Deborah M. Reiner Sells 723 Shares of HCA Healthcare Inc (HCA) Stock

HCA Healthcare Inc (NYSE:HCA) SVP Deborah M. Reiner sold 723 shares of HCA Healthcare stock in a transaction dated Monday, November 5th. The stock was sold at an average price of $135.06, for a total value of $97,648.38. Following the sale, the senior vice president now owns 6,184 shares of the company’s stock, valued at approximately $835,211.04. The transaction was disclosed in a document filed with the SEC, which is available at this link.

HCA opened at $141.65 on Thursday. The stock has a market capitalization of $46.80 billion, a price-to-earnings ratio of 21.49, a price-to-earnings-growth ratio of 1.19 and a beta of 0.48. HCA Healthcare Inc has a 12 month low of $74.26 and a 12 month high of $141.89.

HCA Healthcare (NYSE:HCA) last posted its quarterly earnings results on Tuesday, October 30th. The company reported $2.16 EPS for the quarter, beating the consensus estimate of $1.93 by $0.23. The company had revenue of $11.45 billion during the quarter, compared to analysts’ expectations of $11.29 billion. HCA Healthcare had a negative return on equity of 73.71% and a net margin of 6.82%. The firm’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.13 EPS. As a group, equities research analysts forecast that HCA Healthcare Inc will post 9.35 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Stockholders of record on Monday, December 3rd will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Friday, November 30th. HCA Healthcare’s dividend payout ratio is currently 21.24%.

HCA has been the subject of a number of recent research reports. Jefferies Financial Group reiterated a “buy” rating and set a $135.00 price objective on shares of HCA Healthcare in a research report on Thursday, July 26th. SunTrust Banks lifted their price objective on HCA Healthcare to $145.00 and gave the stock a “buy” rating in a research report on Thursday, July 26th. Cantor Fitzgerald reiterated a “buy” rating and set a $115.00 price objective on shares of HCA Healthcare in a research report on Friday, July 20th. ValuEngine upgraded HCA Healthcare from a “hold” rating to a “buy” rating in a research report on Wednesday, July 18th. Finally, Zacks Investment Research upgraded HCA Healthcare from a “hold” rating to a “buy” rating and set a $119.00 price target for the company in a report on Monday, July 16th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and sixteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $141.53.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HCA. Smithfield Trust Co. lifted its position in HCA Healthcare by 541.9% during the 2nd quarter. Smithfield Trust Co. now owns 995 shares of the company’s stock worth $102,000 after acquiring an additional 840 shares in the last quarter. Signet Financial Management LLC bought a new stake in shares of HCA Healthcare in the 2nd quarter valued at approximately $137,000. Adviser Investments LLC bought a new stake in shares of HCA Healthcare in the 2nd quarter valued at approximately $159,000. Bridgeworth LLC bought a new stake in shares of HCA Healthcare in the 2nd quarter valued at approximately $173,000. Finally, Hyman Charles D bought a new stake in shares of HCA Healthcare in the 2nd quarter valued at approximately $205,000. 70.84% of the stock is currently owned by institutional investors and hedge funds.

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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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