CIBC Asset Management Inc Buys 13,969 Shares of HCA Healthcare, Inc. $HCA

CIBC Asset Management Inc increased its position in HCA Healthcare, Inc. (NYSE:HCAFree Report) by 53.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,260 shares of the company’s stock after purchasing an additional 13,969 shares during the period. CIBC Asset Management Inc’s holdings in HCA Healthcare were worth $18,796,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in HCA. Holos Integrated Wealth LLC bought a new stake in shares of HCA Healthcare during the fourth quarter valued at approximately $29,000. Palisade Asset Management LLC bought a new stake in shares of HCA Healthcare in the 3rd quarter worth $26,000. Ares Financial Consulting LLC bought a new position in shares of HCA Healthcare during the fourth quarter valued at $31,000. Aventura Private Wealth LLC bought a new stake in HCA Healthcare in the 4th quarter worth about $34,000. Finally, Basepoint Wealth LLC bought a new position in HCA Healthcare during the 4th quarter valued at about $35,000. Hedge funds and other institutional investors own 62.73% of the company’s stock.

Analyst Ratings Changes

HCA has been the topic of a number of research analyst reports. TD Cowen lowered their price objective on shares of HCA Healthcare from $561.00 to $500.00 and set a “buy” rating on the stock in a research report on Monday, April 27th. Jefferies Financial Group restated a “buy” rating and set a $525.00 price target on shares of HCA Healthcare in a research note on Friday, April 24th. Oppenheimer reduced their target price on shares of HCA Healthcare from $540.00 to $520.00 and set an “outperform” rating for the company in a report on Monday, April 27th. Mizuho lifted their price target on shares of HCA Healthcare from $540.00 to $585.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. Finally, KeyCorp lowered their target price on HCA Healthcare from $550.00 to $510.00 and set an “overweight” rating on the stock in a research report on Monday, April 27th. Sixteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, HCA Healthcare has a consensus rating of “Moderate Buy” and an average target price of $506.14.

Read Our Latest Research Report on HCA

HCA Healthcare Price Performance

Shares of NYSE HCA opened at $362.27 on Friday. HCA Healthcare, Inc. has a 1 year low of $330.00 and a 1 year high of $556.52. The firm has a fifty day moving average price of $441.74 and a 200-day moving average price of $477.94. The stock has a market cap of $80.37 billion, a PE ratio of 12.46, a price-to-earnings-growth ratio of 1.15 and a beta of 1.12.

HCA Healthcare (NYSE:HCAGet Free Report) last issued its earnings results on Friday, April 24th. The company reported $7.15 earnings per share for the quarter, missing the consensus estimate of $7.19 by ($0.04). HCA Healthcare had a negative return on equity of 295.93% and a net margin of 8.89%.The firm had revenue of $19.11 billion during the quarter, compared to the consensus estimate of $19.09 billion. During the same period in the prior year, the company posted $6.45 EPS. The company’s quarterly revenue was up 4.3% on a year-over-year basis. HCA Healthcare has set its FY 2026 guidance at 29.100-31.500 EPS. On average, research 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. Investors of record on Tuesday, June 16th will be issued a $0.78 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $3.12 dividend on an annualized basis and a yield of 0.9%. HCA Healthcare’s payout ratio is currently 10.73%.

About HCA Healthcare

(Free Report)

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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Institutional Ownership by Quarter for HCA Healthcare (NYSE:HCA)

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