the quarter, compared to the consensus estimate of $12.34 billion. During the same period in the previous year, the firm earned $3.18 earnings per share. HCA Healthcare’s revenue for the quarter was up 9.6% on a year-over-year basis. As a group, analysts anticipate that HCA Healthcare Inc will post 10.38 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 3rd will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, May 31st. This represents a $1.60 annualized dividend and a yield of 1.26%. HCA Healthcare’s dividend payout ratio is currently 16.38%.

In other HCA Healthcare news, insider Jon M. Foster sold 44,281 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $122.28, for a total transaction of $5,414,680.68. Following the completion of the sale, the insider now directly owns 96,052 shares in the company, valued at $11,745,238.56. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.70% of the stock is owned by insiders.

A number of equities analysts have recently weighed in on HCA shares. SunTrust Banks boosted their price objective on shares of HCA Healthcare to $175.00 and gave the company a “buy” rating in a research report on Wednesday, January 30th. Raymond James raised shares of HCA Healthcare from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $115.00 to $135.00 in a research report on Tuesday, April 23rd. Oppenheimer boosted their price objective on shares of HCA Healthcare from $142.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, January 30th. UBS Group boosted their price objective on shares of HCA Healthcare from $164.00 to $172.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Finally, Leerink Swann boosted their price objective on shares of HCA Healthcare from $160.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday, January 30th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and nineteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $149.41.

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HCA Healthcare Profile

HCA Healthcare, Inc, through its subsidiaries, provides health care services. The company operates general, acute care hospitals that offer medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy services.

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

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