Kestra Private Wealth Services LLC Buys 305 Shares of HCA Healthcare, Inc. (NYSE:HCA)

Kestra Private Wealth Services LLC lifted its position in HCA Healthcare, Inc. (NYSE:HCA) by 15.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,288 shares of the company’s stock after buying an additional 305 shares during the period. Kestra Private Wealth Services LLC’s holdings in HCA Healthcare were worth $687,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Creative Planning grew its stake in HCA Healthcare by 37.6% during the 3rd quarter. Creative Planning now owns 47,589 shares of the company’s stock worth $19,342,000 after buying an additional 13,015 shares during the last quarter. Good Life Advisors LLC acquired a new position in shares of HCA Healthcare during the third quarter valued at about $298,000. Global Retirement Partners LLC boosted its stake in HCA Healthcare by 4.0% in the 3rd quarter. Global Retirement Partners LLC now owns 12,010 shares of the company’s stock worth $4,881,000 after purchasing an additional 460 shares in the last quarter. Vista Investment Partners LLC raised its holdings in shares of HCA Healthcare by 1.2% in the third quarter. Vista Investment Partners LLC now owns 8,233 shares of the company’s stock worth $3,346,000 after buying an additional 95 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of HCA Healthcare by 3.7% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 22,729 shares of the company’s stock valued at $9,238,000 after buying an additional 809 shares during the last quarter. Hedge funds and other institutional investors own 62.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on HCA. Bank of America dropped their price target on HCA Healthcare from $380.00 to $370.00 and set a “buy” rating on the stock in a research note on Monday, January 27th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $380.00 price target on shares of HCA Healthcare in a research report on Tuesday, December 17th. TD Cowen cut their price objective on shares of HCA Healthcare from $450.00 to $440.00 and set a “buy” rating on the stock in a research note on Monday, October 28th. Wells Fargo & Company downgraded HCA Healthcare from an “equal weight” rating to an “underweight” rating and cut their price target for the stock from $400.00 to $320.00 in a research report on Monday, November 25th. Finally, KeyCorp lowered their target price on HCA Healthcare from $420.00 to $370.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $385.67.

HCA Healthcare Stock Down 1.8 %

HCA stock opened at $316.18 on Friday. HCA Healthcare, Inc. has a 52 week low of $289.98 and a 52 week high of $417.14. The firm has a 50-day simple moving average of $313.30 and a 200-day simple moving average of $352.55. The company has a quick ratio of 0.97, a current ratio of 1.08 and a debt-to-equity ratio of 69.07. The stock has a market capitalization of $80.09 billion, a P/E ratio of 14.39, a P/E/G ratio of 1.11 and a beta of 1.64.

HCA Healthcare (NYSE:HCA) last posted its quarterly earnings data on Friday, January 24th. The company reported $6.22 EPS for the quarter, beating the consensus estimate of $6.03 by $0.19. HCA Healthcare had a return on equity of 586.47% and a net margin of 8.16%. During the same period in the prior year, the company posted $5.90 earnings per share. Equities analysts forecast that HCA Healthcare, Inc. will post 24.98 earnings per share for the current fiscal year.

HCA Healthcare Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a dividend of $0.72 per share. This is a boost from HCA Healthcare’s previous quarterly dividend of $0.66. This represents a $2.88 annualized dividend and a dividend yield of 0.91%. The ex-dividend date is Monday, March 17th. HCA Healthcare’s payout ratio is currently 13.11%.

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.