California Public Employees Retirement System raised its holdings in shares of HCA Healthcare, Inc. (NYSE:HCA – Free Report) by 5.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 378,879 shares of the company’s stock after buying an additional 20,119 shares during the period. California Public Employees Retirement System’s holdings in HCA Healthcare were worth $179,301,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Atlas Wealth LLC bought a new stake in shares of HCA Healthcare during the first quarter worth $2,219,000. Gryphon Financial Partners LLC increased its stake in HCA Healthcare by 12.6% in the 1st quarter. Gryphon Financial Partners LLC now owns 1,557 shares of the company’s stock worth $737,000 after buying an additional 174 shares during the period. Assetmark Inc. boosted its position in HCA Healthcare by 51.8% in the 1st quarter. Assetmark Inc. now owns 32,701 shares of the company’s stock valued at $15,476,000 after buying an additional 11,153 shares during the period. Gallacher Capital Management LLC increased its position in shares of HCA Healthcare by 89.7% during the first quarter. Gallacher Capital Management LLC now owns 2,760 shares of the company’s stock worth $1,306,000 after acquiring an additional 1,305 shares during the period. Finally, Angeles Wealth Management LLC raised its stake in shares of HCA Healthcare by 4.4% during the first quarter. Angeles Wealth Management LLC now owns 2,994 shares of the company’s stock valued at $1,417,000 after acquiring an additional 127 shares in the last quarter. Hedge funds and other institutional investors own 62.73% of the company’s stock.
Wall Street Analyst Weigh In
HCA has been the topic of several research reports. Oppenheimer reduced their price objective on HCA Healthcare from $540.00 to $520.00 and set an “outperform” rating on the stock in a report on Monday, April 27th. Sanford C. Bernstein restated a “market perform” rating on shares of HCA Healthcare in a research note on Wednesday. Weiss Ratings lowered shares of HCA Healthcare from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. Stephens cut their target price on shares of HCA Healthcare from $560.00 to $530.00 and set an “overweight” rating on the stock in a research report on Monday, April 27th. Finally, Truist Financial set a $413.00 price objective on shares of HCA Healthcare in a research note on Thursday, June 4th. Fourteen equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, HCA Healthcare has an average rating of “Moderate Buy” and an average price target of $486.14.
HCA Healthcare Stock Down 3.7%
Shares of HCA Healthcare stock opened at $371.60 on Friday. HCA Healthcare, Inc. has a 52-week low of $330.00 and a 52-week high of $556.52. The firm’s 50 day moving average price is $392.25 and its 200-day moving average price is $457.05. The company has a market cap of $82.44 billion, a P/E ratio of 12.78, a PEG ratio of 1.23 and a beta of 1.12.
HCA Healthcare (NYSE:HCA – Get Free Report) last announced its earnings results on Friday, April 24th. The company reported $7.15 earnings per share for the quarter, missing the consensus estimate of $7.19 by ($0.04). HCA Healthcare had a net margin of 8.89% and a negative return on equity of 295.93%. The firm had revenue of $19.11 billion during the quarter, compared to analyst estimates of $19.09 billion. During the same quarter last year, the business earned $6.45 earnings per share. HCA Healthcare’s revenue was up 4.3% on a year-over-year basis. HCA Healthcare has set its FY 2026 guidance at 29.100-31.500 EPS. As a group, equities research analysts forecast that HCA Healthcare, Inc. will post 29.73 EPS for the current fiscal year.
HCA Healthcare Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were paid a $0.78 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $3.12 dividend on an annualized basis and a yield of 0.8%. HCA Healthcare’s dividend payout ratio (DPR) is 10.73%.
About HCA Healthcare
HCA Healthcare is a for‑profit operator of healthcare facilities headquartered in Nashville, Tennessee. Founded in 1968, the company owns and operates a network of hospitals and related healthcare facilities and has grown through organic expansion and acquisitions to become a large provider of inpatient and outpatient services.
The company’s core activities include the operation of acute care hospitals, freestanding surgical and emergency centers, and outpatient clinics. HCA’s services encompass inpatient care, surgical services, emergency medicine, diagnostic imaging and laboratory testing, and various outpatient and ambulatory care offerings.
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