Strs Ohio Buys Shares of 77,456 HCA Healthcare, Inc. $HCA

Key Points

• Strs Ohio has made a new investment of approximately $26.77 million in HCA Healthcare, acquiring 77,456 shares of the company.
• A number of large investors have recently increased their stakes in HCA, contributing to the institutional investors holding 62.73% of the company’s stock.
• HCA Healthcare announced a quarterly dividend of $0.72 per share, with a dividend yield of 0.7% and a payout ratio of 12.11%.

Strs Ohio purchased a new stake in HCA Healthcare, Inc. (NYSE:HCA - Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 77,456 shares of the company's stock, valued at approximately $26,765,000.

Other hedge funds also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of HCA Healthcare by 11.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,454 shares of the company's stock valued at $8,796,000 after purchasing an additional 2,698 shares during the last quarter. Brown Advisory Inc. lifted its holdings in shares of HCA Healthcare by 53.9% during the 1st quarter. Brown Advisory Inc. now owns 4,630 shares of the company's stock valued at $1,600,000 after acquiring an additional 1,622 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of HCA Healthcare by 26.9% during the 1st quarter. Farther Finance Advisors LLC now owns 1,141 shares of the company's stock valued at $395,000 after acquiring an additional 242 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of HCA Healthcare by 2.5% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 4,314 shares of the company's stock valued at $1,491,000 after acquiring an additional 105 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of HCA Healthcare by 17.6% during the 1st quarter. GAMMA Investing LLC now owns 4,931 shares of the company's stock valued at $1,704,000 after acquiring an additional 737 shares in the last quarter. Institutional investors and hedge funds own 62.73% of the company's stock.

HCA Healthcare Stock Down 0.4%

Shares of HCA traded down $1.73 during midday trading on Monday, hitting $403.40. The company had a trading volume of 897,477 shares, compared to its average volume of 1,104,853. HCA Healthcare, Inc. has a 52 week low of $289.98 and a 52 week high of $420.98. The company's 50 day moving average price is $383.38 and its 200 day moving average price is $364.05. The company has a quick ratio of 0.86, a current ratio of 0.98 and a debt-to-equity ratio of 69.07. The stock has a market cap of $94.39 billion, a price-to-earnings ratio of 16.96, a PEG ratio of 1.27 and a beta of 1.41.

HCA Healthcare (NYSE:HCA - Get Free Report) last posted its quarterly earnings results on Friday, July 25th. The company reported $6.84 EPS for the quarter, beating the consensus estimate of $6.20 by $0.64. HCA Healthcare had a net margin of 8.21% and a negative return on equity of 7,363.11%. The business had revenue of $18.61 billion during the quarter, compared to analyst estimates of $18.49 billion. During the same period in the previous year, the business posted $5.50 EPS. The company's quarterly revenue was up 6.4% on a year-over-year basis. HCA Healthcare has set its FY 2025 guidance at 25.500-27.000 EPS. On average, equities research analysts predict that HCA Healthcare, Inc. will post 24.98 EPS for the current year.

HCA Healthcare Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on HCA. Morgan Stanley reduced their target price on shares of HCA Healthcare from $410.00 to $400.00 and set an "equal weight" rating on the stock in a report on Monday, July 28th. Robert W. Baird lifted their price target on shares of HCA Healthcare from $380.00 to $423.00 and gave the stock a "neutral" rating in a research note on Thursday, August 14th. Stephens raised shares of HCA Healthcare to a "strong-buy" rating in a research note on Monday, June 2nd. Bank of America lifted their price target on shares of HCA Healthcare from $375.00 to $410.00 and gave the stock a "neutral" rating in a research note on Wednesday, September 10th. Finally, Wells Fargo & Company dropped their target price on shares of HCA Healthcare from $385.00 to $375.00 and set an "equal weight" rating for the company in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $403.17.

Insider Transactions at HCA Healthcare

In other HCA Healthcare news, EVP Michael S. Cuffe sold 3,836 shares of the business's stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $418.84, for a total transaction of $1,606,670.24. Following the completion of the transaction, the executive vice president directly owned 31,503 shares of the company's stock, valued at $13,194,716.52. The trade was a 10.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.30% of the stock is owned by 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.