HCA Holdings, Inc. (HCA) Given Buy Rating at Mizuho
A number of other research analysts have also commented on the company. ValuEngine lowered HCA Holdings from a buy rating to a hold rating in a research note on Thursday, September 7th. Argus started coverage on HCA Holdings in a research report on Wednesday, June 28th. They issued a buy rating and a $100.00 price target on the stock. KeyCorp reiterated a buy rating and issued a $95.00 price target on shares of HCA Holdings in a research report on Thursday, September 7th. BidaskClub cut HCA Holdings from a hold rating to a sell rating in a research report on Monday, July 24th. Finally, Bank of America Corporation cut HCA Holdings from a buy rating to a neutral rating and lowered their price target for the company from $102.00 to $92.00 in a research report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have assigned a buy rating to the stock. HCA Holdings has an average rating of Buy and a consensus price target of $93.19.
HCA Holdings (NYSE:HCA) opened at 76.64 on Wednesday. The firm has a 50-day moving average of $78.21 and a 200-day moving average of $82.64. HCA Holdings has a 12-month low of $67.00 and a 12-month high of $91.03. The firm has a market cap of $27.69 billion, a P/E ratio of 10.27 and a beta of 0.62.
HCA Holdings (NYSE:HCA) last issued its earnings results on Tuesday, July 25th. The company reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.80 by ($0.05). The firm had revenue of $10.73 billion during the quarter, compared to analyst estimates of $10.76 billion. HCA Holdings had a net margin of 6.64% and a negative return on equity of 48.08%. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.66 earnings per share. On average, analysts expect that HCA Holdings will post $7.18 EPS for the current year.
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In other news, insider Michael S. Cuffe sold 2,150 shares of the stock in a transaction on Monday, July 17th. The stock was sold at an average price of $86.44, for a total transaction of $185,846.00. Following the sale, the insider now owns 12,363 shares in the company, valued at $1,068,657.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 6,450 shares of company stock worth $529,309 in the last 90 days. Company insiders own 2.90% of the company’s stock.
Hedge funds have recently made changes to their positions in the company. Gotham Asset Management LLC grew its holdings in shares of HCA Holdings by 178.5% during the first quarter. Gotham Asset Management LLC now owns 325,689 shares of the company’s stock worth $28,983,000 after purchasing an additional 208,745 shares during the last quarter. Accident Compensation Corp grew its holdings in shares of HCA Holdings by 4.8% during the second quarter. Accident Compensation Corp now owns 43,793 shares of the company’s stock worth $3,819,000 after purchasing an additional 2,000 shares during the last quarter. Delta Lloyd Asset Management N.V. bought a new stake in shares of HCA Holdings during the second quarter worth $3,823,000. OLD Mutual Customised Solutions Proprietary Ltd. grew its holdings in shares of HCA Holdings by 33.4% during the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 7,470 shares of the company’s stock worth $665,000 after purchasing an additional 1,870 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC grew its holdings in shares of HCA Holdings by 1,229.5% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 775,914 shares of the company’s stock worth $59,753,000 after purchasing an additional 717,551 shares during the last quarter. Institutional investors own 73.77% of the company’s stock.
HCA Holdings Company Profile
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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