7,072 Shares in HCA Healthcare, Inc. (NYSE:HCA) Bought by CWA Asset Management Group LLC

CWA Asset Management Group LLC purchased a new stake in shares of HCA Healthcare, Inc. (NYSE:HCA) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 7,072 shares of the company’s stock, valued at approximately $2,874,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital World Investors lifted its position in HCA Healthcare by 57.5% during the first quarter. Capital World Investors now owns 2,792,377 shares of the company’s stock valued at $931,342,000 after purchasing an additional 1,019,750 shares in the last quarter. Lee Danner & Bass Inc. purchased a new stake in HCA Healthcare in the 2nd quarter worth approximately $131,527,000. Darsana Capital Partners LP lifted its holdings in HCA Healthcare by 53.3% during the second quarter. Darsana Capital Partners LP now owns 1,150,000 shares of the company’s stock valued at $369,472,000 after purchasing an additional 400,000 shares in the last quarter. Swedbank AB bought a new stake in shares of HCA Healthcare during the 1st quarter valued at $95,882,000. Finally, TD Asset Management Inc boosted its holdings in HCA Healthcare by 30.4% in the 1st quarter. TD Asset Management Inc now owns 721,318 shares of the company’s stock worth $240,581,000 after buying an additional 168,093 shares during the period. Hedge funds and other institutional investors own 62.73% of the company’s stock.

HCA Healthcare Trading Down 0.5 %

Shares of NYSE:HCA opened at $354.16 on Friday. HCA Healthcare, Inc. has a 12-month low of $226.48 and a 12-month high of $417.14. The business’s fifty day simple moving average is $389.61 and its 200-day simple moving average is $356.03. The company has a market capitalization of $89.71 billion, a PE ratio of 15.90, a P/E/G ratio of 1.34 and a beta of 1.68. The company has a current ratio of 1.12, a quick ratio of 1.00 and a debt-to-equity ratio of 48.71.

HCA Healthcare Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a $0.66 dividend. The ex-dividend date is Friday, December 13th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 0.75%. HCA Healthcare’s payout ratio is 11.85%.

Analyst Ratings Changes

Several analysts recently issued reports on HCA shares. StockNews.com cut HCA Healthcare from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 4th. Wells Fargo & Company upped their target price on shares of HCA Healthcare from $395.00 to $400.00 and gave the stock an “equal weight” rating in a research report on Wednesday. TD Cowen decreased their price target on shares of HCA Healthcare from $450.00 to $440.00 and set a “buy” rating on the stock in a research note on Monday, October 28th. Morgan Stanley initiated coverage on HCA Healthcare in a research report on Tuesday, September 3rd. They issued an “equal weight” rating and a $427.00 target price on the stock. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $392.00 price objective on shares of HCA Healthcare in a research note on Tuesday, October 1st. Five research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $379.17.

Insider Activity at HCA Healthcare

In other news, EVP Michael S. Cuffe sold 8,358 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $385.42, for a total transaction of $3,221,340.36. Following the transaction, the executive vice president now owns 29,678 shares in the company, valued at $11,438,494.76. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.60% of the stock is currently owned by corporate insiders.

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.