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HCA Healthcare, Inc. (NYSE:HCA) Shares Acquired by Todd Asset Management LLC

HCA Healthcare logo with Medical background

Todd Asset Management LLC boosted its holdings in shares of HCA Healthcare, Inc. (NYSE:HCA - Free Report) by 1.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 136,917 shares of the company's stock after buying an additional 2,348 shares during the quarter. Todd Asset Management LLC owned 0.05% of HCA Healthcare worth $41,096,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Legacy Investment Solutions LLC acquired a new stake in HCA Healthcare in the 3rd quarter valued at $39,000. Capital Performance Advisors LLP acquired a new position in HCA Healthcare in the 3rd quarter valued at about $41,000. Canoe Financial LP acquired a new stake in HCA Healthcare during the third quarter worth $41,000. Activest Wealth Management lifted its position in HCA Healthcare by 1,250.0% in the fourth quarter. Activest Wealth Management now owns 135 shares of the company's stock valued at $40,000 after buying an additional 125 shares during the last quarter. Finally, Pinnacle Bancorp Inc. increased its holdings in HCA Healthcare by 50.0% in the 4th quarter. Pinnacle Bancorp Inc. now owns 150 shares of the company's stock valued at $45,000 after purchasing an additional 50 shares during the last quarter. 62.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. KeyCorp dropped their price target on shares of HCA Healthcare from $420.00 to $370.00 and set an "overweight" rating for the company in a research note on Tuesday, January 7th. Raymond James lowered shares of HCA Healthcare from an "outperform" rating to a "market perform" rating in a research report on Friday, November 22nd. Bank of America decreased their price objective on HCA Healthcare from $380.00 to $370.00 and set a "buy" rating for the company in a research report on Monday, January 27th. JPMorgan Chase & Co. restated a "neutral" rating and issued a $380.00 price objective on shares of HCA Healthcare in a research report on Tuesday, December 17th. Finally, StockNews.com cut shares of HCA Healthcare from a "strong-buy" rating to a "buy" rating in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $385.67.

View Our Latest Stock Analysis on HCA

HCA Healthcare Trading Down 4.7 %

Shares of HCA traded down $15.16 during mid-day trading on Friday, hitting $305.79. The company had a trading volume of 3,469,113 shares, compared to its average volume of 1,740,103. The company has a quick ratio of 0.97, a current ratio of 1.08 and a debt-to-equity ratio of 69.07. The stock has a market cap of $75.94 billion, a PE ratio of 13.92, a P/E/G ratio of 1.10 and a beta of 1.64. HCA Healthcare, Inc. has a 1-year low of $289.98 and a 1-year high of $417.14. The business's 50-day simple moving average is $315.11 and its 200-day simple moving average is $349.91.

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

HCA Healthcare Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a dividend of $0.72 per share. This is an increase from HCA Healthcare's previous quarterly dividend of $0.66. This represents a $2.88 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend is Monday, March 17th. HCA Healthcare's dividend payout ratio is presently 13.11%.

Insider Buying and Selling

In other HCA Healthcare news, SVP Jennifer Berres sold 9,533 shares of the business's stock in a transaction on Friday, February 14th. The stock was sold at an average price of $322.59, for a total transaction of $3,075,250.47. Following the completion of the transaction, the senior vice president now owns 15,412 shares in the company, valued at approximately $4,971,757.08. The trade was a 38.22 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.60% of the company's stock.

HCA Healthcare Company Profile

(Free Report)

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.

Further Reading

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

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