United Capital Financial Advisors LLC Invests $1.98 Million in HCA Healthcare, Inc. $HCA

United Capital Financial Advisors LLC acquired a new stake in HCA Healthcare, Inc. (NYSE:HCA) during the second quarter, Holdings Channel reports. The firm acquired 5,085 shares of the company’s stock, valued at approximately $1,983,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC bought a new position in HCA Healthcare in the 4th quarter worth approximately $1,021,000. NewEdge Advisors LLC lifted its position 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 acquiring an additional 409 shares in the last quarter. Sivia Capital Partners LLC grew its position in shares of HCA Healthcare by 5.5% in the second quarter. Sivia Capital Partners LLC now owns 630 shares of the company’s stock valued at $241,000 after purchasing an additional 33 shares in the last quarter. Jump Financial LLC purchased a new stake in HCA Healthcare during the 2nd quarter worth about $2,073,000. Finally, Sei Investments Co. grew its holdings in HCA Healthcare by 56.3% during the 2nd quarter. Sei Investments Co. now owns 136,589 shares of the company’s stock valued at $52,328,000 after buying an additional 49,214 shares in the last quarter. Institutional investors own 62.73% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on HCA shares. Robert W. Baird cut their price objective on shares of HCA Healthcare from $396.00 to $393.00 and set a “neutral” rating for the company in a research report on Monday, July 27th. The Goldman Sachs Group decreased their price target on shares of HCA Healthcare from $558.00 to $485.00 and set a “buy” rating on the stock in a report on Tuesday, July 28th. Sanford C. Bernstein restated a “market perform” rating on shares of HCA Healthcare in a research report on Wednesday, July 15th. Morgan Stanley dropped their price target on HCA Healthcare from $425.00 to $380.00 and set an “underweight” rating for the company in a research report on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft set a $476.00 target price on shares of HCA Healthcare in a research note on Monday, July 27th. Fourteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $462.64.

HCA Healthcare Trading Down 0.4%

HCA Healthcare stock opened at $417.57 on Friday. HCA Healthcare, Inc. has a 1-year low of $353.99 and a 1-year high of $556.52. The firm has a market cap of $90.40 billion, a P/E ratio of 13.98, a P/E/G ratio of 1.46 and a beta of 1.10. The firm has a 50-day moving average of $401.08 and a 200-day moving average of $441.46.

HCA Healthcare (NYSE:HCA) last released its quarterly earnings data on Friday, July 24th. The company reported $7.59 earnings per share for the quarter, topping the consensus estimate of $7.56 by $0.03. HCA Healthcare had a negative return on equity of 244.79% and a net margin of 8.77%.The business had revenue of $20.23 billion during the quarter, compared to analysts’ expectations of $19.76 billion. During the same quarter last year, the business posted $6.84 EPS. The business’s revenue was up 8.7% on a year-over-year basis. Research analysts forecast that HCA Healthcare, Inc. will post 29.42 earnings per share for the current fiscal year.

HCA Healthcare Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a $0.78 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $3.12 annualized dividend and a yield of 0.7%. HCA Healthcare’s dividend payout ratio (DPR) is 10.45%.

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.