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HCA Healthcare, Inc. (NYSE:HCA) Shares Acquired by Silvercrest Asset Management Group LLC

HCA Healthcare logo with Medical background

Silvercrest Asset Management Group LLC raised its position in shares of HCA Healthcare, Inc. (NYSE:HCA - Free Report) by 1,760.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,464 shares of the company's stock after buying an additional 30,719 shares during the quarter. Silvercrest Asset Management Group LLC's holdings in HCA Healthcare were worth $9,744,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Congress Wealth Management LLC DE increased its stake in HCA Healthcare by 3.4% during the fourth quarter. Congress Wealth Management LLC DE now owns 1,039 shares of the company's stock worth $312,000 after acquiring an additional 34 shares during the last quarter. Evergreen Private Wealth LLC raised its stake in shares of HCA Healthcare by 0.3% during the fourth quarter. Evergreen Private Wealth LLC now owns 12,787 shares of the company's stock valued at $3,838,000 after acquiring an additional 35 shares in the last quarter. Mediolanum International Funds Ltd lifted its position in shares of HCA Healthcare by 0.3% in the 4th quarter. Mediolanum International Funds Ltd now owns 10,592 shares of the company's stock worth $3,153,000 after purchasing an additional 36 shares during the period. Prairie Wealth Advisors Inc. boosted its holdings in shares of HCA Healthcare by 6.1% in the 4th quarter. Prairie Wealth Advisors Inc. now owns 700 shares of the company's stock valued at $210,000 after buying an additional 40 shares in the last quarter. Finally, Whittier Trust Co. grew its stake in shares of HCA Healthcare by 3.6% during the fourth quarter. Whittier Trust Co. now owns 1,195 shares of the company's stock worth $359,000 after acquiring an additional 41 shares during the last quarter. 62.73% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at HCA Healthcare

In other news, COO Jon M. Foster sold 15,698 shares of the company's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $369.32, for a total transaction of $5,797,585.36. Following the completion of the transaction, the chief operating officer now directly owns 12,646 shares of the company's stock, valued at approximately $4,670,420.72. This represents a 55.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.30% of the stock is currently owned by company insiders.

HCA Healthcare Trading Down 0.9%

Shares of NYSE HCA traded down $3.62 during mid-day trading on Wednesday, reaching $382.43. 1,118,243 shares of the company's stock were exchanged, compared to its average volume of 1,436,125. The firm has a market capitalization of $92.00 billion, a price-to-earnings ratio of 17.41, a PEG ratio of 1.10 and a beta of 1.46. HCA Healthcare, Inc. has a 52-week low of $289.98 and a 52-week high of $417.14. The company's 50-day moving average is $343.61 and its 200-day moving average is $328.91. The company has a debt-to-equity ratio of 69.07, a quick ratio of 0.97 and a current ratio of 1.08.

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 the consensus estimate of $5.75 by $0.70. HCA Healthcare had a net margin of 8.16% and a return on equity of 586.47%. The firm had revenue of $18.32 billion for the quarter, compared to analyst estimates of $18.26 billion. During the same period in the prior year, the business posted $5.36 EPS. The business's revenue for the quarter was up 5.7% compared to the same quarter last year. Analysts expect that HCA Healthcare, Inc. will post 24.98 EPS for the current fiscal year.

HCA Healthcare Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend is Monday, June 16th. HCA Healthcare's payout ratio is currently 12.81%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Cantor Fitzgerald reiterated an "overweight" rating and issued a $405.00 price target on shares of HCA Healthcare in a report on Monday, January 27th. Robert W. Baird reaffirmed a "neutral" rating and issued a $336.00 price target (down from $396.00) on shares of HCA Healthcare in a report on Tuesday, April 15th. StockNews.com raised HCA Healthcare from a "hold" rating to a "buy" rating in a report on Monday, April 28th. Royal Bank of Canada reduced their price target on HCA Healthcare from $384.00 to $376.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. Finally, Guggenheim started coverage on HCA Healthcare in a research report on Wednesday, April 9th. They set a "neutral" rating on the stock. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $381.13.

Check Out Our Latest Stock Analysis on HCA

HCA Healthcare Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for HCA Healthcare (NYSE:HCA)

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