New York State Common Retirement Fund Has $100.87 Million Stake in HCA Holdings, Inc. (HCA)
New York State Common Retirement Fund lifted its holdings in shares of HCA Holdings, Inc. (NYSE:HCA) by 17.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,267,303 shares of the company’s stock after buying an additional 188,915 shares during the quarter. New York State Common Retirement Fund owned about 0.35% of HCA worth $100,865,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of the company. Vanguard Group Inc. grew its position in shares of HCA by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 19,718,250 shares of the company’s stock worth $1,719,431,000 after buying an additional 141,258 shares during the period. Glenview Capital Management LLC grew its holdings in HCA by 2.6% during the second quarter. Glenview Capital Management LLC now owns 14,899,289 shares of the company’s stock valued at $1,299,218,000 after purchasing an additional 384,024 shares during the period. Longview Partners Guernsey LTD grew its holdings in HCA by 22.6% during the third quarter. Longview Partners Guernsey LTD now owns 11,135,155 shares of the company’s stock valued at $886,247,000 after purchasing an additional 2,053,701 shares during the period. LSV Asset Management grew its holdings in HCA by 5.5% during the second quarter. LSV Asset Management now owns 3,907,939 shares of the company’s stock valued at $340,772,000 after purchasing an additional 203,290 shares during the period. Finally, APG Asset Management N.V. grew its holdings in HCA by 141.4% during the third quarter. APG Asset Management N.V. now owns 3,423,381 shares of the company’s stock valued at $272,467,000 after purchasing an additional 2,005,193 shares during the period. Institutional investors own 75.35% of the company’s stock.
Shares of HCA Holdings, Inc. (NYSE HCA) traded down $0.95 on Friday, reaching $84.05. 3,490,000 shares of the company’s stock were exchanged, compared to its average volume of 2,295,764. The company has a debt-to-equity ratio of -6.46, a quick ratio of 1.41 and a current ratio of 1.68. HCA Holdings, Inc. has a 1 year low of $70.00 and a 1 year high of $91.03. The company has a market capitalization of $29,758.16, a price-to-earnings ratio of 12.75, a P/E/G ratio of 1.23 and a beta of 0.55.
HCA (NYSE:HCA) last announced its quarterly earnings results on Tuesday, October 31st. The company reported $1.21 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.21. HCA had a net margin of 6.13% and a negative return on equity of 47.16%. The firm had revenue of $10.70 billion for the quarter, compared to analyst estimates of $10.70 billion. During the same quarter in the previous year, the firm posted $1.45 earnings per share. The business’s revenue was up 4.1% on a year-over-year basis. research analysts forecast that HCA Holdings, Inc. will post 6.56 EPS for the current year.
A number of research analysts recently issued reports on HCA shares. Robert W. Baird restated a “buy” rating on shares of HCA in a report on Thursday, September 28th. Credit Suisse Group started coverage on shares of HCA in a report on Thursday, November 2nd. They set an “outperform” rating and a $95.00 price objective for the company. Piper Jaffray Companies restated a “buy” rating and set a $92.00 price objective on shares of HCA in a report on Wednesday, October 4th. Cantor Fitzgerald restated a “buy” rating and set a $95.00 price objective on shares of HCA in a report on Friday, October 13th. Finally, Raymond James Financial cut shares of HCA from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, October 18th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eighteen have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $90.20.
In other news, SVP Victor L. Campbell sold 8,000 shares of the business’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $75.82, for a total value of $606,560.00. Following the sale, the senior vice president now owns 127,275 shares of the company’s stock, valued at $9,649,990.50. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Michael S. Cuffe sold 2,150 shares of the business’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of $79.87, for a total transaction of $171,720.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,450 shares of company stock worth $1,737,681. Insiders own 2.90% of the company’s stock.
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.
Receive News & Ratings for HCA Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HCA Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.