Osmosis Investment Management UK Ltd Makes New $1.79 Million Investment in HCA Healthcare, Inc. $HCA

Osmosis Investment Management UK Ltd purchased a new position in shares of HCA Healthcare, Inc. (NYSE:HCA - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,602 shares of the company's stock, valued at approximately $1,794,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Palisade Asset Management LLC acquired a new stake in HCA Healthcare during the third quarter valued at approximately $26,000. Ares Financial Consulting LLC bought a new position in shares of HCA Healthcare during the 4th quarter worth approximately $31,000. Cedar Mountain Advisors LLC bought a new stake in HCA Healthcare in the first quarter valued at $33,000. MCF Advisors LLC lifted its holdings in shares of HCA Healthcare by 213.0% during the fourth quarter. MCF Advisors LLC now owns 72 shares of the company's stock valued at $34,000 after acquiring an additional 49 shares during the period. Finally, MidFirst Bank acquired a new stake in shares of HCA Healthcare during the 2nd quarter worth about $28,000. Institutional investors own 62.73% of the company's stock.

Wall Street Analyst Weigh In

HCA has been the topic of several research analyst reports. Wells Fargo & Company upped their price objective on shares of HCA Healthcare from $369.00 to $381.00 and gave the stock an "equal weight" rating in a research note on Monday, August 3rd. Truist Financial decreased their price target on HCA Healthcare from $535.00 to $495.00 and set a "buy" rating on the stock in a research report on Monday, July 27th. Oppenheimer cut their price objective on HCA Healthcare from $520.00 to $485.00 and set an "outperform" rating for the company in a research report on Monday, July 27th. JPMorgan Chase & Co. reduced their target price on shares of HCA Healthcare from $490.00 to $425.00 and set a "neutral" rating on the stock in a research report on Thursday, August 20th. Finally, Deutsche Bank Aktiengesellschaft set a $476.00 price target on shares of HCA Healthcare in a report 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 issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $462.64.

HCA Healthcare Trading Down 0.0%

HCA Healthcare stock opened at $429.19 on Tuesday. HCA Healthcare, Inc. has a 1 year low of $353.99 and a 1 year high of $556.52. The company's 50-day moving average is $397.94 and its two-hundred day moving average is $443.28. The company has a market cap of $92.92 billion, a PE ratio of 14.37, a PEG ratio of 1.49 and a beta of 1.10.

HCA Healthcare (NYSE:HCA - Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The company reported $7.59 earnings per share for the quarter, topping analysts' consensus estimates 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%. HCA Healthcare's revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.84 earnings per share. Research analysts forecast that HCA Healthcare, Inc. will post 29.47 EPS for the current year.

HCA Healthcare Dividend Announcement

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

HCA Healthcare Company Profile

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.

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