HCA Holdings, Inc. (NYSE:HCA) Shares Sold by Teacher Retirement System of Texas
Teacher Retirement System of Texas reduced its position in HCA Holdings, Inc. (NYSE:HCA) by 2.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 700,644 shares of the company’s stock after selling 16,386 shares during the period. Teacher Retirement System of Texas’ holdings in HCA Holdings were worth $61,096,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. CENTRAL TRUST Co increased its stake in shares of HCA Holdings by 11.9% in the first quarter. CENTRAL TRUST Co now owns 2,820 shares of the company’s stock worth $251,000 after buying an additional 300 shares during the period. Raymond James Trust N.A. increased its stake in shares of HCA Holdings by 26.2% in the first quarter. Raymond James Trust N.A. now owns 3,451 shares of the company’s stock worth $307,000 after buying an additional 716 shares during the period. Capstone Asset Management Co. increased 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 worth $630,000 after buying an additional 80 shares during the period. Fox Run Management L.L.C. increased its stake in shares of HCA Holdings by 78.5% in the first quarter. Fox Run Management L.L.C. now owns 6,068 shares of the company’s stock worth $540,000 after buying an additional 2,668 shares during the period. Finally, Americafirst Capital Management LLC increased its stake in shares of HCA Holdings by 628.8% in the first quarter. Americafirst Capital Management LLC now owns 27,803 shares of the company’s stock worth $2,474,000 after buying an additional 23,988 shares during the period. Institutional investors own 74.54% of the company’s stock.
HCA Holdings, Inc. (NYSE HCA) opened at 77.81 on Friday. The company has a market cap of $28.11 billion, a PE ratio of 10.43 and a beta of 0.67. HCA Holdings, Inc. has a 1-year low of $67.00 and a 1-year high of $91.03. The stock’s 50 day moving average price is $83.76 and its 200-day moving average price is $84.33.
HCA Holdings (NYSE:HCA) last posted its earnings results on Tuesday, July 25th. The company reported $1.75 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.80 by $0.05. HCA Holdings had a net margin of 6.64% and a negative return on equity of 48.08%. The company had revenue of $10.73 billion during the quarter, compared to analyst estimates of $10.76 billion. During the same quarter last year, the business posted $1.66 EPS. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. On average, analysts forecast that HCA Holdings, Inc. will post $7.17 earnings per share for the current year.
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A number of equities research analysts have issued reports on HCA shares. Cantor Fitzgerald restated a “buy” rating and set a $95.00 price objective on shares of HCA Holdings in a research report on Monday, April 17th. Zacks Investment Research downgraded HCA Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, April 18th. Morgan Stanley started coverage on HCA Holdings in a research report on Tuesday, June 6th. They set an “equal weight” rating and a $90.00 price objective on the stock. Leerink Swann upgraded HCA Holdings from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $92.00 to $100.00 in a research report on Tuesday, June 6th. Finally, BidaskClub upgraded HCA Holdings from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 13th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $93.50.
In related news, insider Michael S. Cuffe sold 2,150 shares of HCA Holdings stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $86.44, for a total value of $185,846.00. Following the completion of the sale, the insider now owns 12,363 shares in the company, valued at approximately $1,068,657.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jonathan B. Perlin sold 71,063 shares of HCA Holdings stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of $86.00, for a total transaction of $6,111,418.00. The disclosure for this sale can be found here. Insiders sold a total of 138,117 shares of company stock valued at $11,654,477 in the last quarter. 2.90% of the stock is owned by insiders.
About HCA Holdings
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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