Teacher Retirement System of Texas reduced its stake in HCA Holdings, Inc. (NYSE:HCA) by 19.9% during the first quarter, Holdings Channel reports. The institutional investor owned 717,030 shares of the company’s stock after selling 177,692 shares during the period. Teacher Retirement System of Texas owned about 0.19% of HCA Holdings worth $63,808,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. IFP Advisors Inc raised its stake in HCA Holdings by 9.4% in the first quarter. IFP Advisors Inc now owns 1,605 shares of the company’s stock valued at $143,000 after buying an additional 138 shares in the last quarter. Peak Asset Management LLC bought a new stake in HCA Holdings during the first quarter valued at approximately $201,000. Ifrah Financial Services Inc. bought a new stake in HCA Holdings during the first quarter valued at approximately $210,000. Checchi Capital Advisers LLC bought a new stake in HCA Holdings during the first quarter valued at approximately $213,000. Finally, Greenleaf Trust bought a new stake in HCA Holdings during the first quarter valued at approximately $218,000. Institutional investors and hedge funds own 75.39% of the company’s stock.

Institutional Ownership by Quarter for HCA Holdings (NYSE:HCA)

Shares of HCA Holdings, Inc. (HCA) traded down 0.73% on Friday, reaching $83.41. The company’s stock had a trading volume of 1,915,448 shares. The stock has a market capitalization of $30.60 billion, a P/E ratio of 11.33 and a beta of 0.77. HCA Holdings, Inc. has a 1-year low of $67.00 and a 1-year high of $91.03. The company has a 50 day moving average of $83.38 and a 200 day moving average of $82.02.

HCA Holdings (NYSE:HCA) last posted its earnings results on Tuesday, May 2nd. The company reported $1.74 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.74. The company had revenue of $10.62 billion for the quarter, compared to the consensus estimate of $10.64 billion. HCA Holdings had a negative return on equity of 45.28% and a net margin of 6.70%. HCA Holdings’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.71 earnings per share. Equities research analysts expect that HCA Holdings, Inc. will post $7.37 earnings per share for the current fiscal year.

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HCA has been the topic of a number of recent analyst reports. Deutsche Bank AG initiated coverage on HCA Holdings in a research report on Tuesday, April 4th. They set a “buy” rating and a $103.00 target price on the stock. Zacks Investment Research lowered HCA Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, March 28th. Cantor Fitzgerald reiterated a “buy” rating and set a $95.00 target price on shares of HCA Holdings in a research report on Monday, April 17th. Mizuho upgraded HCA Holdings from a “neutral” rating to a “buy” rating and set a $98.00 target price on the stock in a research report on Monday, March 27th. Finally, BidaskClub upgraded HCA Holdings from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $92.44.

In other news, SVP Jana Joustra Davis sold 8,302 shares of the company’s stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $85.02, for a total value of $705,836.04. Following the sale, the senior vice president now directly owns 36,589 shares in the company, valued at $3,110,796.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael S. Cuffe sold 2,150 shares of the company’s stock in a transaction on Monday, April 17th. The shares were sold at an average price of $85.00, for a total value of $182,750.00. Following the completion of the sale, the insider now owns 12,254 shares in the company, valued at $1,041,590. The disclosure for this sale can be found here. Insiders sold 356,167 shares of company stock worth $29,813,887 over the last 90 days. Company 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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