AIA Group Ltd Increases Stock Position in HCA Healthcare, Inc. (NYSE:HCA)

AIA Group Ltd boosted its holdings in HCA Healthcare, Inc. (NYSE:HCA) by 5.3% during the third quarter, Holdings Channel.com reports. The firm owned 2,000 shares of the company’s stock after acquiring an additional 100 shares during the quarter. AIA Group Ltd’s holdings in HCA Healthcare were worth $813,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Bangor Savings Bank raised its position in shares of HCA Healthcare by 112.5% in the 2nd quarter. Bangor Savings Bank now owns 85 shares of the company’s stock worth $27,000 after purchasing an additional 45 shares during the last quarter. MFA Wealth Advisors LLC purchased a new stake in shares of HCA Healthcare during the second quarter valued at approximately $27,000. Unique Wealth Strategies LLC purchased a new position in HCA Healthcare in the 2nd quarter worth approximately $28,000. GPS Wealth Strategies Group LLC increased its holdings in shares of HCA Healthcare by 284.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 96 shares of the company’s stock worth $31,000 after purchasing an additional 71 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. bought a new position in shares of HCA Healthcare during the second quarter valued at $33,000. 62.73% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Michael S. Cuffe sold 8,358 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $385.42, for a total transaction of $3,221,340.36. Following the transaction, the executive vice president now directly owns 29,678 shares of the company’s stock, valued at approximately $11,438,494.76. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on HCA shares. Morgan Stanley assumed coverage on shares of HCA Healthcare in a report on Tuesday, September 3rd. They set an “equal weight” rating and a $427.00 price target on the stock. Wolfe Research upgraded shares of HCA Healthcare to a “strong-buy” rating in a research note on Thursday, August 29th. TD Cowen cut their price objective on HCA Healthcare from $450.00 to $440.00 and set a “buy” rating for the company in a report on Monday, October 28th. StockNews.com cut HCA Healthcare from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 4th. Finally, Oppenheimer raised their price objective on shares of HCA Healthcare from $390.00 to $400.00 and gave the stock an “outperform” rating in a report on Monday, October 28th. Five investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $379.17.

HCA Healthcare Stock Down 0.5 %

Shares of NYSE:HCA opened at $354.16 on Friday. The company has a debt-to-equity ratio of 48.71, a current ratio of 1.12 and a quick ratio of 1.00. The business has a 50 day simple moving average of $389.61 and a two-hundred day simple moving average of $356.03. HCA Healthcare, Inc. has a 1 year low of $226.48 and a 1 year high of $417.14. The firm has a market capitalization of $89.71 billion, a PE ratio of 15.90, a price-to-earnings-growth ratio of 1.34 and a beta of 1.68.

HCA Healthcare Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a dividend of $0.66 per share. The ex-dividend date is Friday, December 13th. This represents a $2.64 annualized dividend and a dividend yield of 0.75%. HCA Healthcare’s dividend payout ratio (DPR) is 11.85%.

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.