Mutual of America Capital Management LLC Decreases Holdings in HCA Healthcare, Inc. (NYSE:HCA)

Mutual of America Capital Management LLC cut its stake in HCA Healthcare, Inc. (NYSE:HCA - Free Report) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,304 shares of the company's stock after selling 1,144 shares during the period. Mutual of America Capital Management LLC's holdings in HCA Healthcare were worth $6,995,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in HCA. Whipplewood Advisors LLC bought a new stake in HCA Healthcare in the fourth quarter valued at approximately $31,000. Legacy Investment Solutions LLC bought a new position in shares of HCA Healthcare during the 3rd quarter worth approximately $39,000. Activest Wealth Management boosted its holdings in shares of HCA Healthcare by 1,250.0% during the 4th quarter. Activest Wealth Management now owns 135 shares of the company's stock worth $40,000 after buying an additional 125 shares in the last quarter. Capital Performance Advisors LLP bought a new position in shares of HCA Healthcare during the 3rd quarter worth approximately $41,000. Finally, Pinnacle Bancorp Inc. boosted its holdings in shares of HCA Healthcare by 50.0% during the 4th quarter. Pinnacle Bancorp Inc. now owns 150 shares of the company's stock worth $45,000 after buying an additional 50 shares in the last quarter. 62.73% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other HCA Healthcare news, SVP Jennifer Berres sold 9,533 shares of the firm's stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $322.59, for a total value of $3,075,250.47. Following the sale, the senior vice president now owns 15,412 shares of the company's stock, valued at $4,971,757.08. This trade represents a 38.22 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on HCA. Raymond James lowered HCA Healthcare from an "outperform" rating to a "market perform" rating in a research report on Friday, November 22nd. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $405.00 target price on shares of HCA Healthcare in a research report on Monday, January 27th. Wells Fargo & Company lowered HCA Healthcare from an "equal weight" rating to an "underweight" rating and lowered their target price for the stock from $400.00 to $320.00 in a research report on Monday, November 25th. Truist Financial lowered their price target on HCA Healthcare from $430.00 to $390.00 and set a "buy" rating for the company in a research report on Monday, January 6th. Finally, JPMorgan Chase & Co. reissued a "neutral" rating and issued a $380.00 price target on shares of HCA Healthcare in a research report on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $385.67.

HCA Healthcare Stock Performance

Shares of HCA stock traded up $4.81 on Monday, hitting $311.11. 1,413,615 shares of the stock were exchanged, compared to its average volume of 1,731,940. The company has a current ratio of 1.08, a quick ratio of 0.97 and a debt-to-equity ratio of 69.07. The firm has a market capitalization of $77.26 billion, a PE ratio of 14.16, a P/E/G ratio of 1.10 and a beta of 1.64. HCA Healthcare, Inc. has a one year low of $289.98 and a one year high of $417.14. The firm's 50 day moving average is $315.15 and its two-hundred day moving average is $349.23.

HCA Healthcare (NYSE:HCA - Get Free Report) last posted its quarterly earnings results on Friday, January 24th. The company reported $6.22 earnings per share for the quarter, topping the consensus estimate of $6.03 by $0.19. HCA Healthcare had a return on equity of 586.47% and a net margin of 8.16%. During the same quarter in the prior year, the business posted $5.90 earnings per share. Sell-side analysts expect that HCA Healthcare, Inc. will post 24.98 earnings per share for the current fiscal year.

HCA Healthcare Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a $0.72 dividend. The ex-dividend date is Monday, March 17th. This represents a $2.88 annualized dividend and a yield of 0.93%. This is an increase from HCA Healthcare's previous quarterly dividend of $0.66. HCA Healthcare's dividend payout ratio (DPR) is currently 13.11%.

HCA Healthcare Profile

HCA Healthcare, Inc, through its subsidiaries, owns and operates hospitals and related healthcare entities in the United States. It operates general and acute care hospitals that offers 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.