Tidal Investments LLC Buys 7,570 Shares of HCA Healthcare, Inc. $HCA

Tidal Investments LLC raised its position in HCA Healthcare, Inc. (NYSE:HCA) by 12.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 69,190 shares of the company’s stock after purchasing an additional 7,570 shares during the quarter. Tidal Investments LLC’s holdings in HCA Healthcare were worth $26,976,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Archford Capital Strategies LLC raised its holdings in shares of HCA Healthcare by 8.0% in the second quarter. Archford Capital Strategies LLC now owns 2,943 shares of the company’s stock valued at $1,147,000 after purchasing an additional 217 shares during the last quarter. National Pension Service grew its position in HCA Healthcare by 0.5% in the second quarter. National Pension Service now owns 591,578 shares of the company’s stock valued at $230,650,000 after purchasing an additional 2,820 shares in the last quarter. Darsana Capital Partners LP boosted its stake in shares of HCA Healthcare by 46.7% during the 2nd quarter. Darsana Capital Partners LP now owns 1,100,000 shares of the company’s stock worth $428,879,000 after buying an additional 350,000 shares during the last quarter. Cidel Asset Management Inc. raised its holdings in HCA Healthcare by 8.0% during the second quarter. Cidel Asset Management Inc. now owns 1,585 shares of the company’s stock worth $618,000 after acquiring an additional 118 shares in the last quarter. Finally, Capital Analysts LLC grew its stake in HCA Healthcare by 10.3% in the second quarter. Capital Analysts LLC now owns 642 shares of the company’s stock valued at $250,000 after purchasing an additional 60 shares in the last quarter. Institutional investors own 62.73% of the company’s stock.

Analyst Ratings Changes

HCA has been the subject of several recent analyst reports. Truist Financial cut their price objective on HCA Healthcare from $535.00 to $495.00 and set a “buy” rating for the company in a report on Monday, July 27th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of HCA Healthcare in a report on Wednesday, July 15th. JPMorgan Chase & Co. decreased their price objective on shares of HCA Healthcare from $490.00 to $425.00 and set a “neutral” rating on the stock in a report on Thursday, August 20th. Mizuho lowered their price objective on HCA Healthcare from $525.00 to $475.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 28th. Finally, The Goldman Sachs Group cut their price objective on shares of HCA Healthcare from $558.00 to $485.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. Fourteen 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $462.64.

HCA Healthcare Stock Up 5.1%

Shares of HCA stock opened at $422.47 on Thursday. The company has a market cap of $91.47 billion, a P/E ratio of 14.14, a P/E/G ratio of 1.32 and a beta of 1.10. HCA Healthcare, Inc. has a twelve month low of $353.99 and a twelve month high of $556.52. The business has a fifty day simple moving average of $404.41 and a 200 day simple moving average of $434.23.

HCA Healthcare (NYSE:HCA) last issued its quarterly earnings data on Friday, July 24th. The company reported $7.59 EPS for the quarter, beating the consensus estimate of $7.56 by $0.03. The business had revenue of $20.23 billion during the quarter, compared to the consensus estimate of $19.76 billion. HCA Healthcare had a net margin of 8.77% and a negative return on equity of 244.79%. The firm’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $6.84 EPS. As a group, equities research analysts anticipate that HCA Healthcare, Inc. will post 29.42 earnings per share for the current fiscal year.

HCA Healthcare Dividend Announcement

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

About HCA Healthcare

HCA Healthcare, Inc (NYSE:HCA) is a healthcare services company that operates hospitals and other healthcare facilities. Its network provides a broad range of medical services, including emergency care, inpatient and outpatient treatment, surgery, diagnostic services, and maternity care.

The company also operates ambulatory surgery centers, urgent care facilities, physician practices, and other outpatient locations. HCA Healthcare serves patients through facilities located across the United States, as well as through HCA Healthcare UK, its healthcare operations in the United Kingdom.

HCA Healthcare was founded in 1968 by Dr.