Princeton Alpha Management LP bought a new position in shares of HCA Holdings Inc (NYSE:HCA) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 18,858 shares of the company’s stock, valued at approximately $1,678,000. HCA Holdings makes up approximately 0.6% of Princeton Alpha Management LP’s portfolio, making the stock its 25th largest position.
A number of other institutional investors also recently modified their holdings of HCA. Fishman Jay A Ltd. MI boosted its stake in HCA Holdings by 1.7% in the third quarter. Fishman Jay A Ltd. MI now owns 5,840 shares of the company’s stock worth $442,000 after buying an additional 100 shares during the period. Cryder Capital Partners LLP boosted its stake in HCA Holdings by 32.2% in the third quarter. Cryder Capital Partners LLP now owns 314,531 shares of the company’s stock worth $23,788,000 after buying an additional 76,630 shares during the period. Three Peaks Capital Management LLC boosted its stake in HCA Holdings by 5.6% in the third quarter. Three Peaks Capital Management LLC now owns 58,458 shares of the company’s stock worth $4,421,000 after buying an additional 3,115 shares during the period. Silver Capital Management LLC boosted its stake in HCA Holdings by 4.8% in the third quarter. Silver Capital Management LLC now owns 15,915 shares of the company’s stock worth $1,204,000 after buying an additional 730 shares during the period. Finally, NEXT Financial Group Inc boosted its stake in HCA Holdings by 25.5% in the third quarter. NEXT Financial Group Inc now owns 4,672 shares of the company’s stock worth $353,000 after buying an additional 950 shares during the period. Institutional investors own 72.27% of the company’s stock.
HCA Holdings Inc (NYSE:HCA) traded up 1.10% during trading on Friday, hitting $82.15. 1,965,408 shares of the stock traded hands. The company has a market capitalization of $30.14 billion, a P/E ratio of 11.16 and a beta of 0.71. The company’s 50 day moving average is $85.36 and its 200 day moving average is $80.65. HCA Holdings Inc has a one year low of $67.00 and a one year high of $91.03.
HCA Holdings (NYSE:HCA) last released its quarterly earnings data on Tuesday, May 2nd. The company reported $1.74 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.74. HCA Holdings had a net margin of 6.84% and a negative return on equity of 44.79%. The firm had revenue of $10.62 billion for the quarter, compared to the consensus estimate of $10.64 billion. During the same quarter in the prior year, the company posted $1.71 earnings per share. The business’s revenue was up 3.5% on a year-over-year basis. On average, equities analysts forecast that HCA Holdings Inc will post $7.37 EPS for the current fiscal year.
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Several brokerages recently commented on HCA. Mizuho raised HCA Holdings from a “neutral” rating to a “buy” rating and set a $98.00 target price on the stock in a report on Monday, March 27th. Zacks Investment Research raised HCA Holdings from a “hold” rating to a “buy” rating and set a $92.00 target price on the stock in a report on Friday, February 3rd. Cantor Fitzgerald reissued a “buy” rating and set a $95.00 target price on shares of HCA Holdings in a report on Monday, April 17th. Deutsche Bank AG began coverage on HCA Holdings in a report on Tuesday, April 4th. They set a “buy” rating and a $103.00 target price on the stock. Finally, Evercore ISI boosted their target price on HCA Holdings to $88.00 and gave the stock a “buy” rating in a report on Tuesday, January 31st. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. HCA Holdings presently has a consensus rating of “Buy” and an average target price of $90.13.
In related news, SVP Ravi S. Chari sold 31,956 shares of the stock in a transaction dated Monday, March 27th. The shares were sold at an average price of $90.00, for a total transaction of $2,876,040.00. Following the completion of the transaction, the senior vice president now owns 7,754 shares in the company, valued at $697,860. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Michael S. Cuffe sold 2,150 shares of the stock in a transaction dated Monday, April 17th. The shares were sold at an average price of $85.00, for a total transaction of $182,750.00. Following the transaction, the insider now owns 12,254 shares of the company’s stock, valued at approximately $1,041,590. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 295,563 shares of company stock worth $24,820,841. Corporate insiders own 3.10% of the company’s stock.
About HCA Holdings
HCA Holdings, Inc is a holding company. The Company, through its subsidiaries, owns and operates hospitals and related healthcare entities. As of December 31, 2016, the Company operated in two geographically organized groups, including the National and American Groups. As of December 31, 2016, the National Group included 84 hospitals, which were located in Alaska, California, Florida, southern Georgia, Idaho, Indiana, northern Kentucky, Nevada, New Hampshire, South Carolina, Utah and Virginia.
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