Monument Capital Management purchased a new position in shares of HCA Healthcare, Inc. (NYSE:HCA – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 611 shares of the company’s stock, valued at approximately $234,000.
A number of other hedge funds have also bought and sold shares of the business. Brighton Jones LLC purchased a new stake in HCA Healthcare in the fourth quarter worth $1,021,000. Farther Finance Advisors LLC increased its position in HCA Healthcare by 26.9% in the first quarter. Farther Finance Advisors LLC now owns 1,141 shares of the company’s stock worth $395,000 after buying an additional 242 shares during the last quarter. Pallas Capital Advisors LLC purchased a new stake in HCA Healthcare in the first quarter worth $357,000. GAMMA Investing LLC increased its position in HCA Healthcare by 17.6% in the first quarter. GAMMA Investing LLC now owns 4,931 shares of the company’s stock worth $1,704,000 after buying an additional 737 shares during the last quarter. Finally, Simplicity Wealth LLC increased its position in HCA Healthcare by 22.4% in the first quarter. Simplicity Wealth LLC now owns 933 shares of the company’s stock worth $322,000 after buying an additional 171 shares during the last quarter. 62.73% of the stock is currently owned by institutional investors.
Insider Transactions at HCA Healthcare
In related news, EVP Michael S. Cuffe sold 3,836 shares of the business’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $418.84, for a total transaction of $1,606,670.24. Following the transaction, the executive vice president owned 31,503 shares in the company, valued at $13,194,716.52. The trade was a 10.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.30% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
View Our Latest Stock Analysis on HCA Healthcare
HCA Healthcare Stock Down 1.0%
Shares of HCA stock opened at $414.73 on Friday. The business has a 50-day moving average price of $405.12 and a two-hundred day moving average price of $375.58. HCA Healthcare, Inc. has a 12-month low of $289.98 and a 12-month high of $439.01. The firm has a market cap of $97.04 billion, a P/E ratio of 17.43, a price-to-earnings-growth ratio of 1.32 and a beta of 1.40.
HCA Healthcare (NYSE:HCA – Get Free Report) last issued its quarterly earnings results on Friday, July 25th. The company reported $6.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.20 by $0.64. HCA Healthcare had a negative return on equity of 7,363.11% and a net margin of 8.21%.The firm had revenue of $18.61 billion during the quarter, compared to analyst estimates of $18.49 billion. During the same quarter in the previous year, the company posted $5.50 earnings per share. The company’s revenue was up 6.4% compared to the same quarter last year. HCA Healthcare has set its FY 2025 guidance at 25.500-27.000 EPS. As a group, research analysts expect that HCA Healthcare, Inc. will post 24.98 EPS for the current fiscal year.
HCA Healthcare Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th were paid a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, September 16th. HCA Healthcare’s payout ratio is 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.
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