HCA Healthcare, Inc. $HCA Shares Sold by Patton Fund Management Inc.

Patton Fund Management Inc. lowered its stake in shares of HCA Healthcare, Inc. (NYSE:HCAFree Report) by 63.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,121 shares of the company’s stock after selling 10,609 shares during the period. Patton Fund Management Inc.’s holdings in HCA Healthcare were worth $2,897,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC purchased a new position in shares of HCA Healthcare in the 4th quarter worth about $1,021,000. NewEdge Advisors LLC increased its position in HCA Healthcare by 11.9% during the 1st quarter. NewEdge Advisors LLC now owns 3,859 shares of the company’s stock worth $1,334,000 after purchasing an additional 409 shares in the last quarter. Sivia Capital Partners LLC grew its stake in HCA Healthcare by 5.5% during the second quarter. Sivia Capital Partners LLC now owns 630 shares of the company’s stock worth $241,000 after buying an additional 33 shares during the period. Jump Financial LLC purchased a new position in shares of HCA Healthcare in the 2nd quarter valued at $2,073,000. Finally, Sei Investments Co. boosted its position in HCA Healthcare by 56.3% during the 2nd quarter. Sei Investments Co. now owns 136,589 shares of the company’s stock worth $52,328,000 after purchasing an additional 49,214 shares during the period. 62.73% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on HCA. Oppenheimer reduced their price objective on HCA Healthcare from $540.00 to $520.00 and set an “outperform” rating on the stock in a research note on Monday, April 27th. Deutsche Bank Aktiengesellschaft reduced their price target on HCA Healthcare from $558.00 to $540.00 and set a “buy” rating on the stock in a research report on Tuesday, April 28th. Cantor Fitzgerald reiterated an “overweight” rating on shares of HCA Healthcare in a research note on Wednesday, March 4th. KeyCorp decreased their target price on shares of HCA Healthcare from $550.00 to $510.00 and set an “overweight” rating for the company in a research note on Monday, April 27th. Finally, TD Cowen cut their price objective on shares of HCA Healthcare from $500.00 to $431.00 and set a “buy” rating on the stock in a report on Monday, June 22nd. Fifteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $503.00.

Read Our Latest Stock Analysis on HCA

HCA Healthcare Trading Up 0.1%

HCA stock opened at $391.96 on Monday. The company has a market capitalization of $86.95 billion, a P/E ratio of 13.48, a PEG ratio of 1.24 and a beta of 1.12. The firm has a 50 day simple moving average of $408.56 and a 200-day simple moving average of $465.19. HCA Healthcare, Inc. has a twelve month low of $330.00 and a twelve month high of $556.52.

HCA Healthcare (NYSE:HCAGet Free Report) last announced its quarterly earnings data on Friday, April 24th. The company reported $7.15 earnings per share for the quarter, missing the consensus estimate of $7.19 by ($0.04). HCA Healthcare had a negative return on equity of 295.93% and a net margin of 8.89%.The company had revenue of $19.11 billion for the quarter, compared to analyst estimates of $19.09 billion. During the same period in the prior year, the business earned $6.45 earnings per share. HCA Healthcare’s revenue was up 4.3% on a year-over-year basis. HCA Healthcare has set its FY 2026 guidance at 29.100-31.500 EPS. On average, research analysts predict that HCA Healthcare, Inc. will post 30.07 EPS for the current year.

HCA Healthcare Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be issued a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 16th. HCA Healthcare’s dividend payout ratio (DPR) is currently 10.73%.

HCA Healthcare Company Profile

(Free Report)

HCA Healthcare is a for?profit operator of healthcare facilities headquartered in Nashville, Tennessee. Founded in 1968, the company owns and operates a network of hospitals and related healthcare facilities and has grown through organic expansion and acquisitions to become a large provider of inpatient and outpatient services.

The company’s core activities include the operation of acute care hospitals, freestanding surgical and emergency centers, and outpatient clinics. HCA’s services encompass inpatient care, surgical services, emergency medicine, diagnostic imaging and laboratory testing, and various outpatient and ambulatory care offerings.

See Also

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Institutional Ownership by Quarter for HCA Healthcare (NYSE:HCA)

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