Andra AP fonden grew its position in HCA Healthcare, Inc. (NYSE:HCA – Free Report) by 41.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 45,260 shares of the company’s stock after acquiring an additional 13,360 shares during the period. Andra AP fonden’s holdings in HCA Healthcare were worth $21,130,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the company. Great Lakes Advisors LLC boosted its position in shares of HCA Healthcare by 2.2% in the fourth quarter. Great Lakes Advisors LLC now owns 1,184 shares of the company’s stock worth $553,000 after purchasing an additional 25 shares during the period. Caerus Investment Advisors LLC bought a new position in shares of HCA Healthcare in the fourth quarter worth approximately $272,000. Sepio Capital LP bought a new position in shares of HCA Healthcare in the fourth quarter worth approximately $200,000. NDVR Inc. bought a new position in shares of HCA Healthcare in the fourth quarter worth approximately $286,000. Finally, Xponance LLC lifted its holdings in shares of HCA Healthcare by 2.1% in the fourth quarter. Xponance LLC now owns 37,851 shares of the company’s stock worth $17,671,000 after buying an additional 784 shares in the last quarter. 62.73% of the stock is currently owned by institutional investors.
HCA Healthcare Stock Up 1.2%
HCA Healthcare stock opened at $377.81 on Friday. The company has a market cap of $83.81 billion, a price-to-earnings ratio of 12.99, a PEG ratio of 1.18 and a beta of 1.12. The firm’s fifty day moving average is $431.36 and its 200 day moving average is $474.09. HCA Healthcare, Inc. has a 52-week low of $330.00 and a 52-week high of $556.52.
HCA Healthcare Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a $0.78 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $3.12 annualized dividend and a dividend yield of 0.8%. HCA Healthcare’s dividend payout ratio is currently 10.73%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on HCA shares. Royal Bank Of Canada lowered their target price on shares of HCA Healthcare from $593.00 to $534.00 and set an “outperform” rating on the stock in a report on Monday, April 27th. Weiss Ratings downgraded shares of HCA Healthcare from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Wall Street Zen downgraded shares of HCA Healthcare from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. UBS Group boosted their target price on shares of HCA Healthcare from $598.00 to $635.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of HCA Healthcare in a research note on Wednesday, March 4th. Fifteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $506.14.
View Our Latest Stock Analysis on HCA Healthcare
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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