1,300 HCA Healthcare, Inc. $HCA Shares Bought by Cherokee Insurance Co

Cherokee Insurance Co lifted its position in shares of HCA Healthcare, Inc. (NYSE:HCA) by 16.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 9,400 shares of the company’s stock after acquiring an additional 1,300 shares during the period. HCA Healthcare accounts for 1.4% of Cherokee Insurance Co’s portfolio, making the stock its 24th biggest holding. Cherokee Insurance Co’s holdings in HCA Healthcare were worth $4,011,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. MidFirst Bank bought a new position in HCA Healthcare in the 2nd quarter worth about $28,000. Clearstead Trust LLC bought a new stake in shares of HCA Healthcare during the second quarter valued at approximately $29,000. Latitude Advisors LLC acquired a new position in shares of HCA Healthcare during the third quarter worth approximately $32,000. Delos Wealth Advisors LLC bought a new position in HCA Healthcare in the 2nd quarter worth approximately $35,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in HCA Healthcare in the 3rd quarter valued at approximately $40,000. Institutional investors and hedge funds own 62.73% of the company’s stock.

More HCA Healthcare News

Here’s some of the latest news about HCA:

• Positive Sentiment: HCA was named a best employer for veterans by Military Times for the seventh consecutive year. This is a reputational positive, though its near-term financial impact is likely limited. Article: HCA Healthcare Named a Best Employer for Veterans
• Neutral Sentiment: A Yahoo Finance article examines what drove HCA shares higher, but the supplied information does not specify the catalyst. Article: What Really Drove HCA Stock Higher?
• Negative Sentiment: A report flags a potentially flat 2027 outlook and payer pressure, which could constrain expectations for future growth. Article: HCA Healthcare Stock Faces Flat 2027 Outlook

HCA Healthcare Trading Up 0.3%

Shares of HCA stock opened at $505.82 on Thursday. HCA Healthcare, Inc. has a 1-year low of $353.99 and a 1-year high of $556.52. The stock’s fifty day simple moving average is $449.06 and its 200-day simple moving average is $445.81. The company has a market capitalization of $105.66 billion, a price-to-earnings ratio of 16.76, a P/E/G ratio of 1.68 and a beta of 1.11.

HCA Healthcare (NYSE:HCA) last issued its earnings results on Tuesday, October 27th. The company reported $7.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.65 by $0.57. The company had revenue of $19.85 billion during the quarter, compared to analyst estimates of $19.33 billion. HCA Healthcare had a net margin of 8.61% and a negative return on equity of 198.52%. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the business posted $6.96 EPS. On average, sell-side analysts predict that HCA Healthcare, Inc. will post 30.15 EPS for the current year.

HCA Healthcare Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 29th. Shareholders of record on Tuesday, December 15th will be given a dividend of $0.78 per share. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $3.12 dividend on an annualized basis and a yield of 0.6%. HCA Healthcare’s dividend payout ratio is presently 10.34%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Deutsche Bank set a $476.00 price target on HCA Healthcare in a research report on Monday, July 27th. Sanford C. Bernstein reissued a “market perform” rating on shares of HCA Healthcare in a report on Wednesday, July 15th. Barclays upped their price objective on shares of HCA Healthcare from $387.00 to $401.00 and gave the stock an “equal weight” rating in a report on Thursday, October 29th. Wells Fargo & Company increased their target price on shares of HCA Healthcare from $381.00 to $468.00 and gave the company an “equal weight” rating in a research report on Monday, November 2nd. Finally, Wall Street Zen raised shares of HCA Healthcare from a “hold” rating to a “buy” rating in a research note on Saturday, October 31st. Sixteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, HCA Healthcare presently has a consensus rating of “Moderate Buy” and a consensus price target of $480.13.

Insider Buying and Selling at HCA Healthcare

In other HCA Healthcare news, SVP Erica Rossitto sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 10th. The stock was sold at an average price of $505.81, for a total value of $1,770,335.00. Following the sale, the senior vice president owned 13,426 shares of the company’s stock, valued at $6,791,005.06. This trade represents a 20.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, COO Jon M. Foster sold 21,713 shares of the business’s stock in a transaction on Friday, November 6th. The stock was sold at an average price of $494.95, for a total transaction of $10,746,849.35. Following the transaction, the chief operating officer directly owned 10,000 shares in the company, valued at $4,949,500. This trade represents a 68.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 36,413 shares of company stock worth $18,251,464 over the last 90 days. Insiders own 1.50% of the company’s stock.

HCA Healthcare Company Profile

HCA Healthcare is a healthcare services company that operates hospitals and other care facilities. Its services include inpatient and outpatient care, emergency treatment, surgery, diagnostic services and specialized care across areas such as cancer and cardiovascular medicine. The company serves patients in the United States and the United Kingdom through its network of hospitals and outpatient facilities, including surgery centers, urgent care clinics and physician practices. Founded in 1968, HCA Healthcare is headquartered in Nashville, Tennessee.