DekaBank Deutsche Girozentrale Purchases 25,538 Shares of HCA Holdings, Inc. (NYSE:HCA)
DekaBank Deutsche Girozentrale boosted its position in HCA Holdings, Inc. (NYSE:HCA) by 12.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 228,462 shares of the company’s stock after buying an additional 25,538 shares during the period. DekaBank Deutsche Girozentrale’s holdings in HCA Holdings were worth $19,942,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its stake in HCA Holdings by 0.4% in the second quarter. Janney Montgomery Scott LLC now owns 3,174 shares of the company’s stock worth $277,000 after buying an additional 14 shares during the last quarter. Advisor Partners LLC increased its stake in HCA Holdings by 0.3% in the second quarter. Advisor Partners LLC now owns 4,732 shares of the company’s stock worth $413,000 after buying an additional 14 shares during the last quarter. Wetherby Asset Management Inc. increased its stake in HCA Holdings by 0.6% in the second quarter. Wetherby Asset Management Inc. now owns 4,232 shares of the company’s stock worth $369,000 after buying an additional 25 shares during the last quarter. Boston Advisors LLC increased its stake in HCA Holdings by 0.6% in the first quarter. Boston Advisors LLC now owns 6,212 shares of the company’s stock worth $553,000 after buying an additional 37 shares during the last quarter. Finally, Capstone Asset Management Co. increased its stake in HCA Holdings by 1.1% in the first quarter. Capstone Asset Management Co. now owns 7,083 shares of the company’s stock worth $630,000 after buying an additional 80 shares during the last quarter. Institutional investors own 74.54% of the company’s stock.
Shares of HCA Holdings, Inc. (NYSE HCA) opened at 79.37 on Friday. HCA Holdings, Inc. has a one year low of $67.00 and a one year high of $91.03. The firm has a 50 day moving average price of $83.56 and a 200 day moving average price of $84.33. The company has a market capitalization of $28.67 billion, a P/E ratio of 10.64 and a beta of 0.67.
HCA Holdings (NYSE:HCA) last issued its earnings results on Tuesday, July 25th. The company reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.80 by $0.05. HCA Holdings had a net margin of 6.64% and a negative return on equity of 48.08%. The firm had revenue of $10.73 billion during the quarter, compared to the consensus estimate of $10.76 billion. During the same period in the previous year, the firm earned $1.66 earnings per share. The business’s quarterly revenue was up 4.0% on a year-over-year basis. On average, equities research analysts predict that HCA Holdings, Inc. will post $7.17 EPS for the current fiscal year.
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A number of research firms recently commented on HCA. BidaskClub downgraded HCA Holdings from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Zacks Investment Research downgraded HCA Holdings from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Citigroup Inc. dropped their price objective on HCA Holdings from $89.00 to $87.00 and set a “neutral” rating for the company in a report on Wednesday, July 26th. Morgan Stanley reiterated an “equal weight” rating and issued a $88.00 price objective (down previously from $90.00) on shares of HCA Holdings in a report on Wednesday, July 26th. Finally, Bank of America Corporation downgraded HCA Holdings from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $102.00 to $92.00 in a report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $93.50.
In other news, insider Jonathan B. Perlin sold 71,063 shares of the business’s stock in a transaction that occurred on Thursday, June 22nd. The stock was sold at an average price of $86.00, for a total value of $6,111,418.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Michael S. Cuffe sold 2,150 shares of the business’s stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $84.52, for a total value of $181,718.00. Following the completion of the transaction, the insider now owns 12,254 shares in the company, valued at approximately $1,035,708.08. The disclosure for this sale can be found here. Insiders have sold a total of 138,117 shares of company stock valued at $11,654,477 over the last three months. Corporate insiders own 2.90% 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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