Financial Strategies Group Inc. Has $5.36 Million Stock Holdings in HCA Healthcare, Inc. (NYSE:HCA)

Financial Strategies Group Inc. grew its holdings in HCA Healthcare, Inc. (NYSE:HCA) by 12.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,289 shares of the company’s stock after purchasing an additional 1,844 shares during the period. HCA Healthcare comprises approximately 1.4% of Financial Strategies Group Inc.’s investment portfolio, making the stock its 22nd biggest holding. Financial Strategies Group Inc.’s holdings in HCA Healthcare were worth $5,357,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in HCA. Sanders Capital LLC grew its stake in shares of HCA Healthcare by 4.2% in the fourth quarter. Sanders Capital LLC now owns 11,404,003 shares of the company’s stock valued at $3,086,836,000 after buying an additional 456,738 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of HCA Healthcare by 1.7% during the fourth quarter. Wellington Management Group LLP now owns 10,186,129 shares of the company’s stock worth $2,757,181,000 after acquiring an additional 170,560 shares during the period. Royal Bank of Canada boosted its stake in HCA Healthcare by 35.7% in the 4th quarter. Royal Bank of Canada now owns 4,503,918 shares of the company’s stock valued at $1,219,121,000 after purchasing an additional 1,183,890 shares during the period. Norges Bank bought a new position in HCA Healthcare during the 4th quarter worth $694,985,000. Finally, Morgan Stanley increased its holdings in shares of HCA Healthcare by 1.4% during the third quarter. Morgan Stanley now owns 2,150,009 shares of the company’s stock worth $528,860,000 after purchasing an additional 30,072 shares during the period. Institutional investors and hedge funds own 62.73% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on HCA. StockNews.com raised shares of HCA Healthcare from a “buy” rating to a “strong-buy” rating in a report on Monday. Deutsche Bank Aktiengesellschaft upped their price target on shares of HCA Healthcare from $359.00 to $375.00 and gave the stock a “buy” rating in a report on Friday. TD Cowen lowered their target price on HCA Healthcare from $371.00 to $360.00 and set a “buy” rating for the company in a report on Tuesday, April 30th. Oppenheimer lifted their target price on shares of HCA Healthcare from $330.00 to $345.00 and gave the stock an “outperform” rating in a research report on Monday, April 29th. Finally, Royal Bank of Canada increased their price objective on HCA Healthcare from $322.00 to $329.00 and gave the company an “outperform” rating in a report on Monday, April 29th. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $326.53.

Insiders Place Their Bets

In related news, SVP Kathryn A. Torres sold 973 shares of the business’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $312.00, for a total transaction of $303,576.00. Following the transaction, the senior vice president now directly owns 22,365 shares in the company, valued at $6,977,880. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, SVP Kathryn A. Torres sold 1,863 shares of the stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $326.18, for a total transaction of $607,673.34. Following the completion of the transaction, the senior vice president now directly owns 19,612 shares of the company’s stock, valued at approximately $6,397,042.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Kathryn A. Torres sold 973 shares of the company’s stock in a transaction that occurred on Thursday, May 2nd. The shares were sold at an average price of $312.00, for a total value of $303,576.00. Following the completion of the transaction, the senior vice president now owns 22,365 shares in the company, valued at approximately $6,977,880. The disclosure for this sale can be found here. Insiders have sold 12,397 shares of company stock valued at $3,921,929 in the last three months. 1.70% of the stock is currently owned by insiders.

HCA Healthcare Stock Up 1.7 %

HCA stock traded up $5.29 during trading on Tuesday, reaching $320.41. 825,216 shares of the stock were exchanged, compared to its average volume of 1,096,980. The firm has a market cap of $83.92 billion, a P/E ratio of 15.89, a price-to-earnings-growth ratio of 1.49 and a beta of 1.68. HCA Healthcare, Inc. has a twelve month low of $215.96 and a twelve month high of $344.20. The firm’s 50 day moving average is $325.96 and its 200 day moving average is $317.82. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 29.26.

HCA Healthcare (NYSE:HCA) last released its quarterly earnings data on Friday, April 26th. The company reported $5.36 earnings per share for the quarter, topping the consensus estimate of $5.01 by $0.35. HCA Healthcare had a net margin of 8.20% and a return on equity of 674.49%. The firm had revenue of $17.34 billion for the quarter, compared to the consensus estimate of $16.81 billion. During the same quarter in the prior year, the company posted $4.93 earnings per share. The business’s revenue was up 11.2% on a year-over-year basis. As a group, research analysts forecast that HCA Healthcare, Inc. will post 20.92 EPS for the current year.

HCA Healthcare Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend was Friday, June 14th. HCA Healthcare’s payout ratio is currently 13.16%.

About HCA Healthcare

HCA Healthcare, Inc, through its subsidiaries, owns and operates hospitals and related healthcare entities in the United States. It operates general and acute care hospitals that offers medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy.