Cigna Investments Inc. New decreased its stake in shares of HCA Holdings, Inc. (NYSE:HCA) by 14.3% during the second quarter, Holdings Channel reports. The fund owned 11,309 shares of the company’s stock after selling 1,884 shares during the period. Cigna Investments Inc. New’s holdings in HCA Holdings were worth $986,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in HCA. Janney Montgomery Scott LLC raised its stake in shares of HCA Holdings by 0.4% in the second quarter. Janney Montgomery Scott LLC now owns 3,174 shares of the company’s stock valued at $277,000 after buying an additional 14 shares during the last quarter. Advisor Partners LLC raised its stake in shares of HCA Holdings by 0.3% in the second quarter. Advisor Partners LLC now owns 4,732 shares of the company’s stock valued at $413,000 after buying an additional 14 shares during the last quarter. Boston Advisors LLC raised its stake in shares of HCA Holdings by 0.6% in the first quarter. Boston Advisors LLC now owns 6,212 shares of the company’s stock valued at $553,000 after buying an additional 37 shares during the last quarter. Capstone Asset Management Co. raised its stake in shares of HCA Holdings by 1.1% in the first quarter. Capstone Asset Management Co. now owns 7,083 shares of the company’s stock valued at $630,000 after buying an additional 80 shares during the last quarter. Finally, Louisiana State Employees Retirement System raised its stake in shares of HCA Holdings by 0.6% in the second quarter. Louisiana State Employees Retirement System now owns 17,800 shares of the company’s stock valued at $1,552,000 after buying an additional 100 shares during the last quarter. Institutional investors own 74.54% of the company’s stock.

Shares of HCA Holdings, Inc. (NYSE HCA) opened at 77.81 on Friday. The stock has a market capitalization of $28.11 billion, a P/E ratio of 10.43 and a beta of 0.67. The stock has a 50 day moving average price of $83.76 and a 200 day moving average price of $84.33. HCA Holdings, Inc. has a 52 week low of $67.00 and a 52 week high of $91.03.

HCA Holdings (NYSE:HCA) last issued its quarterly 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. HCA Holdings had a negative return on equity of 48.08% and a net margin of 6.64%. The company had revenue of $10.73 billion during the quarter, compared to the consensus estimate of $10.76 billion. During the same period in the prior year, the firm earned $1.66 earnings per share. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. On average, equities research analysts expect that HCA Holdings, Inc. will post $7.17 EPS for the current year.

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Several equities research analysts recently commented on the company. BidaskClub lowered HCA Holdings from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Zacks Investment Research lowered HCA Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Citigroup Inc. cut their target price on HCA Holdings from $89.00 to $87.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 26th. Morgan Stanley restated an “equal weight” rating and set a $88.00 target price (down previously from $90.00) on shares of HCA Holdings in a research report on Wednesday, July 26th. Finally, Bank of America Corporation lowered HCA Holdings from a “buy” rating to a “neutral” rating and cut their target price for the company from $102.00 to $92.00 in a research report on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $93.50.

In other news, insider Michael S. Cuffe sold 2,150 shares of the business’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $86.44, for a total value of $185,846.00. Following the sale, the insider now directly owns 12,363 shares of the company’s stock, valued at approximately $1,068,657.72. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Jana Joustra Davis sold 54,689 shares of the business’s stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $82.35, for a total value of $4,503,639.15. Following the completion of the sale, the senior vice president now directly owns 107,892 shares in the company, valued at $8,884,906.20. The disclosure for this sale can be found here. Over the last three months, insiders sold 138,117 shares of company stock worth $11,654,477. Insiders own 2.90% 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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Institutional Ownership by Quarter for HCA Holdings (NYSE:HCA)

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