Pictet Asset Management Holding SA Grows Stake in HCA Healthcare, Inc. $HCA

Pictet Asset Management Holding SA grew its stake in HCA Healthcare, Inc. (NYSE:HCA) by 31.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 161,028 shares of the company’s stock after purchasing an additional 38,961 shares during the period. Pictet Asset Management Holding SA’s holdings in HCA Healthcare were worth $76,180,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of HCA. Union Bancaire Privee UBP SA increased its position in HCA Healthcare by 21.3% during the first quarter. Union Bancaire Privee UBP SA now owns 654 shares of the company’s stock valued at $309,000 after acquiring an additional 115 shares during the last quarter. Cambient Family Office LLC grew its holdings in HCA Healthcare by 25.2% during the 1st quarter. Cambient Family Office LLC now owns 622 shares of the company’s stock valued at $294,000 after purchasing an additional 125 shares during the last quarter. Merkkuri Wealth Advisors LLC bought a new stake in HCA Healthcare in the first quarter worth about $43,000. Louisiana State Employees Retirement System bought a new position in shares of HCA Healthcare during the first quarter valued at approximately $3,786,000. Finally, Norway Savings Bank lifted its stake in shares of HCA Healthcare by 1.9% during the 1st quarter. Norway Savings Bank now owns 4,656 shares of the company’s stock worth $2,203,000 after acquiring an additional 88 shares during the last quarter. 62.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on HCA shares. KeyCorp decreased their target price on HCA Healthcare from $550.00 to $510.00 and set an “overweight” rating for the company in a research report on Monday, April 27th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $525.00 price target on shares of HCA Healthcare in a research note on Friday, April 24th. Barclays dropped their target price on shares of HCA Healthcare from $551.00 to $496.00 and set an “overweight” rating on the stock in a research note on Monday, April 27th. TD Cowen lowered their price target on HCA Healthcare from $500.00 to $431.00 and set a “buy” rating for the company in a report on Monday, June 22nd. Finally, Leerink Partners reduced their price objective on HCA Healthcare from $573.00 to $500.00 and set an “outperform” rating on the stock in a report on Monday, April 27th. Fifteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $503.00.

HCA Healthcare Stock Performance

Shares of HCA opened at $392.96 on Tuesday. The stock has a market capitalization of $87.17 billion, a PE ratio of 13.51, a PEG ratio of 1.24 and a beta of 1.12. The company has a 50 day moving average price of $406.77 and a 200-day moving average price of $464.51. HCA Healthcare, Inc. has a fifty-two week low of $330.00 and a fifty-two week high of $556.52.

HCA Healthcare (NYSE:HCA) last posted its earnings results on Friday, April 24th. The company reported $7.15 earnings per share for the quarter, missing analysts’ consensus estimates of $7.19 by ($0.04). HCA Healthcare had a negative return on equity of 295.93% and a net margin of 8.89%.The company had revenue of $19.11 billion for the quarter, compared to analysts’ expectations of $19.09 billion. During the same quarter in the prior year, the company earned $6.45 EPS. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. HCA Healthcare has set its FY 2026 guidance at 29.100-31.500 EPS. Equities research analysts forecast that HCA Healthcare, Inc. will post 30.07 EPS for the current year.

HCA Healthcare Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be given a dividend of $0.78 per share. The ex-dividend date of this dividend is Tuesday, June 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 presently 10.73%.

HCA Healthcare Company 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.