PNC Financial Services Group Inc. reduced its position in shares of HCA Healthcare, Inc. (NYSE:HCA – Free Report) by 4.0% in the 4th quarter, Holdings Channel reports. The firm owned 39,785 shares of the company’s stock after selling 1,644 shares during the period. PNC Financial Services Group Inc.’s holdings in HCA Healthcare were worth $18,574,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of HCA. Brighton Jones LLC bought a new stake in shares of HCA Healthcare during the fourth quarter worth $1,021,000. NewEdge Advisors LLC grew its stake in shares of HCA Healthcare by 11.9% during the first quarter. NewEdge Advisors LLC now owns 3,859 shares of the company’s stock worth $1,334,000 after buying an additional 409 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of HCA Healthcare by 5.5% during the second quarter. Sivia Capital Partners LLC now owns 630 shares of the company’s stock worth $241,000 after buying an additional 33 shares during the last quarter. Jump Financial LLC bought a new stake in shares of HCA Healthcare during the second quarter worth $2,073,000. Finally, Sei Investments Co. lifted its holdings in shares of HCA Healthcare by 56.3% during the second quarter. Sei Investments Co. now owns 136,589 shares of the company’s stock worth $52,328,000 after purchasing an additional 49,214 shares during the period. Institutional investors own 62.73% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have recently commented on the stock. Oppenheimer cut their price target on shares of HCA Healthcare from $540.00 to $520.00 and set an “outperform” rating on the stock in a report on Monday, April 27th. Weiss Ratings lowered shares of HCA Healthcare from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday. Argus cut their price target on shares of HCA Healthcare from $560.00 to $500.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Leerink Partners cut their price target on shares of HCA Healthcare from $573.00 to $500.00 and set an “outperform” rating on the stock in a report on Monday, April 27th. Finally, The Goldman Sachs Group lifted their price target on shares of HCA Healthcare from $520.00 to $558.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. 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. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $515.77.
HCA Healthcare Stock Up 0.5%
HCA stock opened at $394.40 on Friday. The firm has a market cap of $87.49 billion, a price-to-earnings ratio of 13.56, a PEG ratio of 1.24 and a beta of 1.18. HCA Healthcare, Inc. has a 12-month low of $330.00 and a 12-month high of $556.52. The company’s fifty day simple moving average is $465.16 and its 200 day simple moving average is $483.61.
HCA Healthcare (NYSE:HCA – Get Free Report) last released its earnings results on Friday, April 24th. The company reported $7.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.19 by ($0.04). The firm had revenue of $19.11 billion during the quarter, compared to analyst estimates of $19.09 billion. HCA Healthcare had a net margin of 8.89% and a negative return on equity of 295.93%. HCA Healthcare’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $6.45 EPS. HCA Healthcare has set its FY 2026 guidance at 29.100-31.500 EPS. Research analysts expect that HCA Healthcare, Inc. will post 30.07 earnings per share for the current year.
HCA Healthcare Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be issued a dividend of $0.78 per share. The ex-dividend date is Tuesday, June 16th. This represents a $3.12 annualized dividend and a dividend yield of 0.8%. HCA Healthcare’s dividend payout ratio is currently 10.73%.
About HCA Healthcare
HCA Healthcare is a for‑profit operator of healthcare facilities headquartered in Nashville, Tennessee. Founded in 1968, the company owns and operates a network of hospitals and related healthcare facilities and has grown through organic expansion and acquisitions to become a large provider of inpatient and outpatient services.
The company’s core activities include the operation of acute care hospitals, freestanding surgical and emergency centers, and outpatient clinics. HCA’s services encompass inpatient care, surgical services, emergency medicine, diagnostic imaging and laboratory testing, and various outpatient and ambulatory care offerings.
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