HCA Healthcare, Inc. (NYSE:HCA) Position Reduced by Bokf Na

Bokf Na reduced its holdings in HCA Healthcare, Inc. (NYSE:HCA) by 32.5% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,714 shares of the company’s stock after selling 825 shares during the quarter. Bokf Na’s holdings in HCA Healthcare were worth $452,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. 1ST Source Bank lifted its position in shares of HCA Healthcare by 0.4% in the 1st quarter. 1ST Source Bank now owns 8,582 shares of the company’s stock worth $2,263,000 after buying an additional 37 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in HCA Healthcare by 9.7% in the 1st quarter. Brown Brothers Harriman & Co. now owns 420 shares of the company’s stock valued at $111,000 after purchasing an additional 37 shares during the last quarter. HHM Wealth Advisors LLC lifted its position in HCA Healthcare by 0.7% in the 1st quarter. HHM Wealth Advisors LLC now owns 5,493 shares of the company’s stock valued at $1,448,000 after purchasing an additional 39 shares during the last quarter. SouthState Corp lifted its position in HCA Healthcare by 6.8% in the 1st quarter. SouthState Corp now owns 642 shares of the company’s stock valued at $169,000 after purchasing an additional 41 shares during the last quarter. Finally, Stokes Family Office LLC lifted its position in HCA Healthcare by 1.7% in the 1st quarter. Stokes Family Office LLC now owns 2,414 shares of the company’s stock valued at $637,000 after purchasing an additional 41 shares during the last quarter. 62.73% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Credit Suisse Group lifted their price objective on shares of HCA Healthcare from $311.00 to $316.00 and gave the company an “outperform” rating in a research report on Friday, July 28th. 1-800-FLOWERS.COM reissued a “maintains” rating on shares of HCA Healthcare in a research note on Wednesday, June 28th. Truist Financial raised their target price on shares of HCA Healthcare from $325.00 to $340.00 in a research note on Tuesday, June 20th. StockNews.com cut shares of HCA Healthcare from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 25th. Finally, Mizuho raised their target price on shares of HCA Healthcare from $305.00 to $325.00 in a research note on Tuesday, July 11th. Two analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $310.36.

HCA Healthcare Stock Performance

HCA stock opened at $280.81 on Friday. The company has a debt-to-equity ratio of 79.26, a quick ratio of 1.03 and a current ratio of 1.20. The stock has a market cap of $76.38 billion, a P/E ratio of 13.81, a P/E/G ratio of 1.43 and a beta of 1.61. The firm has a 50 day simple moving average of $282.11 and a 200 day simple moving average of $272.89. HCA Healthcare, Inc. has a 52 week low of $178.32 and a 52 week high of $304.86.

HCA Healthcare (NYSE:HCA) last posted its earnings results on Thursday, July 27th. The company reported $4.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.28 by $0.01. The firm had revenue of $15.86 billion during the quarter, compared to analysts’ expectations of $15.63 billion. HCA Healthcare had a net margin of 9.32% and a negative return on equity of 12,765.76%. The company’s revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company earned $4.21 earnings per share. Research analysts anticipate that HCA Healthcare, Inc. will post 18.44 earnings per share for the current fiscal year.

HCA Healthcare Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date is Thursday, September 14th. HCA Healthcare’s dividend payout ratio is 11.81%.

Insider Activity

In other news, SVP Kathryn A. Torres sold 5,204 shares of HCA Healthcare stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $269.12, for a total value of $1,400,500.48. Following the transaction, the senior vice president now owns 19,760 shares of the company’s stock, valued at $5,317,811.20. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, SVP Kathryn A. Torres sold 5,204 shares of the business’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $269.12, for a total transaction of $1,400,500.48. Following the transaction, the senior vice president now owns 19,760 shares of the company’s stock, valued at $5,317,811.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jeffrey E. Cohen sold 1,500 shares of the business’s stock in a transaction on Friday, August 11th. The stock was sold at an average price of $270.00, for a total transaction of $405,000.00. Following the transaction, the senior vice president now directly owns 4,414 shares in the company, valued at approximately $1,191,780. The disclosure for this sale can be found here. Insiders have sold a total of 9,620 shares of company stock valued at $2,592,820 over the last 90 days. 1.60% of the stock is currently owned by company insiders.

About HCA Healthcare

HCA Healthcare, Inc, through its subsidiaries, provides health care services 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.