HCA Healthcare, Inc. (NYSE:HCA) Shares Acquired by LGT Group Foundation

Key Points

• LGT Group Foundation has increased its holdings in HCA Healthcare, Inc. by 4.0%, owning 19,268 shares worth approximately $6.66 million after purchasing an additional 742 shares.
• HCA Healthcare reported $6.84 EPS for the last quarter, exceeding estimates, with revenues of $18.61 billion, a 6.4% increase year-over-year.
• The company announced a quarterly dividend of $0.72 per share, representing an annualized yield of 0.7%, payable on September 30th to shareholders of record on September 16th.

LGT Group Foundation lifted its position in shares of HCA Healthcare, Inc. (NYSE:HCA - Free Report) by 4.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,268 shares of the company's stock after purchasing an additional 742 shares during the quarter. LGT Group Foundation's holdings in HCA Healthcare were worth $6,658,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in HCA Healthcare during the 4th quarter worth $1,021,000. Advisors Capital Management LLC boosted its stake in HCA Healthcare by 1.8% during the 4th quarter. Advisors Capital Management LLC now owns 3,997 shares of the company's stock worth $1,200,000 after purchasing an additional 72 shares during the last quarter. SageView Advisory Group LLC boosted its stake in HCA Healthcare by 11.7% during the 4th quarter. SageView Advisory Group LLC now owns 839 shares of the company's stock worth $252,000 after purchasing an additional 88 shares during the last quarter. Barclays PLC boosted its stake in HCA Healthcare by 85.7% during the 4th quarter. Barclays PLC now owns 1,061,891 shares of the company's stock worth $318,727,000 after purchasing an additional 489,916 shares during the last quarter. Finally, Mariner LLC boosted its position in shares of HCA Healthcare by 0.9% during the 4th quarter. Mariner LLC now owns 88,969 shares of the company's stock valued at $26,704,000 after acquiring an additional 823 shares during the last quarter. Institutional investors and hedge funds own 62.73% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on HCA shares. JPMorgan Chase & Co. boosted their price target on shares of HCA Healthcare from $360.00 to $370.00 and gave the company a "neutral" rating in a research report on Monday, August 4th. Robert W. Baird increased their target price on shares of HCA Healthcare from $380.00 to $423.00 and gave the stock a "neutral" rating in a research note on Thursday. Bank of America lowered shares of HCA Healthcare from a "buy" rating to a "neutral" rating and set a $394.00 target price for the company. in a research note on Wednesday, July 16th. Royal Bank Of Canada reduced their price target on shares of HCA Healthcare from $404.00 to $401.00 and set an "outperform" rating on the stock in a research report on Monday, July 28th. Finally, Wall Street Zen raised shares of HCA Healthcare from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th. Nine analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $398.58.

HCA Healthcare Stock Up 0.6%

HCA stock traded up $2.18 during midday trading on Friday, reaching $395.83. 1,251,407 shares of the company were exchanged, compared to its average volume of 1,577,483. The company has a debt-to-equity ratio of 69.07, a quick ratio of 0.86 and a current ratio of 0.98. HCA Healthcare, Inc. has a 1-year low of $289.98 and a 1-year high of $417.14. The stock's 50-day simple moving average is $370.31 and its 200 day simple moving average is $351.00. The company has a market cap of $92.62 billion, a price-to-earnings ratio of 16.64, a price-to-earnings-growth ratio of 1.23 and a beta of 1.39.

HCA Healthcare (NYSE:HCA - Get Free Report) last posted its quarterly earnings data on Friday, July 25th. The company reported $6.84 earnings per share for the quarter, beating analysts' consensus estimates of $6.20 by $0.64. The firm had revenue of $18.61 billion for the quarter, compared to analyst estimates of $18.49 billion. HCA Healthcare had a net margin of 8.21% and a negative return on equity of 7,363.11%. HCA Healthcare's quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the firm posted $5.50 EPS. On average, equities analysts forecast that HCA Healthcare, Inc. will post 24.98 earnings per share for the current year.

HCA Healthcare Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th will be paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, September 16th. HCA Healthcare's payout ratio is 12.11%.

HCA Healthcare Company 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.