Park National Corp OH Trims Stake in HCA Healthcare, Inc. $HCA

Park National Corp OH decreased its holdings in shares of HCA Healthcare, Inc. (NYSE:HCA) by 36.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,827 shares of the company’s stock after selling 8,374 shares during the quarter. Park National Corp OH’s holdings in HCA Healthcare were worth $7,017,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Holos Integrated Wealth LLC purchased a new stake in HCA Healthcare in the fourth quarter worth $29,000. Palisade Asset Management LLC bought a new position in shares of HCA Healthcare in the third quarter worth about $26,000. Ares Financial Consulting LLC bought a new stake in HCA Healthcare during the 4th quarter valued at about $31,000. MCF Advisors LLC grew its stake in HCA Healthcare by 213.0% in the 4th quarter. MCF Advisors LLC now owns 72 shares of the company’s stock worth $34,000 after acquiring an additional 49 shares in the last quarter. Finally, Aventura Private Wealth LLC bought a new stake in shares of HCA Healthcare during the fourth quarter valued at approximately $34,000. Hedge funds and other institutional investors own 62.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on HCA shares. Stephens reduced their price objective on HCA Healthcare from $560.00 to $530.00 and set an “overweight” rating on the stock in a report on Monday, April 27th. Mizuho increased their price target on HCA Healthcare from $540.00 to $585.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 25th. Truist Financial set a $413.00 price objective on shares of HCA Healthcare in a research note on Thursday, June 4th. Argus cut their target price on shares of HCA Healthcare from $560.00 to $500.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Finally, UBS Group upped their price target on shares of HCA Healthcare from $598.00 to $635.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Fifteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $506.14.

HCA Healthcare Price Performance

HCA opened at $375.37 on Friday. The firm has a market capitalization of $83.27 billion, a PE ratio of 12.91, a price-to-earnings-growth ratio of 1.19 and a beta of 1.12. The business’s 50-day moving average is $419.68 and its two-hundred day moving average is $469.05. HCA Healthcare, Inc. has a 1 year low of $330.00 and a 1 year high of $556.52.

HCA Healthcare (NYSE:HCA) last released its quarterly earnings results on Friday, April 24th. The company reported $7.15 EPS for the quarter, missing the consensus estimate of $7.19 by ($0.04). The firm had revenue of $19.11 billion for the quarter, compared to analysts’ expectations of $19.09 billion. HCA Healthcare had a net margin of 8.89% and a negative return on equity of 295.93%. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company posted $6.45 earnings per share. HCA Healthcare has set its FY 2026 guidance at 29.100-31.500 EPS. As a group, sell-side analysts expect that HCA Healthcare, Inc. will post 30.07 EPS for the current year.

HCA Healthcare Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be given a dividend of $0.78 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 0.8%. HCA Healthcare’s dividend payout ratio is presently 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.