HCA Holdings, Inc. (NYSE:HCA) SVP Victor L. Campbell sold 8,000 shares of HCA Holdings stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $78.00, for a total value of $624,000.00. Following the transaction, the senior vice president now owns 127,275 shares in the company, valued at approximately $9,927,450. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
HCA Holdings, Inc. (HCA) opened at $76.05 on Wednesday. The stock has a market capitalization of $27,513.42, a price-to-earnings ratio of 11.79, a P/E/G ratio of 1.14 and a beta of 0.50. HCA Holdings, Inc. has a fifty-two week low of $69.18 and a fifty-two week high of $91.03. The company has a quick ratio of 1.41, a current ratio of 1.68 and a debt-to-equity ratio of -6.46.
HCA Holdings (NYSE:HCA) last released its earnings results on Tuesday, October 31st. The company reported $1.21 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.21. The firm had revenue of $10.70 billion during the quarter, compared to analyst estimates of $10.70 billion. HCA Holdings had a negative return on equity of 47.16% and a net margin of 6.13%. HCA Holdings’s revenue was up 4.1% compared to the same quarter last year. During the same period last year, the business posted $1.45 earnings per share. research analysts anticipate that HCA Holdings, Inc. will post 6.55 EPS for the current year.
HCA Holdings declared that its board has initiated a share buyback plan on Tuesday, October 31st that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its stock is undervalued.
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A number of equities analysts recently commented on the company. Argus reduced their price objective on HCA Holdings from $100.00 to $93.00 and set a “buy” rating on the stock in a research report on Monday, August 14th. Citigroup Inc. cut their target price on HCA Holdings from $87.00 to $81.00 and set a “neutral” rating for the company in a research note on Monday, November 6th. Piper Jaffray Companies reissued a “buy” rating and set a $82.00 target price on shares of HCA Holdings in a research note on Wednesday, November 1st. Zacks Investment Research raised HCA Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Finally, BidaskClub cut HCA Holdings from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and seventeen have assigned a buy rating to the company. HCA Holdings has an average rating of “Buy” and an average price target of $89.95.
Large investors have recently added to or reduced their stakes in the stock. Strs Ohio boosted its holdings in HCA Holdings by 12.2% in the third quarter. Strs Ohio now owns 1,075,778 shares of the company’s stock valued at $85,621,000 after purchasing an additional 117,000 shares during the period. Accident Compensation Corp lifted its holdings in HCA Holdings by 4.8% during the 2nd quarter. Accident Compensation Corp now owns 43,793 shares of the company’s stock worth $3,819,000 after buying an additional 2,000 shares during the last quarter. Delta Lloyd Asset Management N.V. purchased a new stake in HCA Holdings during the 2nd quarter worth about $3,823,000. CIBC World Markets Inc. lifted its holdings in HCA Holdings by 20.2% during the 2nd quarter. CIBC World Markets Inc. now owns 279,121 shares of the company’s stock worth $24,339,000 after buying an additional 46,953 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC lifted its holdings in HCA Holdings by 1,229.5% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 775,914 shares of the company’s stock worth $59,753,000 after buying an additional 717,551 shares during the last quarter. Hedge funds and other institutional investors own 75.93% of the company’s stock.
About HCA Holdings
HCA Healthcare, Inc, formerly HCA Holdings, Inc, is a holding company. The Company, through its subsidiaries, owns and operates hospitals and related healthcare entities. As of December 31, 2016, the Company operated in two geographically organized groups, including the National and American Groups. As of December 31, 2016, the National Group included 84 hospitals, which were located in Alaska, California, Florida, southern Georgia, Idaho, Indiana, northern Kentucky, Nevada, New Hampshire, South Carolina, Utah and Virginia.
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