Public Employees Retirement System of Ohio lessened its stake in shares of HCA Healthcare Inc (NYSE:HCA) by 0.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 198,898 shares of the company’s stock after selling 498 shares during the period. Public Employees Retirement System of Ohio’s holdings in HCA Healthcare were worth $24,753,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Panagora Asset Management Inc. grew its stake in HCA Healthcare by 44.0% during the 3rd quarter. Panagora Asset Management Inc. now owns 36,733 shares of the company’s stock valued at $5,110,000 after acquiring an additional 11,216 shares in the last quarter. Cozad Asset Management Inc. grew its stake in HCA Healthcare by 18.8% during the 4th quarter. Cozad Asset Management Inc. now owns 21,368 shares of the company’s stock valued at $2,659,000 after acquiring an additional 3,375 shares in the last quarter. State of Alaska Department of Revenue grew its stake in HCA Healthcare by 8.0% during the 4th quarter. State of Alaska Department of Revenue now owns 47,660 shares of the company’s stock valued at $5,928,000 after acquiring an additional 3,549 shares in the last quarter. Pinnacle Financial Partners Inc. grew its stake in HCA Healthcare by 4.3% during the 4th quarter. Pinnacle Financial Partners Inc. now owns 96,954 shares of the company’s stock valued at $12,065,000 after acquiring an additional 4,023 shares in the last quarter. Finally, National Pension Service grew its stake in HCA Healthcare by 7.6% during the 4th quarter. National Pension Service now owns 314,073 shares of the company’s stock valued at $44,667,000 after acquiring an additional 22,175 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Shares of HCA Healthcare stock opened at $129.49 on Wednesday. The company has a market cap of $44.57 billion, a price-to-earnings ratio of 13.25, a P/E/G ratio of 1.10 and a beta of 0.80. HCA Healthcare Inc has a 12-month low of $93.03 and a 12-month high of $147.42.

HCA Healthcare (NYSE:HCA) last announced its earnings results on Tuesday, January 29th. The company reported $2.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.40. The firm had revenue of $12.27 billion during the quarter, compared to analysts’ expectations of $12.10 billion. HCA Healthcare had a negative return on equity of 91.25% and a net margin of 8.11%. The company’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.12 earnings per share. On average, equities analysts forecast that HCA Healthcare Inc will post 10.03 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 1st will be issued a dividend of $0.40 per share. The ex-dividend date is Thursday, February 28th. This is a positive change from HCA Healthcare’s previous quarterly dividend of $0.35. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.24%. HCA Healthcare’s payout ratio is 16.38%.

HCA has been the topic of several research analyst reports. Zacks Investment Research cut HCA Healthcare from a “buy” rating to a “hold” rating in a research note on Tuesday, November 27th. Deutsche Bank initiated coverage on HCA Healthcare in a research note on Thursday, January 3rd. They issued a “buy” rating and a $140.00 price target for the company. Stephens initiated coverage on HCA Healthcare in a research note on Monday, January 14th. They issued an “overweight” rating and a $143.00 price target for the company. Leerink Swann boosted their price target on HCA Healthcare from $160.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, January 30th. Finally, SunTrust Banks boosted their price target on HCA Healthcare to $175.00 and gave the company a “buy” rating in a research note on Wednesday, January 30th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and seventeen have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $148.43.

In other news, SVP Deborah M. Reiner sold 523 shares of the company’s stock in a transaction that occurred on Thursday, January 31st. The stock was sold at an average price of $138.89, for a total transaction of $72,639.47. Following the completion of the transaction, the senior vice president now directly owns 4,927 shares in the company, valued at $684,311.03. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Bill B. Rutherford sold 37,500 shares of the company’s stock in a transaction that occurred on Tuesday, February 12th. The stock was sold at an average price of $139.65, for a total value of $5,236,875.00. Following the transaction, the chief financial officer now owns 58,972 shares of the company’s stock, valued at $8,235,439.80. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 78,476 shares of company stock valued at $10,940,008. Corporate insiders own 2.70% of the company’s stock.

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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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