Sumitomo Mitsui Asset Management Company LTD raised its position in shares of HCA Holdings Inc. (NYSE:HCA) by 0.8% during the second quarter, Holdings Channel reports. The firm owned 24,839 shares of the company’s stock after buying an additional 187 shares during the period. Sumitomo Mitsui Asset Management Company LTD’s holdings in HCA Holdings were worth $1,912,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Bank of Montreal Can acquired a new stake in HCA Holdings during the second quarter worth $97,276,000. Old Mutual Global Investors UK Ltd. boosted its stake in HCA Holdings by 1,034.9% in the second quarter. Old Mutual Global Investors UK Ltd. now owns 1,236,077 shares of the company’s stock worth $95,190,000 after buying an additional 1,127,160 shares during the period. AXA boosted its stake in HCA Holdings by 135.4% in the first quarter. AXA now owns 1,324,720 shares of the company’s stock worth $103,394,000 after buying an additional 761,920 shares during the period. Magnetar Financial LLC boosted its stake in HCA Holdings by 4,458.6% in the first quarter. Magnetar Financial LLC now owns 278,484 shares of the company’s stock worth $21,736,000 after buying an additional 272,375 shares during the period. Finally, Canada Pension Plan Investment Board boosted its stake in HCA Holdings by 65.3% in the first quarter. Canada Pension Plan Investment Board now owns 467,808 shares of the company’s stock worth $36,512,000 after buying an additional 184,800 shares during the period. Institutional investors and hedge funds own 72.82% of the company’s stock.
Shares of HCA Holdings Inc. (NYSE:HCA) traded up 0.09% during midday trading on Monday, reaching $80.39. The company’s stock had a trading volume of 2,183,828 shares. The stock has a 50-day moving average price of $75.91 and a 200-day moving average price of $77.65. HCA Holdings Inc. has a 52-week low of $60.07 and a 52-week high of $83.69. The stock has a market cap of $30.44 billion, a price-to-earnings ratio of 13.93 and a beta of 0.89.
HCA Holdings (NYSE:HCA) last released its quarterly earnings results on Thursday, July 28th. The company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.56 by $0.10. The business earned $10.32 billion during the quarter, compared to analyst estimates of $10.49 billion. HCA Holdings had a negative return on equity of 42.19% and a net margin of 5.75%. HCA Holdings’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.37 EPS. Equities research analysts anticipate that HCA Holdings Inc. will post $6.58 earnings per share for the current fiscal year.
A number of research analysts have commented on HCA shares. Credit Suisse Group AG reaffirmed a “buy” rating on shares of HCA Holdings in a report on Tuesday, June 28th. Zacks Investment Research raised HCA Holdings from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a report on Tuesday, July 5th. Mizuho reaffirmed a “buy” rating and issued a $102.00 price objective on shares of HCA Holdings in a report on Thursday, July 14th. JPMorgan Chase & Co. lowered HCA Holdings from an “overweight” rating to a “neutral” rating and set a $85.00 price objective on the stock. in a report on Friday, July 29th. Finally, Citigroup Inc. decreased their price objective on HCA Holdings from $86.00 to $85.00 and set a “neutral” rating on the stock in a report on Friday, July 29th. Eight equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. HCA Holdings has an average rating of “Buy” and a consensus price target of $87.20.
About HCA Holdings
HCA Holdings, Inc is a healthcare services company. The Company’s segment is operating hospitals and related healthcare entities. The Company operates approximately 168 hospitals, consisting of 164 general, acute care hospitals; three psychiatric hospitals, and one rehabilitation hospital. In addition, the Company operates approximately 116 freestanding surgery centers.
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