Quantbot Technologies LP Purchases New Position in HCA Healthcare, Inc. $HCA

Key Points

• Quantbot Technologies initiated a new HCA Healthcare position in the second quarter, purchasing 8,552 shares valued at approximately $3.3 million. Institutional investors collectively own 62.73% of the company.
• HCA reported quarterly EPS of $7.59, slightly exceeding estimates, while revenue reached $20.23 billion—an 8.7% year-over-year increase. Analysts maintain a “Moderate Buy” consensus with an average price target of $462.64.
• HCA declared a quarterly dividend of $0.78, equivalent to $3.12 annually and a 0.7% yield; the dividend is payable September 30 to shareholders of record on September 16.

Quantbot Technologies LP bought a new position in HCA Healthcare, Inc. (NYSE:HCA - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 8,552 shares of the company's stock, valued at approximately $3,334,000.

Other institutional investors have also recently made changes to their positions in the company. Sumitomo Life Insurance Co. grew its holdings in shares of HCA Healthcare by 1.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 2,026 shares of the company's stock worth $946,000 after purchasing an additional 20 shares in the last quarter. MJP Associates Inc. ADV lifted its stake in HCA Healthcare by 2.9% in the fourth quarter. MJP Associates Inc. ADV now owns 749 shares of the company's stock worth $350,000 after purchasing an additional 21 shares during the last quarter. Cary Street Partners Investment Advisory LLC grew its position in HCA Healthcare by 7.5% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 300 shares of the company's stock worth $140,000 after acquiring an additional 21 shares during the last quarter. Anchyra Partners LLC raised its holdings in HCA Healthcare by 3.7% during the 1st quarter. Anchyra Partners LLC now owns 587 shares of the company's stock valued at $278,000 after buying an additional 21 shares during the last quarter. Finally, Plato Investment Management Ltd raised its stake in shares of HCA Healthcare by 0.6% during the fourth quarter. Plato Investment Management Ltd now owns 3,908 shares of the company's stock valued at $1,833,000 after acquiring an additional 22 shares during the last quarter. Institutional investors own 62.73% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Barclays decreased their price objective on shares of HCA Healthcare from $402.00 to $387.00 and set an "equal weight" rating for the company in a report on Monday, July 27th. Deutsche Bank Aktiengesellschaft set a $476.00 target price on shares of HCA Healthcare in a research report on Monday, July 27th. TD Cowen lowered their target price on shares of HCA Healthcare from $500.00 to $431.00 and set a "buy" rating for the company in a report on Monday, June 22nd. Oppenheimer reduced 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. Finally, Leerink Partners dropped their target price on HCA Healthcare from $573.00 to $500.00 and set an "outperform" rating on the stock in a report on Monday, April 27th. Fourteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $462.64.

HCA Healthcare Stock Down 0.0%

NYSE:HCA opened at $429.08 on Monday. The stock has a market cap of $92.90 billion, a price-to-earnings ratio of 14.36, a PEG ratio of 1.49 and a beta of 1.10. The company's 50 day moving average price is $397.16 and its 200-day moving average price is $443.77. HCA Healthcare, Inc. has a 52 week low of $353.99 and a 52 week high of $556.52.

HCA Healthcare (NYSE:HCA - Get Free Report) last released its quarterly earnings data on Friday, July 24th. The company reported $7.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.56 by $0.03. The business had revenue of $20.23 billion for the quarter, compared to analysts' expectations of $19.76 billion. HCA Healthcare had a negative return on equity of 244.79% and a net margin of 8.77%.The firm's quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the firm posted $6.84 EPS. As a group, sell-side analysts anticipate that HCA Healthcare, Inc. will post 29.47 earnings per share for the current year.

HCA Healthcare Dividend Announcement

The firm 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 annualized dividend and a yield of 0.7%. The ex-dividend date is Wednesday, September 16th. HCA Healthcare's dividend payout ratio (DPR) is presently 10.45%.

About HCA Healthcare

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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