First Trust Advisors LP Has $34.21 Million Position in HCA Holdings, Inc. (NYSE:HCA)
First Trust Advisors LP boosted its position in shares of HCA Holdings, Inc. (NYSE:HCA) by 44.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 392,305 shares of the company’s stock after buying an additional 120,136 shares during the period. First Trust Advisors LP’s holdings in HCA Holdings were worth $34,209,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Lee Financial Co purchased a new position in HCA Holdings during the second quarter worth $125,000. IFP Advisors Inc boosted its position in HCA Holdings by 9.4% in the first quarter. IFP Advisors Inc now owns 1,605 shares of the company’s stock worth $143,000 after buying an additional 138 shares during the last quarter. Global X Management Co. LLC boosted its position in HCA Holdings by 29.9% in the first quarter. Global X Management Co. LLC now owns 2,162 shares of the company’s stock worth $192,000 after buying an additional 498 shares during the last quarter. Peak Asset Management LLC purchased a new position in HCA Holdings during the first quarter worth $201,000. Finally, Ifrah Financial Services Inc. purchased a new position in HCA Holdings during the first quarter worth $210,000. 75.69% of the stock is owned by institutional investors.
Shares of HCA Holdings, Inc. (NYSE:HCA) opened at 79.52 on Tuesday. The company’s 50-day moving average is $83.37 and its 200 day moving average is $84.38. The firm has a market cap of $28.73 billion, a price-to-earnings ratio of 10.66 and a beta of 0.67. HCA Holdings, Inc. has a 1-year low of $67.00 and a 1-year high of $91.03.
HCA Holdings (NYSE:HCA) last posted its quarterly earnings results on Tuesday, July 25th. The company reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.80 by $0.05. The company had revenue of $10.73 billion during the quarter, compared to analyst estimates of $10.76 billion. HCA Holdings had a negative return on equity of 48.08% and a net margin of 6.64%. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.66 earnings per share. On average, equities research analysts expect that HCA Holdings, Inc. will post $7.17 EPS for the current fiscal year.
A number of equities analysts have weighed in on the stock. Zacks Investment Research cut shares of HCA Holdings from a “buy” rating to a “hold” rating in a research report on Friday, July 14th. BidaskClub cut shares of HCA Holdings from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Citigroup Inc. decreased their price objective on shares of HCA Holdings from $89.00 to $87.00 and set a “neutral” rating for the company in a research report on Wednesday, July 26th. Leerink Swann raised shares of HCA Holdings from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $92.00 to $100.00 in a research report on Tuesday, June 6th. Finally, Cantor Fitzgerald reissued a “buy” rating and issued a $95.00 price objective on shares of HCA Holdings in a research report on Monday, April 17th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the stock. HCA Holdings presently has an average rating of “Buy” and an average target price of $93.06.
In other HCA Holdings news, SVP Jana Joustra Davis sold 54,689 shares of the firm’s stock in a transaction on Tuesday, May 23rd. The shares were sold at an average price of $82.35, for a total value of $4,503,639.15. Following the sale, the senior vice president now directly owns 107,892 shares in the company, valued at approximately $8,884,906.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Sandra L. Morgan sold 5,915 shares of the firm’s stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $82.74, for a total transaction of $489,407.10. Following the completion of the sale, the senior vice president now owns 2,420 shares in the company, valued at $200,230.80. The disclosure for this sale can be found here. Insiders sold a total of 135,967 shares of company stock worth $11,472,759 over the last 90 days. Company insiders own 2.90% of the company’s stock.
About HCA Holdings
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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