HCA Healthcare, Inc. $HCA Stake Raised by National Pension Service

National Pension Service increased its holdings in HCA Healthcare, Inc. (NYSE:HCA) by 0.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 591,578 shares of the company’s stock after purchasing an additional 2,820 shares during the quarter. National Pension Service owned 0.27% of HCA Healthcare worth $230,650,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Palisade Asset Management LLC acquired a new stake in shares of HCA Healthcare during the third quarter valued at approximately $26,000. Cedar Mountain Advisors LLC acquired a new stake in HCA Healthcare during the 1st quarter valued at $33,000. MCF Advisors LLC boosted its position in shares of HCA Healthcare by 213.0% in the fourth quarter. MCF Advisors LLC now owns 72 shares of the company’s stock worth $34,000 after buying an additional 49 shares during the period. MidFirst Bank acquired a new position in HCA Healthcare during the second quarter valued at $28,000. Finally, Clearstead Trust LLC purchased a new stake in HCA Healthcare in the 2nd quarter worth about $29,000. Institutional investors and hedge funds own 62.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on HCA shares. TD Cowen dropped their price objective on shares of HCA Healthcare from $500.00 to $431.00 and set a “buy” rating on the stock in a research note on Monday, June 22nd. The Goldman Sachs Group dropped their price target on shares of HCA Healthcare from $558.00 to $485.00 and set a “buy” rating on the stock in a research note on Tuesday, July 28th. Jefferies Financial Group set a $450.00 target price on HCA Healthcare in a research note on Tuesday, July 14th. KeyCorp reduced their price target on HCA Healthcare from $475.00 to $435.00 and set an “overweight” rating for the company in a report on Monday, July 27th. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of HCA Healthcare in a research note on Wednesday, July 15th. Fourteen equities research 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 MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $462.64.

HCA Healthcare Trading Down 0.0%

Shares of NYSE HCA opened at $421.78 on Friday. The firm has a market capitalization of $91.32 billion, a price-to-earnings ratio of 14.12, a PEG ratio of 1.39 and a beta of 1.10. The business has a fifty day simple moving average of $404.64 and a 200 day simple moving average of $433.45. HCA Healthcare, Inc. has a one year low of $353.99 and a one year high of $556.52.

HCA Healthcare (NYSE:HCA) last released its quarterly earnings data on Friday, July 24th. The company reported $7.59 EPS for the quarter, topping analysts’ consensus estimates of $7.56 by $0.03. The company had revenue of $20.23 billion during the quarter, compared to the consensus estimate of $19.76 billion. HCA Healthcare had a net margin of 8.77% and a negative return on equity of 244.79%. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period last year, the firm earned $6.84 EPS. On average, research analysts anticipate that HCA Healthcare, Inc. will post 29.42 earnings per share for the current fiscal year.

HCA Healthcare Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, September 16th. HCA Healthcare’s dividend payout ratio is 10.45%.

About HCA Healthcare

HCA Healthcare, Inc (NYSE:HCA) is a healthcare services company that operates hospitals and other healthcare facilities. Its network provides a broad range of medical services, including emergency care, inpatient and outpatient treatment, surgery, diagnostic services, and maternity care.

The company also operates ambulatory surgery centers, urgent care facilities, physician practices, and other outpatient locations. HCA Healthcare serves patients through facilities located across the United States, as well as through HCA Healthcare UK, its healthcare operations in the United Kingdom.

HCA Healthcare was founded in 1968 by Dr.