Macquarie Group Ltd. Has $734,000 Holdings in Hospital Co. of America (HCA)

Macquarie Group Ltd. reduced its position in shares of Hospital Co. of America (NYSE:HCA) by 91.0% in the fourth quarter, HoldingsChannel reports. The firm owned 8,400 shares of the company’s stock after selling 84,800 shares during the quarter. Macquarie Group Ltd.’s holdings in Hospital Co. of America were worth $734,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC increased its stake in Hospital Co. of America by 76.2% during the 4th quarter. Parallel Advisors LLC now owns 1,337 shares of the company’s stock valued at $117,000 after purchasing an additional 578 shares in the last quarter. Verition Fund Management LLC bought a new stake in Hospital Co. of America during the 4th quarter valued at about $205,000. Bronfman E.L. Rothschild L.P. increased its stake in Hospital Co. of America by 108.0% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 2,425 shares of the company’s stock valued at $213,000 after purchasing an additional 1,259 shares in the last quarter. Kovack Advisors Inc. bought a new stake in Hospital Co. of America during the 4th quarter valued at about $234,000. Finally, Financial Counselors Inc. bought a new stake in Hospital Co. of America during the 4th quarter valued at about $243,000. Institutional investors and hedge funds own 73.48% of the company’s stock.

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Shares of NYSE HCA opened at $96.24 on Monday. The company has a debt-to-equity ratio of -6.58, a current ratio of 1.62 and a quick ratio of 1.36. The company has a market cap of $33,674.76, a P/E ratio of 14.60, a price-to-earnings-growth ratio of 0.96 and a beta of 0.47. Hospital Co. of America has a 12-month low of $71.18 and a 12-month high of $106.84.

Hospital Co. of America (NYSE:HCA) last announced its earnings results on Tuesday, January 30th. The company reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.25. The company had revenue of $11.56 billion during the quarter, compared to analyst estimates of $11.19 billion. Hospital Co. of America had a net margin of 4.89% and a negative return on equity of 49.49%. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.80 earnings per share. equities research analysts anticipate that Hospital Co. of America will post 8.71 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Thursday, March 1st were given a dividend of $0.35 per share. The ex-dividend date was Wednesday, February 28th. This represents a $1.40 annualized dividend and a yield of 1.45%. Hospital Co. of America’s dividend payout ratio (DPR) is 21.24%.

In related news, SVP Joseph A. Sowell III sold 58,175 shares of the business’s stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $95.00, for a total transaction of $5,526,625.00. Following the completion of the sale, the senior vice president now directly owns 40,536 shares in the company, valued at $3,850,920. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Joseph A. Sowell III sold 22,025 shares of the business’s stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $101.86, for a total transaction of $2,243,466.50. Following the sale, the senior vice president now owns 27,411 shares of the company’s stock, valued at $2,792,084.46. The disclosure for this sale can be found here. Insiders have sold 479,918 shares of company stock valued at $48,186,093 over the last 90 days. 2.80% of the stock is currently owned by company insiders.

HCA has been the subject of a number of research analyst reports. Mizuho initiated coverage on shares of Hospital Co. of America in a research note on Friday, March 23rd. They issued a “buy” rating and a $115.00 price target for the company. Piper Jaffray reiterated a “hold” rating and issued a $101.00 price target on shares of Hospital Co. of America in a research note on Tuesday, January 30th. BMO Capital Markets lifted their price target on shares of Hospital Co. of America from $96.00 to $115.00 and gave the stock an “outperform” rating in a research note on Thursday, February 1st. They noted that the move was a valuation call. Sanford C. Bernstein reiterated a “market perform” rating and issued a $116.00 price target (up from $105.00) on shares of Hospital Co. of America in a research note on Thursday, February 1st. Finally, SunTrust Banks set a $105.00 price target on shares of Hospital Co. of America and gave the stock a “buy” rating in a research note on Thursday, December 21st. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $106.21.

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Hospital Co. of America Profile

HCA Healthcare, Inc, through its subsidiaries, provides health care services. The company operates general, acute care hospitals that offer medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy services.

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Institutional Ownership by Quarter for Hospital Co. of America (NYSE:HCA)

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