Massmutual Trust Co. FSB ADV Increases Stake in HCA Healthcare Inc (NYSE:HCA)

Massmutual Trust Co. FSB ADV raised its stake in HCA Healthcare Inc (NYSE:HCA) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,993 shares of the company’s stock after purchasing an additional 247 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in HCA Healthcare were worth $1,244,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Chicago Equity Partners LLC grew its holdings in shares of HCA Healthcare by 4.6% during the fourth quarter. Chicago Equity Partners LLC now owns 1,841 shares of the company’s stock valued at $229,000 after buying an additional 81 shares during the last quarter. Quadrant Capital Group LLC grew its holdings in shares of HCA Healthcare by 11.2% during the fourth quarter. Quadrant Capital Group LLC now owns 847 shares of the company’s stock valued at $93,000 after buying an additional 85 shares during the last quarter. Advisor Partners LLC grew its holdings in shares of HCA Healthcare by 2.3% during the fourth quarter. Advisor Partners LLC now owns 5,079 shares of the company’s stock valued at $632,000 after buying an additional 113 shares during the last quarter. Commonwealth Bank of Australia grew its holdings in shares of HCA Healthcare by 4.6% during the fourth quarter. Commonwealth Bank of Australia now owns 2,783 shares of the company’s stock valued at $344,000 after buying an additional 122 shares during the last quarter. Finally, MML Investors Services LLC grew its holdings in shares of HCA Healthcare by 3.4% during the fourth quarter. MML Investors Services LLC now owns 3,663 shares of the company’s stock valued at $456,000 after buying an additional 122 shares during the last quarter. 71.37% of the stock is owned by hedge funds and other institutional investors.

In other news, SVP Deborah M. Reiner sold 466 shares of the business’s stock in a transaction that occurred on Tuesday, February 5th. The shares were sold at an average price of $139.07, for a total value of $64,806.62. Following the sale, the senior vice president now owns 5,037 shares of the company’s stock, valued at $700,495.59. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP J William Morrow sold 263 shares of the business’s stock in a transaction that occurred on Thursday, February 7th. The shares were sold at an average price of $140.60, for a total transaction of $36,977.80. Following the completion of the sale, the senior vice president now directly owns 5,922 shares in the company, valued at approximately $832,633.20. The disclosure for this sale can be found here. Over the last quarter, insiders sold 78,476 shares of company stock worth $10,940,008. Corporate insiders own 2.70% of the company’s stock.

HCA traded up $3.23 during midday trading on Friday, reaching $115.24. The company had a trading volume of 3,832,198 shares, compared to its average volume of 1,821,018. The stock has a market cap of $39.59 billion, a price-to-earnings ratio of 11.80, a PEG ratio of 0.96 and a beta of 0.78. HCA Healthcare Inc has a 12-month low of $93.03 and a 12-month high of $147.42.

HCA Healthcare (NYSE:HCA) last released its earnings results on Tuesday, January 29th. The company reported $2.99 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.59 by $0.40. The firm had revenue of $12.27 billion for the quarter, compared to analysts’ expectations of $12.10 billion. HCA Healthcare had a net margin of 8.11% and a negative return on equity of 91.25%. The company’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.12 earnings per share. On average, sell-side analysts expect that HCA Healthcare Inc will post 10.01 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 1st were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.39%. This is a boost from HCA Healthcare’s previous quarterly dividend of $0.35. The ex-dividend date was Thursday, February 28th. HCA Healthcare’s payout ratio is presently 16.38%.

A number of research analysts have recently issued reports on HCA shares. Zacks Investment Research reiterated a “buy” rating and set a $134.00 price objective on shares of HCA Healthcare in a report on Monday, December 31st. Deutsche Bank assumed coverage on shares of HCA Healthcare in a report on Thursday, January 3rd. They set a “buy” rating and a $140.00 price target on the stock. Stephens assumed coverage on shares of HCA Healthcare in a report on Monday, January 14th. They set an “overweight” rating and a $143.00 price target on the stock. Leerink Swann boosted their price target on shares of HCA Healthcare from $160.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, January 30th. Finally, SunTrust Banks boosted their price target on shares of HCA Healthcare to $175.00 and gave the stock a “buy” rating in a report on Wednesday, January 30th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and seventeen have issued a buy rating to the company. HCA Healthcare currently has a consensus rating of “Buy” and a consensus price target of $148.19.

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About HCA Healthcare

HCA Healthcare, Inc, through its subsidiaries, provides health care services. 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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Institutional Ownership by Quarter for HCA Healthcare (NYSE:HCA)

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