HCA Healthcare, Inc. $HCA Shares Sold by Rathbones Group PLC

Rathbones Group PLC trimmed its holdings in HCA Healthcare, Inc. (NYSE:HCA) by 5.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,447 shares of the company’s stock after selling 2,324 shares during the quarter. Rathbones Group PLC’s holdings in HCA Healthcare were worth $17,721,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Palisade Asset Management LLC acquired a new stake in shares of HCA Healthcare in the 3rd quarter worth approximately $26,000. Ares Financial Consulting LLC acquired a new stake in HCA Healthcare in the fourth quarter worth approximately $31,000. Cedar Mountain Advisors LLC acquired a new position in shares of HCA Healthcare during the 1st quarter valued at $33,000. JPL Wealth Management LLC bought a new position in HCA Healthcare during the third quarter valued at about $33,000. Finally, MCF Advisors LLC raised its position in HCA Healthcare by 213.0% in the fourth quarter. MCF Advisors LLC now owns 72 shares of the company’s stock worth $34,000 after acquiring an additional 49 shares in the last quarter. 62.73% of the stock is owned by institutional investors and hedge funds.

HCA Healthcare Trading Up 0.9%

NYSE:HCA opened at $406.07 on Tuesday. HCA Healthcare, Inc. has a 1-year low of $353.99 and a 1-year high of $556.52. The firm has a market capitalization of $87.92 billion, a price-to-earnings ratio of 13.59, a PEG ratio of 1.40 and a beta of 1.12. The business’s fifty day moving average price is $387.29 and its 200 day moving average price is $450.48.

HCA Healthcare (NYSE:HCA) last released its earnings results on Friday, July 24th. The company reported $7.59 earnings per share for the quarter, beating the consensus estimate of $7.56 by $0.03. The company had revenue of $20.23 billion for the quarter, compared to analysts’ expectations of $19.76 billion. HCA Healthcare had a negative return on equity of 244.79% and a net margin of 8.77%.The business’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $6.84 EPS. Equities analysts forecast that HCA Healthcare, Inc. will post 29.45 earnings per share for the current year.

HCA Healthcare Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a $0.78 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 0.8%. HCA Healthcare’s dividend payout ratio is 10.45%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on HCA. Raymond James Financial set a $528.00 price objective on shares of HCA Healthcare in a research note on Tuesday, July 7th. Mizuho decreased their price target on shares of HCA Healthcare from $525.00 to $475.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 28th. Oppenheimer reduced their price objective on HCA Healthcare from $520.00 to $485.00 and set an “outperform” rating for the company in a research note on Monday, July 27th. JPMorgan Chase & Co. reduced their target price on HCA Healthcare from $535.00 to $490.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Finally, Cantor Fitzgerald dropped their price target on HCA Healthcare from $588.00 to $525.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 7th. Fourteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, HCA Healthcare has a consensus rating of “Moderate Buy” and an average price target of $465.59.

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.