7,075 Shares in HCA Healthcare, Inc. (NYSE:HCA) Purchased by Oak Harvest Investment Services

Oak Harvest Investment Services bought a new stake in HCA Healthcare, Inc. (NYSE:HCA) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,075 shares of the company’s stock, valued at approximately $2,875,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Adams Diversified Equity Fund Inc. bought a new position in shares of HCA Healthcare in the third quarter valued at about $12,396,000. Hedeker Wealth LLC lifted its position in shares of HCA Healthcare by 3.0% during the third quarter. Hedeker Wealth LLC now owns 11,263 shares of the company’s stock worth $4,577,000 after purchasing an additional 325 shares in the last quarter. PBMares Wealth Management LLC bought a new position in HCA Healthcare in the 3rd quarter worth approximately $222,000. Integrated Advisors Network LLC boosted its position in HCA Healthcare by 0.6% in the 3rd quarter. Integrated Advisors Network LLC now owns 5,132 shares of the company’s stock valued at $2,086,000 after buying an additional 31 shares during the last quarter. Finally, Smith Group Asset Management LLC acquired a new position in shares of HCA Healthcare during the third quarter valued at $23,086,000. 62.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HCA has been the subject of a number of analyst reports. Oppenheimer lifted their target price on shares of HCA Healthcare from $390.00 to $400.00 and gave the stock an “outperform” rating in a report on Monday. Leerink Partners raised their target price on HCA Healthcare from $367.00 to $396.00 and gave the stock an “outperform” rating in a report on Wednesday, July 24th. UBS Group boosted their price objective on shares of HCA Healthcare from $405.00 to $438.00 and gave the company a “buy” rating in a research report on Wednesday, August 14th. Truist Financial boosted their price target on shares of HCA Healthcare from $390.00 to $430.00 and gave the stock a “buy” rating in a research report on Monday, August 19th. Finally, Barclays lifted their target price on HCA Healthcare from $376.00 to $396.00 and gave the company an “overweight” rating in a research report on Wednesday, July 24th. Five research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $379.11.

HCA Healthcare Stock Up 0.1 %

Shares of NYSE:HCA opened at $361.08 on Thursday. The company has a market capitalization of $94.57 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of 1.52 and a beta of 1.67. HCA Healthcare, Inc. has a 52-week low of $223.73 and a 52-week high of $417.14. The company has a debt-to-equity ratio of 27.11, a quick ratio of 0.94 and a current ratio of 1.06. The company has a fifty day moving average of $394.11 and a 200-day moving average of $353.54.

HCA Healthcare Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be paid a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Friday, December 13th. HCA Healthcare’s dividend payout ratio is currently 13.16%.

Insiders Place Their Bets

In other HCA Healthcare news, EVP Michael S. Cuffe sold 8,358 shares of HCA Healthcare stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $385.42, for a total transaction of $3,221,340.36. Following the transaction, the executive vice president now directly owns 29,678 shares of the company’s stock, valued at approximately $11,438,494.76. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.60% of the company’s stock.

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.