Patton Fund Management Inc. decreased its holdings in shares of HCA Healthcare, Inc. (NYSE:HCA – Free Report) by 63.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,121 shares of the company’s stock after selling 10,609 shares during the quarter. Patton Fund Management Inc.’s holdings in HCA Healthcare were worth $2,897,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Patriot Financial Group Insurance Agency LLC bought a new stake in shares of HCA Healthcare in the 1st quarter worth approximately $289,000. Janney Montgomery Scott LLC increased its position in HCA Healthcare by 3.3% in the first quarter. Janney Montgomery Scott LLC now owns 17,982 shares of the company’s stock worth $8,510,000 after buying an additional 575 shares during the period. Pictet Asset Management Holding SA grew its position in shares of HCA Healthcare by 31.9% during the first quarter. Pictet Asset Management Holding SA now owns 161,028 shares of the company’s stock worth $76,180,000 after acquiring an additional 38,961 shares during the last quarter. Union Bancaire Privee UBP SA lifted its position in HCA Healthcare by 21.3% in the 1st quarter. Union Bancaire Privee UBP SA now owns 654 shares of the company’s stock valued at $309,000 after purchasing an additional 115 shares during the last quarter. Finally, Cambient Family Office LLC grew its position in HCA Healthcare by 25.2% in the 1st quarter. Cambient Family Office LLC now owns 622 shares of the company’s stock worth $294,000 after purchasing an additional 125 shares during the last quarter. 62.73% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities analysts have recently issued reports on HCA shares. KeyCorp reduced their price objective on HCA Healthcare from $550.00 to $510.00 and set an “overweight” rating for the company in a research report on Monday, April 27th. Argus lowered their price target on HCA Healthcare from $560.00 to $500.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of HCA Healthcare in a report on Wednesday, March 4th. Robert W. Baird dropped their price target on shares of HCA Healthcare from $450.00 to $442.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 15th. Finally, Sanford C. Bernstein decreased their price objective on shares of HCA Healthcare from $503.00 to $413.00 and set a “market perform” rating for the company in a report on Thursday, June 4th. Fifteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, HCA Healthcare presently has an average rating of “Moderate Buy” and an average target price of $503.00.
HCA Healthcare Stock Up 0.1%
NYSE:HCA opened at $391.96 on Monday. HCA Healthcare, Inc. has a 52-week low of $330.00 and a 52-week high of $556.52. The firm has a market cap of $86.95 billion, a P/E ratio of 13.48, a PEG ratio of 1.24 and a beta of 1.12. The business’s 50-day moving average price is $408.56 and its 200 day moving average price is $465.19.
HCA Healthcare (NYSE:HCA – Get Free Report) last announced its quarterly earnings data on Friday, April 24th. The company reported $7.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.19 by ($0.04). The business had revenue of $19.11 billion during the quarter, compared to analyst estimates of $19.09 billion. HCA Healthcare had a negative return on equity of 295.93% and a net margin of 8.89%.The business’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm earned $6.45 EPS. HCA Healthcare has set its FY 2026 guidance at 29.100-31.500 EPS. Sell-side analysts expect that HCA Healthcare, Inc. will post 30.07 EPS for the current year.
HCA Healthcare Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.78 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $3.12 annualized dividend and a dividend yield of 0.8%. HCA Healthcare’s dividend payout ratio (DPR) is currently 10.73%.
HCA Healthcare Profile
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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