HCA Healthcare, Inc. (NYSE:HCA) Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System cut its stake in HCA Healthcare, Inc. (NYSE:HCA - Free Report) by 8.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 297,861 shares of the company's stock after selling 26,242 shares during the quarter. California State Teachers Retirement System owned about 0.12% of HCA Healthcare worth $89,403,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Whipplewood Advisors LLC purchased a new stake in shares of HCA Healthcare during the 4th quarter valued at $31,000. Tidemark LLC acquired a new stake in HCA Healthcare in the 4th quarter worth approximately $36,000. Activest Wealth Management raised its holdings in shares of HCA Healthcare by 1,250.0% in the fourth quarter. Activest Wealth Management now owns 135 shares of the company's stock worth $40,000 after buying an additional 125 shares during the last quarter. Pinnacle Bancorp Inc. grew its holdings in shares of HCA Healthcare by 50.0% during the fourth quarter. Pinnacle Bancorp Inc. now owns 150 shares of the company's stock valued at $45,000 after buying an additional 50 shares during the last quarter. Finally, Legacy Investment Solutions LLC raised its stake in HCA Healthcare by 99.0% in the 4th quarter. Legacy Investment Solutions LLC now owns 191 shares of the company's stock worth $62,000 after acquiring an additional 95 shares during the last quarter. 62.73% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other HCA Healthcare news, SVP Jennifer Berres sold 9,533 shares of the business's stock in a transaction on Friday, February 14th. The shares were sold at an average price of $322.59, for a total value of $3,075,250.47. Following the completion of the transaction, the senior vice president now owns 15,412 shares in the company, valued at $4,971,757.08. The trade was a 38.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on HCA shares. KeyCorp decreased their target price on HCA Healthcare from $420.00 to $370.00 and set an "overweight" rating for the company in a report on Tuesday, January 7th. Baird R W cut shares of HCA Healthcare from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Bank of America cut their price target on HCA Healthcare from $380.00 to $370.00 and set a "buy" rating on the stock in a research report on Monday, January 27th. Truist Financial reduced their price target on HCA Healthcare from $430.00 to $390.00 and set a "buy" rating for the company in a research report on Monday, January 6th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $405.00 price objective on shares of HCA Healthcare in a research note on Monday, January 27th. One research analyst has rated the stock with a sell rating, six have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $381.13.

HCA Healthcare Price Performance

NYSE HCA traded up $5.07 during trading hours on Friday, hitting $348.11. 802,331 shares of the company's stock traded hands, compared to its average volume of 1,398,703. The company has a market capitalization of $85.71 billion, a PE ratio of 15.84, a PEG ratio of 1.10 and a beta of 1.48. The firm's 50-day moving average is $331.50 and its 200-day moving average is $331.12. HCA Healthcare, Inc. has a 52-week low of $289.98 and a 52-week high of $417.14. The company has a debt-to-equity ratio of 69.07, a current ratio of 1.08 and a quick ratio of 0.97.

HCA Healthcare (NYSE:HCA - Get Free Report) last issued its earnings results on Friday, April 25th. The company reported $6.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.75 by $0.70. HCA Healthcare had a return on equity of 586.47% and a net margin of 8.16%. The company had revenue of $18.32 billion during the quarter, compared to analysts' expectations of $18.26 billion. During the same period in the prior year, the business earned $5.36 EPS. The firm's quarterly revenue was up 5.7% on a year-over-year basis. Equities analysts forecast that HCA Healthcare, Inc. will post 24.98 EPS for the current fiscal year.

HCA Healthcare Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date is Monday, June 16th. HCA Healthcare's payout ratio is 12.81%.

HCA Healthcare Profile

HCA Healthcare, Inc, through its subsidiaries, owns and operates hospitals and related healthcare entities in the United States. It operates general and acute care hospitals that offers medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy.