HCA Healthcare, Inc. $HCA Shares Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in shares of HCA Healthcare, Inc. (NYSE:HCAFree Report) by 4.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 297,300 shares of the company’s stock after purchasing an additional 11,900 shares during the period. HCA Healthcare accounts for about 0.8% of VIRGINIA RETIREMENT SYSTEMS ET Al’s investment portfolio, making the stock its 15th biggest holding. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in HCA Healthcare were worth $126,709,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Ameriflex Group Inc. purchased a new stake in HCA Healthcare during the 2nd quarter worth about $27,000. Chung Wu Investment Group LLC purchased a new stake in shares of HCA Healthcare during the second quarter worth approximately $27,000. Clearstead Trust LLC lifted its stake in HCA Healthcare by 311.8% in the second quarter. Clearstead Trust LLC now owns 70 shares of the company’s stock worth $27,000 after acquiring an additional 53 shares during the last quarter. Harbor Capital Advisors Inc. raised its holdings in shares of HCA Healthcare by 82.9% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 75 shares of the company’s stock valued at $32,000 after purchasing an additional 34 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of HCA Healthcare during the second quarter worth $40,000. 62.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on HCA shares. Morgan Stanley cut HCA Healthcare from an “equal weight” rating to an “underweight” rating and set a $425.00 price objective for the company. in a research report on Monday, December 15th. Cantor Fitzgerald reissued an “overweight” rating on shares of HCA Healthcare in a report on Monday, October 27th. UBS Group lifted their price target on shares of HCA Healthcare from $495.00 to $525.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. KeyCorp raised their price objective on HCA Healthcare from $465.00 to $475.00 and gave the stock an “overweight” rating in a report on Monday, October 27th. Finally, Stephens upped their target price on HCA Healthcare from $450.00 to $500.00 and gave the company an “overweight” rating in a research report on Monday, October 27th. Fourteen research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $479.00.

View Our Latest Stock Analysis on HCA

HCA Healthcare Stock Down 0.2%

NYSE HCA opened at $473.13 on Wednesday. The business’s 50-day moving average price is $477.30 and its 200 day moving average price is $422.24. The firm has a market cap of $107.96 billion, a P/E ratio of 18.29, a P/E/G ratio of 1.40 and a beta of 1.36. HCA Healthcare, Inc. has a 52-week low of $289.98 and a 52-week high of $520.00.

HCA Healthcare (NYSE:HCAGet Free Report) last posted its quarterly earnings data on Friday, October 24th. The company reported $6.96 earnings per share for the quarter, topping analysts’ consensus estimates of $5.64 by $1.32. HCA Healthcare had a negative return on equity of 792.25% and a net margin of 8.53%.The company had revenue of $19.16 billion during the quarter, compared to analysts’ expectations of $18.55 billion. During the same period last year, the firm earned $4.90 EPS. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. HCA Healthcare has set its FY 2025 guidance at 27.000-28.000 EPS. As a group, analysts anticipate that HCA Healthcare, Inc. will post 24.98 earnings per share for the current year.

HCA Healthcare Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Monday, December 15th were issued a $0.72 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.88 annualized dividend and a dividend yield of 0.6%. HCA Healthcare’s payout ratio is presently 11.13%.

Insider Transactions at HCA Healthcare

In related news, EVP Michael R. Mcalevey sold 3,892 shares of the firm’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $473.79, for a total value of $1,843,990.68. Following the completion of the sale, the executive vice president owned 3,487 shares in the company, valued at $1,652,105.73. This trade represents a 52.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.30% of the stock is owned by corporate insiders.

About HCA Healthcare

(Free Report)

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.

See Also

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

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