Swiss National Bank decreased its stake in HCA Healthcare, Inc. (NYSE:HCA – Free Report) by 6.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 546,800 shares of the company’s stock after selling 36,300 shares during the period. Swiss National Bank owned 0.22% of HCA Healthcare worth $164,122,000 as of its most recent filing with the SEC.
Several other hedge funds have also added to or reduced their stakes in the stock. FMR LLC increased its stake in shares of HCA Healthcare by 322.3% in the third quarter. FMR LLC now owns 3,141,769 shares of the company’s stock worth $1,276,909,000 after purchasing an additional 2,397,883 shares in the last quarter. Principal Financial Group Inc. grew its stake in HCA Healthcare by 120.1% during the fourth quarter. Principal Financial Group Inc. now owns 873,775 shares of the company’s stock valued at $262,264,000 after acquiring an additional 476,756 shares in the last quarter. Meritage Group LP purchased a new position in HCA Healthcare during the third quarter valued at approximately $150,548,000. Raymond James Financial Inc. purchased a new position in HCA Healthcare during the fourth quarter valued at approximately $74,121,000. Finally, Canoe Financial LP lifted its position in HCA Healthcare by 226,952.9% during the fourth quarter. Canoe Financial LP now owns 231,594 shares of the company’s stock valued at $69,513,000 after purchasing an additional 231,492 shares during the last quarter. Institutional investors own 62.73% of the company’s stock.
Insider Transactions at HCA Healthcare
In related news, SVP Jennifer Berres sold 9,533 shares of the stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $322.59, for a total transaction of $3,075,250.47. Following the sale, the senior vice president now directly owns 15,412 shares of the company’s stock, valued at approximately $4,971,757.08. This represents a 38.22 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.60% of the company’s stock.
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on HCA Healthcare
HCA Healthcare Stock Up 0.6 %
Shares of HCA Healthcare stock opened at $314.71 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.97 and a debt-to-equity ratio of 69.07. The company’s fifty day simple moving average is $318.53 and its two-hundred day simple moving average is $346.05. The company has a market cap of $77.48 billion, a P/E ratio of 14.32, a PEG ratio of 1.10 and a beta of 1.68. HCA Healthcare, Inc. has a 12-month low of $289.98 and a 12-month high of $417.14.
HCA Healthcare (NYSE:HCA – Get Free Report) last issued its quarterly earnings data on Friday, January 24th. The company reported $6.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.03 by $0.19. HCA Healthcare had a net margin of 8.16% and a return on equity of 586.47%. During the same quarter in the prior year, the company posted $5.90 EPS. Research analysts anticipate that HCA Healthcare, Inc. will post 24.98 EPS for the current year.
HCA Healthcare Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a $0.72 dividend. The ex-dividend date is Monday, March 17th. This is an increase from HCA Healthcare’s previous quarterly dividend of $0.66. This represents a $2.88 dividend on an annualized basis and a dividend yield of 0.92%. HCA Healthcare’s dividend payout ratio is currently 13.11%.
About HCA Healthcare
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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