CENTRAL TRUST Co maintained its stake in shares of HCA Holdings, Inc. (NYSE:HCA) during the second quarter, Holdings Channel reports. The fund owned 2,820 shares of the company’s stock at the end of the second quarter. CENTRAL TRUST Co’s holdings in HCA Holdings were worth $246,000 as of its most recent filing with the SEC.
Other large investors also recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its stake in shares of HCA Holdings by 1.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 508,083 shares of the company’s stock worth $37,608,000 after buying an additional 4,903 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of HCA Holdings during the fourth quarter worth approximately $412,000. Kentucky Retirement Systems bought a new stake in shares of HCA Holdings during the fourth quarter worth approximately $1,570,000. Kentucky Retirement Systems Insurance Trust Fund bought a new stake in shares of HCA Holdings during the fourth quarter worth approximately $700,000. Finally, Chevy Chase Trust Holdings Inc. boosted its stake in shares of HCA Holdings by 1.9% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 249,388 shares of the company’s stock worth $22,193,000 after buying an additional 4,680 shares during the period. Hedge funds and other institutional investors own 74.49% of the company’s stock.
Shares of HCA Holdings, Inc. (HCA) opened at 85.87 on Wednesday. The stock’s 50 day moving average price is $85.01 and its 200-day moving average price is $84.19. The stock has a market capitalization of $31.51 billion, a price-to-earnings ratio of 11.67 and a beta of 0.69. HCA Holdings, Inc. has a 12 month low of $67.00 and a 12 month high of $91.03.
HCA Holdings (NYSE:HCA) last released its quarterly earnings results on Tuesday, May 2nd. The company reported $1.74 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.74. HCA Holdings had a net margin of 6.70% and a negative return on equity of 45.28%. The company had revenue of $10.62 billion during the quarter, compared to analysts’ expectations of $10.64 billion. During the same period in the prior year, the company earned $1.71 earnings per share. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. Equities analysts forecast that HCA Holdings, Inc. will post $7.36 earnings per share for the current fiscal year.
HCA has been the topic of a number of analyst reports. Mizuho upgraded HCA Holdings from a “neutral” rating to a “buy” rating and set a $98.00 target price on the stock in a report on Monday, March 27th. Zacks Investment Research cut HCA Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, March 28th. Deutsche Bank AG began coverage on HCA Holdings in a report on Tuesday, April 4th. They set a “buy” rating and a $103.00 price objective on the stock. Cantor Fitzgerald restated a “buy” rating and set a $95.00 price objective on shares of HCA Holdings in a report on Monday, April 17th. Finally, Morgan Stanley began coverage on HCA Holdings in a report on Tuesday, June 6th. They set an “equal weight” rating and a $90.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $92.71.
In other news, insider Jonathan B. Perlin sold 71,063 shares of the company’s stock in a transaction dated Thursday, June 22nd. The shares were sold at an average price of $86.00, for a total transaction of $6,111,418.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Thomas F. Frist, Jr. acquired 361,205 shares of the business’s stock in a transaction dated Friday, May 5th. The shares were bought at an average cost of $83.06 per share, with a total value of $30,001,687.30. Following the transaction, the insider now directly owns 167,000 shares of the company’s stock, valued at approximately $13,871,020. The disclosure for this purchase can be found here. Insiders have sold 395,274 shares of company stock valued at $33,048,964 over the last 90 days. Corporate 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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