HCA Healthcare, Inc. $HCA Shares Newly Acquired by Sanders Morris Harris LLC

Sanders Morris Harris LLC purchased a new position in HCA Healthcare, Inc. (NYSE:HCA) during the 3rd quarter, HoldingsChannel reports. The firm purchased 3,778 shares of the company’s stock, valued at approximately $1,613,000.

Several other hedge funds also recently modified their holdings of HCA. Cedar Mountain Advisors LLC acquired a new stake in shares of HCA Healthcare in the first quarter worth $33,000. MidFirst Bank bought a new stake in HCA Healthcare in the 2nd quarter valued at $28,000. Clearstead Trust LLC bought a new position in HCA Healthcare during the second quarter valued at about $29,000. Delos Wealth Advisors LLC acquired a new position in HCA Healthcare in the 2nd quarter valued at approximately $35,000. Finally, Merkkuri Wealth Advisors LLC bought a new stake in shares of HCA Healthcare in the 1st quarter worth approximately $43,000. 62.73% of the stock is owned by institutional investors.

HCA Healthcare Stock Up 2.1%

HCA Healthcare stock traded up $9.50 during mid-day trading on Wednesday, hitting $470.25. 1,081,387 shares of the company were exchanged, compared to its average volume of 1,340,885. The company has a market capitalization of $101.81 billion, a PE ratio of 15.74, a price-to-earnings-growth ratio of 1.55 and a beta of 1.10. The business has a fifty day moving average of $423.07 and a 200 day moving average of $419.09. HCA Healthcare, Inc. has a 1-year low of $353.99 and a 1-year high of $556.52.

HCA Healthcare (NYSE:HCA) last issued its earnings results on Friday, July 24th. The company reported $7.59 EPS for the quarter, beating the consensus estimate of $7.56 by $0.03. HCA Healthcare had a net margin of 8.77% and a negative return on equity of 244.79%. The company had revenue of $20.23 billion for the quarter, compared to the consensus estimate of $19.76 billion. During the same quarter in the previous year, the company earned $6.84 EPS. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. Research analysts expect that HCA Healthcare, Inc. will post 29.42 earnings per share for the current year.

HCA Healthcare Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th were given a dividend of $0.78 per share. The ex-dividend date was Wednesday, September 16th. This represents a $3.12 dividend on an annualized basis and a yield of 0.7%. HCA Healthcare’s dividend payout ratio is 10.45%.

Wall Street Analysts Forecast Growth

HCA has been the subject of a number of recent research reports. Oppenheimer cut their target price on HCA Healthcare from $520.00 to $485.00 and set an “outperform” rating for the company in a research note on Monday, July 27th. Barclays decreased their target price on shares of HCA Healthcare from $402.00 to $387.00 and set an “equal weight” rating on the stock in a research report on Monday, July 27th. The Goldman Sachs Group lowered their target price on shares of HCA Healthcare from $558.00 to $485.00 and set a “buy” rating on the stock in a research note on Tuesday, July 28th. Morgan Stanley dropped their price target on shares of HCA Healthcare from $425.00 to $380.00 and set an “underweight” rating for the company in a research report on Monday, July 27th. Finally, KeyCorp decreased their price objective on HCA Healthcare from $475.00 to $435.00 and set an “overweight” rating on the stock in a report on Monday, July 27th. Sixteen 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $467.61.

HCA Healthcare Company Profile

HCA Healthcare, Inc is a provider of healthcare services in the United States. Through its network of hospitals and other healthcare facilities, the company delivers services including emergency and urgent care, surgery, inpatient and outpatient treatment, women’s and children’s care, cardiology, oncology, orthopedics, and behavioral health services.

HCA Healthcare also operates physician practices, ambulatory surgery centers, freestanding emergency rooms, diagnostic facilities, and other outpatient care sites.