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

Teachers Retirement System of The State of Kentucky lowered its holdings in HCA Healthcare, Inc. (NYSE:HCA - Free Report) by 7.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 95,896 shares of the company's stock after selling 7,644 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in HCA Healthcare were worth $33,137,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of HCA. Brown Advisory Inc. grew its holdings in HCA Healthcare by 53.9% in the first quarter. Brown Advisory Inc. now owns 4,630 shares of the company's stock worth $1,600,000 after purchasing an additional 1,622 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of HCA Healthcare by 26.9% in the first quarter. Farther Finance Advisors LLC now owns 1,141 shares of the company's stock valued at $395,000 after buying an additional 242 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of HCA Healthcare by 17.6% in the first quarter. GAMMA Investing LLC now owns 4,931 shares of the company's stock valued at $1,704,000 after buying an additional 737 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its stake in shares of HCA Healthcare by 2.5% in the first quarter. Oppenheimer Asset Management Inc. now owns 4,314 shares of the company's stock valued at $1,491,000 after buying an additional 105 shares in the last quarter. Finally, Brighton Jones LLC bought a new position in shares of HCA Healthcare in the fourth quarter valued at $1,021,000. Institutional investors own 62.73% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Morgan Stanley set a $410.00 price target on shares of HCA Healthcare and gave the company an "equal weight" rating in a research report on Monday, June 9th. Truist Financial raised their price target on shares of HCA Healthcare from $390.00 to $415.00 and gave the company a "buy" rating in a research report on Wednesday, July 16th. Baird R W lowered shares of HCA Healthcare from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 15th. Wells Fargo & Company raised shares of HCA Healthcare from an "underweight" rating to an "equal weight" rating and lifted their price objective for the stock from $320.00 to $385.00 in a research report on Thursday, May 29th. Finally, Bank of America lowered shares of HCA Healthcare from a "buy" rating to a "neutral" rating and set a $394.00 price objective on the stock. in a research report on Wednesday, July 16th. Eight investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $399.21.

HCA Healthcare Stock Performance

Shares of NYSE:HCA traded up $2.61 during midday trading on Wednesday, reaching $353.58. The company's stock had a trading volume of 479,548 shares, compared to its average volume of 1,453,725. The firm has a market capitalization of $85.06 billion, a PE ratio of 15.72, a P/E/G ratio of 1.27 and a beta of 1.47. HCA Healthcare, Inc. has a twelve month low of $289.98 and a twelve month high of $417.14. The stock has a fifty day moving average of $376.38 and a 200 day moving average of $344.63. The company has a quick ratio of 1.06, a current ratio of 1.19 and a debt-to-equity ratio of 69.07.

HCA Healthcare (NYSE:HCA - Get Free Report) last issued its quarterly earnings data on Friday, April 25th. The company reported $6.45 EPS for the quarter, topping analysts' consensus estimates of $5.75 by $0.70. The business had revenue of $18.32 billion for the quarter, compared to analysts' expectations of $18.26 billion. HCA Healthcare had a net margin of 8.07% and a return on equity of 1,063.91%. The business's revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the company earned $5.36 EPS. On average, equities analysts expect that HCA Healthcare, Inc. will post 24.98 EPS for the current fiscal year.

HCA Healthcare Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 16th were paid a dividend of $0.72 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $2.88 dividend on an annualized basis and a yield of 0.81%. HCA Healthcare's dividend payout ratio (DPR) is presently 12.81%.

Insider Transactions at HCA Healthcare

In related news, COO Jon M. Foster sold 15,698 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $369.32, for a total transaction of $5,797,585.36. Following the sale, the chief operating officer directly owned 12,646 shares in the company, valued at approximately $4,670,420.72. This represents a 55.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.30% of the stock is owned by company insiders.

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.