Capital World Investors Raises Stock Holdings in HCA Healthcare, Inc. (NYSE:HCA)

Capital World Investors raised its stake in HCA Healthcare, Inc. (NYSE:HCA) by 0.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,928,452 shares of the company’s stock after buying an additional 19,121 shares during the period. Capital World Investors owned about 1.16% of HCA Healthcare worth $878,975,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Congress Wealth Management LLC DE lifted its stake in HCA Healthcare by 3.4% during the fourth quarter. Congress Wealth Management LLC DE now owns 1,039 shares of the company’s stock worth $312,000 after purchasing an additional 34 shares during the last quarter. Evergreen Private Wealth LLC grew its holdings in shares of HCA Healthcare by 0.3% during the 4th quarter. Evergreen Private Wealth LLC now owns 12,787 shares of the company’s stock valued at $3,838,000 after purchasing an additional 35 shares during the last quarter. Mediolanum International Funds Ltd lifted its stake in HCA Healthcare by 0.3% in the fourth quarter. Mediolanum International Funds Ltd now owns 10,592 shares of the company’s stock worth $3,153,000 after purchasing an additional 36 shares during the last quarter. Prairie Wealth Advisors Inc. grew its stake in shares of HCA Healthcare by 6.1% during the fourth quarter. Prairie Wealth Advisors Inc. now owns 700 shares of the company’s stock valued at $210,000 after buying an additional 40 shares during the last quarter. Finally, Whittier Trust Co. boosted its holdings in HCA Healthcare by 3.6% during the 4th quarter. Whittier Trust Co. now owns 1,195 shares of the company’s stock valued at $359,000 after acquiring an additional 41 shares during the period. 62.73% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on HCA. Baird R W lowered HCA Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 15th. Cantor Fitzgerald restated an “overweight” rating and issued a $405.00 price objective on shares of HCA Healthcare in a research report on Monday, January 27th. Barclays cut their target price on HCA Healthcare from $392.00 to $366.00 and set an “overweight” rating on the stock in a research note on Monday, January 27th. Guggenheim began coverage on HCA Healthcare in a research report on Wednesday, April 9th. They issued a “neutral” rating on the stock. Finally, Truist Financial dropped their price target on HCA Healthcare from $430.00 to $390.00 and set a “buy” rating for the company in a research note on Monday, January 6th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $381.67.

HCA Healthcare Stock Up 1.0 %

HCA stock opened at $334.38 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.08 and a debt-to-equity ratio of 69.07. The business has a 50 day moving average of $328.55 and a 200 day moving average of $334.13. HCA Healthcare, Inc. has a twelve month low of $289.98 and a twelve month high of $417.14. The firm has a market cap of $82.32 billion, a PE ratio of 15.22, a price-to-earnings-growth ratio of 1.10 and a beta of 1.48.

HCA Healthcare (NYSE:HCA) last announced its quarterly earnings data on Friday, January 24th. The company reported $6.22 EPS for the quarter, beating the consensus estimate of $6.03 by $0.19. HCA Healthcare had a net margin of 8.16% and a return on equity of 586.47%. During the same quarter in the prior year, the business posted $5.90 EPS. On average, research analysts forecast that HCA Healthcare, Inc. will post 24.98 EPS for the current fiscal year.

HCA Healthcare Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a $0.72 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $2.88 annualized dividend and a dividend yield of 0.86%. This is a boost from HCA Healthcare’s previous quarterly dividend of $0.66. HCA Healthcare’s payout ratio is currently 13.11%.

Insider Buying and Selling

In other news, SVP Jennifer Berres sold 9,533 shares of HCA Healthcare stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $322.59, for a total value of $3,075,250.47. Following the completion of the sale, the senior vice president now directly owns 15,412 shares in the company, valued at $4,971,757.08. The trade was a 38.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.30% of the stock is owned by corporate insiders.

HCA Healthcare Company Profile

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.