Redwood Investments LLC Purchases 58 Shares of HCA Healthcare, Inc. $HCA

Redwood Investments LLC grew its position in HCA Healthcare, Inc. (NYSE:HCA) by 1.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,420 shares of the company’s stock after purchasing an additional 58 shares during the quarter. Redwood Investments LLC’s holdings in HCA Healthcare were worth $1,527,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Financial Strategies Group Inc. raised its position in shares of HCA Healthcare by 13.4% in the first quarter. Financial Strategies Group Inc. now owns 26,878 shares of the company’s stock valued at $9,019,000 after purchasing an additional 3,184 shares during the period. Stance Capital LLC raised its position in shares of HCA Healthcare by 2,419.1% in the first quarter. Stance Capital LLC now owns 14,359 shares of the company’s stock valued at $4,962,000 after purchasing an additional 13,789 shares during the period. UniSuper Management Pty Ltd raised its position in shares of HCA Healthcare by 0.6% in the first quarter. UniSuper Management Pty Ltd now owns 59,668 shares of the company’s stock valued at $20,618,000 after purchasing an additional 358 shares during the period. Plancorp LLC acquired a new stake in shares of HCA Healthcare in the first quarter worth $561,000. Finally, NFJ Investment Group LLC acquired a new stake in shares of HCA Healthcare in the 1st quarter valued at $39,035,000. Institutional investors own 62.73% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Truist Financial boosted their target price on shares of HCA Healthcare from $390.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, July 16th. Cantor Fitzgerald restated an “overweight” rating and issued a $444.00 target price on shares of HCA Healthcare in a research note on Tuesday, August 26th. Stephens upgraded shares of HCA Healthcare to a “strong-buy” rating in a research note on Monday, June 2nd. Wolfe Research downgraded shares of HCA Healthcare from an “outperform” rating to a “peer perform” rating in a research note on Monday, July 28th. Finally, Barclays cut their price target on HCA Healthcare from $416.00 to $390.00 and set an “overweight” rating for the company in a report on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, HCA Healthcare currently has a consensus rating of “Moderate Buy” and an average target price of $401.83.

HCA Healthcare Stock Performance

HCA Healthcare stock opened at $420.68 on Monday. The stock has a 50-day simple moving average of $380.14 and a 200 day simple moving average of $360.39. The company has a quick ratio of 0.86, a current ratio of 0.98 and a debt-to-equity ratio of 69.07. HCA Healthcare, Inc. has a 12-month low of $289.98 and a 12-month high of $420.98. The stock has a market capitalization of $98.43 billion, a price-to-earnings ratio of 17.68, a P/E/G ratio of 1.32 and a beta of 1.41.

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

HCA Healthcare Dividend Announcement

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