Meeder Asset Management Inc. lessened its position in shares of HCA Healthcare, Inc. (NYSE:HCA – Free Report) by 78.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 8,039 shares of the company’s stock after selling 29,446 shares during the period. Meeder Asset Management Inc.’s holdings in HCA Healthcare were worth $3,804,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Palisade Asset Management LLC acquired a new stake in shares of HCA Healthcare in the third quarter valued at approximately $26,000. Ares Financial Consulting LLC purchased a new stake in HCA Healthcare in the 4th quarter valued at approximately $31,000. Cedar Mountain Advisors LLC purchased a new position in HCA Healthcare during the first quarter worth $33,000. JPL Wealth Management LLC purchased a new stake in shares of HCA Healthcare in the third quarter valued at $33,000. Finally, Aventura Private Wealth LLC purchased a new stake in HCA Healthcare during the 4th quarter worth about $34,000. Institutional investors and hedge funds own 62.73% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the stock. Royal Bank Of Canada decreased their price target on shares of HCA Healthcare from $534.00 to $435.00 and set an “outperform” rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. decreased their target price on shares of HCA Healthcare from $535.00 to $490.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 19th. Cantor Fitzgerald cut their price target on HCA Healthcare from $588.00 to $525.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. Stephens lowered their price objective on HCA Healthcare from $560.00 to $530.00 and set an “overweight” rating for the company in a research report on Monday, April 27th. Finally, Robert W. Baird reduced their target price on HCA Healthcare from $450.00 to $442.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 15th. Fourteen equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $486.14.
HCA Healthcare Trading Up 0.1%
Shares of HCA opened at $371.60 on Monday. The stock’s fifty day simple moving average is $392.25 and its 200 day simple moving average is $456.93. HCA Healthcare, Inc. has a twelve month low of $330.00 and a twelve month high of $556.52. The firm has a market capitalization of $82.44 billion, a P/E ratio of 12.78, a price-to-earnings-growth ratio of 1.23 and a beta of 1.12.
HCA Healthcare (NYSE:HCA – Get Free Report) last released its quarterly earnings data on Friday, April 24th. The company reported $7.15 EPS for the quarter, missing analysts’ consensus estimates of $7.19 by ($0.04). HCA Healthcare had a negative return on equity of 295.93% and a net margin of 8.89%.The firm had revenue of $19.11 billion during the quarter, compared to analysts’ expectations of $19.09 billion. During the same quarter last year, the business earned $6.45 earnings per share. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. HCA Healthcare has set its FY 2026 guidance at 29.100-31.500 EPS. Sell-side analysts predict that HCA Healthcare, Inc. will post 29.73 earnings per share for the current year.
HCA Healthcare Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were paid a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a yield of 0.8%. The ex-dividend date was Tuesday, June 16th. HCA Healthcare’s 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.
Featured Articles
- Five stocks we like better than HCA Healthcare
- Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit
- Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet
- Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises
- 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
Want to see what other hedge funds are holding HCA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HCA Healthcare, Inc. (NYSE:HCA – Free Report).
Receive News & Ratings for HCA Healthcare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HCA Healthcare and related companies with MarketBeat.com's FREE daily email newsletter.
