Vise Technologies Inc. bought a new stake in HCA Healthcare, Inc. (NYSE:HCA – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 15,333 shares of the company’s stock, valued at approximately $5,978,000.
Other large investors have also recently made changes to their positions in the company. Palisade Asset Management LLC purchased a new position in shares of HCA Healthcare during the 3rd quarter worth approximately $26,000. MidFirst Bank purchased a new position in shares of HCA Healthcare during the second quarter worth $28,000. Clearstead Trust LLC purchased a new stake in shares of HCA Healthcare in the 2nd quarter valued at $29,000. Ares Financial Consulting LLC purchased a new position in HCA Healthcare during the 4th quarter valued at about $31,000. Finally, Cedar Mountain Advisors LLC purchased a new stake in HCA Healthcare during the first quarter worth about $33,000. 62.73% of the stock is currently owned by institutional investors and hedge funds.
HCA Healthcare Trading Down 0.2%
Shares of HCA stock opened at $406.33 on Friday. HCA Healthcare, Inc. has a 12 month low of $353.99 and a 12 month high of $556.52. The company has a market cap of $87.97 billion, a P/E ratio of 13.60, a PEG ratio of 1.41 and a beta of 1.10. The firm has a fifty day moving average price of $396.32 and a 200 day moving average price of $444.25.
HCA Healthcare Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 0.8%. The ex-dividend date is Wednesday, September 16th. HCA Healthcare’s dividend payout ratio is currently 10.45%.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft set a $476.00 price objective on shares of HCA Healthcare in a report on Monday, July 27th. Raymond James Financial set a $528.00 price target on shares of HCA Healthcare in a research note on Tuesday, July 7th. Argus reduced their price objective on HCA Healthcare from $560.00 to $500.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Mizuho cut their price target on HCA Healthcare from $525.00 to $475.00 and set an “outperform” rating on the stock in a report on Tuesday, July 28th. Finally, Jefferies Financial Group set a $450.00 price objective on HCA Healthcare in a research note on Tuesday, July 14th. Fourteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, HCA Healthcare presently has an average rating of “Moderate Buy” and a consensus target price of $462.64.
Check Out Our Latest Report on HCA
HCA Healthcare Company Profile
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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