Pinnacle Financial Partners Inc. boosted its holdings in shares of HCA Healthcare, Inc. (NYSE:HCA) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 137,064 shares of the company’s stock after buying an additional 791 shares during the quarter. HCA Healthcare makes up approximately 1.0% of Pinnacle Financial Partners Inc.’s investment portfolio, making the stock its 20th largest position. Pinnacle Financial Partners Inc.’s holdings in HCA Healthcare were worth $19,907,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in HCA. Sanders Capital LLC raised its holdings in HCA Healthcare by 3.8% in the 3rd quarter. Sanders Capital LLC now owns 7,133,533 shares of the company’s stock valued at $955,924,000 after acquiring an additional 259,582 shares during the period. FMR LLC boosted its holdings in shares of HCA Healthcare by 42.3% during the second quarter. FMR LLC now owns 2,148,926 shares of the company’s stock worth $208,575,000 after acquiring an additional 638,628 shares during the period. Caisse DE Depot ET Placement DU Quebec grew its position in shares of HCA Healthcare by 1,884.5% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,805,900 shares of the company’s stock valued at $225,160,000 after purchasing an additional 1,714,900 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of HCA Healthcare by 28.1% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,728,319 shares of the company’s stock worth $215,487,000 after purchasing an additional 379,387 shares during the period. Finally, UBS Asset Management Americas Inc. lifted its holdings in HCA Healthcare by 14.7% during the 3rd quarter. UBS Asset Management Americas Inc. now owns 1,449,192 shares of the company’s stock worth $180,685,000 after purchasing an additional 185,477 shares during the last quarter. 58.98% of the stock is currently owned by hedge funds and other institutional investors.
In related news, SVP P. Martin Paslick sold 850 shares of the business’s stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $133.50, for a total value of $113,475.00. Following the sale, the senior vice president now directly owns 1,771 shares in the company, valued at approximately $236,428.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Bill B. Rutherford sold 36,250 shares of the company’s stock in a transaction dated Thursday, November 5th. The shares were sold at an average price of $139.33, for a total transaction of $5,050,712.50. Following the sale, the chief financial officer now directly owns 61,145 shares in the company, valued at $8,519,332.85. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 221,698 shares of company stock valued at $30,791,294. Insiders own 1.80% of the company’s stock.
NYSE HCA traded down $1.77 during trading hours on Wednesday, reaching $170.47. The company’s stock had a trading volume of 860,454 shares, compared to its average volume of 1,463,557. The stock has a market cap of $57.68 billion, a P/E ratio of 17.42, a P/E/G ratio of 2.02 and a beta of 1.57. The firm has a fifty day simple moving average of $161.63 and a 200-day simple moving average of $136.10. The company has a debt-to-equity ratio of 23.70, a current ratio of 1.13 and a quick ratio of 1.00. HCA Healthcare, Inc. has a 52 week low of $58.38 and a 52 week high of $174.55.
HCA Healthcare (NYSE:HCA) last issued its quarterly earnings results on Monday, October 26th. The company reported $1.92 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.69 by ($0.77). HCA Healthcare had a return on equity of 2,032.72% and a net margin of 6.70%. The business had revenue of $13.31 billion for the quarter, compared to analyst estimates of $12.92 billion. During the same quarter in the previous year, the business posted $2.23 earnings per share. The business’s revenue was up 4.9% on a year-over-year basis. On average, research analysts expect that HCA Healthcare, Inc. will post 7.01 earnings per share for the current year.
The company also recently disclosed a — dividend, which will be paid on Wednesday, January 13th. Shareholders of record on Thursday, December 31st will be given a $0.2678 dividend. The ex-dividend date is Wednesday, December 30th.
HCA Healthcare Company Profile
HCA Healthcare, Inc, through its subsidiaries, operates as a health care services company in the United States. The company operates general, acute care hospitals that offer 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 services.
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