HCA Healthcare, Inc. (NYSE:HCA) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado decreased its holdings in shares of HCA Healthcare, Inc. (NYSE:HCA) by 6.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,435 shares of the company’s stock after selling 2,066 shares during the period. Public Employees Retirement Association of Colorado’s holdings in HCA Healthcare were worth $9,484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently added to or reduced their stakes in HCA. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of HCA Healthcare during the 4th quarter worth about $27,000. LifeSteps Financial Inc. acquired a new position in HCA Healthcare in the 1st quarter valued at $33,000. Rise Advisors LLC purchased a new stake in shares of HCA Healthcare during the first quarter worth $36,000. Northwest Investment Counselors LLC acquired a new stake in shares of HCA Healthcare in the 1st quarter worth $36,000. Finally, Activest Wealth Management purchased a new stake in shares of HCA Healthcare in the first quarter valued at about $40,000. 62.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on HCA shares. StockNews.com raised shares of HCA Healthcare from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 1st. Royal Bank of Canada lifted their target price on HCA Healthcare from $329.00 to $378.00 and gave the company an “outperform” rating in a research report on Wednesday, July 24th. Truist Financial boosted their price objective on shares of HCA Healthcare from $375.00 to $390.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. SVB Leerink lifted their price target on shares of HCA Healthcare from $367.00 to $396.00 and gave the company an “outperform” rating in a research report on Wednesday, July 24th. Finally, Baird R W raised shares of HCA Healthcare to a “strong-buy” rating in a research report on Thursday, May 30th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, HCA Healthcare presently has a consensus rating of “Moderate Buy” and an average target price of $344.06.

HCA Healthcare Stock Up 1.1 %

Shares of NYSE:HCA opened at $358.73 on Tuesday. HCA Healthcare, Inc. has a fifty-two week low of $215.96 and a fifty-two week high of $361.12. The firm’s 50 day moving average price is $330.79 and its 200 day moving average price is $323.36. The company has a quick ratio of 0.94, a current ratio of 1.06 and a debt-to-equity ratio of 27.11. The stock has a market cap of $93.95 billion, a price-to-earnings ratio of 17.88, a price-to-earnings-growth ratio of 1.36 and a beta of 1.68.

HCA Healthcare (NYSE:HCA) last posted its earnings results on Tuesday, July 23rd. The company reported $5.50 EPS for the quarter, beating the consensus estimate of $4.97 by $0.53. The firm had revenue of $17.49 billion for the quarter, compared to analyst estimates of $17.05 billion. HCA Healthcare had a return on equity of 553.13% and a net margin of 8.40%. HCA Healthcare’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.29 earnings per share. As a group, equities research analysts predict that HCA Healthcare, Inc. will post 22.43 earnings per share for the current fiscal year.

HCA Healthcare Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be given a dividend of $0.66 per share. The ex-dividend date is Monday, September 16th. This represents a $2.64 annualized dividend and a dividend yield of 0.74%. HCA Healthcare’s dividend payout ratio is presently 13.16%.

Insider Activity at HCA Healthcare

In other HCA Healthcare news, SVP Christopher F. Wyatt sold 4,000 shares of the firm’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $360.20, for a total transaction of $1,440,800.00. Following the transaction, the senior vice president now owns 40,449 shares of the company’s stock, valued at $14,569,729.80. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, SVP Kathryn A. Torres sold 1,857 shares of the company’s stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $355.05, for a total value of $659,327.85. Following the completion of the sale, the senior vice president now directly owns 17,755 shares of the company’s stock, valued at $6,303,912.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Christopher F. Wyatt sold 4,000 shares of the business’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $360.20, for a total value of $1,440,800.00. Following the completion of the transaction, the senior vice president now owns 40,449 shares in the company, valued at approximately $14,569,729.80. The disclosure for this sale can be found here. Insiders have sold 18,254 shares of company stock valued at $6,022,057 in the last ninety days. Insiders own 1.60% of the company’s stock.

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.