iA Global Asset Management Inc. decreased its position in shares of HCA Healthcare, Inc. (NYSE:HCA – Free Report) by 12.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 37,638 shares of the company’s stock after selling 5,183 shares during the quarter. iA Global Asset Management Inc.’s holdings in HCA Healthcare were worth $17,812,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the company. Brighton Jones LLC bought a new stake in HCA Healthcare during the fourth quarter valued at $1,021,000. NewEdge Advisors LLC lifted its stake in shares of HCA Healthcare by 11.9% in the 1st quarter. NewEdge Advisors LLC now owns 3,859 shares of the company’s stock valued at $1,334,000 after purchasing an additional 409 shares during the period. 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 purchasing an additional 33 shares during the period. Jump Financial LLC acquired a new position in HCA Healthcare in the second quarter valued at approximately $2,073,000. Finally, Sei Investments Co. grew its position in shares of 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 buying an additional 49,214 shares during the period. Institutional investors own 62.73% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on HCA shares. Oppenheimer cut their target price on shares of HCA Healthcare from $540.00 to $520.00 and set an “outperform” rating on the stock in a research note on Monday, April 27th. Wall Street Zen cut shares of HCA Healthcare from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Argus decreased their target price on HCA Healthcare from $560.00 to $500.00 and set a “buy” rating for the company in a research report on Monday, May 4th. Stephens cut their price target on HCA Healthcare from $560.00 to $530.00 and set an “overweight” rating on the stock in a report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price 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. Fifteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $503.00.
HCA Healthcare Stock Down 0.6%
Shares of HCA Healthcare stock opened at $390.10 on Wednesday. The company has a market cap of $86.54 billion, a PE ratio of 13.41, a price-to-earnings-growth ratio of 1.24 and a beta of 1.12. HCA Healthcare, Inc. has a 52 week low of $330.00 and a 52 week high of $556.52. The business has a 50 day moving average price of $404.81 and a 200-day moving average price of $463.96.
HCA Healthcare (NYSE:HCA – Get Free Report) last announced its quarterly earnings results on Friday, April 24th. The company reported $7.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.19 by ($0.04). The company had revenue of $19.11 billion for the quarter, compared to the consensus estimate of $19.09 billion. HCA Healthcare had a negative return on equity of 295.93% and a net margin of 8.89%.The company’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the company posted $6.45 EPS. HCA Healthcare has set its FY 2026 guidance at 29.100-31.500 EPS. As a group, research analysts anticipate that HCA Healthcare, Inc. will post 30.07 EPS for the current year.
HCA Healthcare Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were issued a dividend of $0.78 per share. The ex-dividend date was Tuesday, June 16th. This represents a $3.12 annualized dividend and a yield of 0.8%. HCA Healthcare’s payout ratio is 10.73%.
HCA Healthcare Company Profile
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.
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