The stock of HCA Holdings Inc (NYSE:HCA) is a huge mover today! The stock increased 4.33% or $3.33 on October 13, hitting $80.21. About 5.83M shares traded hands or 136.03% up from the average. HCA Holdings Inc (NYSE:HCA) has risen 6.50% since March 10, 2016 and is uptrending. It has underperformed by 1.02% the S&P500.
The move comes after 9 months positive chart setup for the $30.82 billion company. It was reported on Oct, 13 by Barchart.com. We have $117.11 PT which if reached, will make NYSE:HCA worth $14.18B more.
Analysts await HCA Holdings Inc (NYSE:HCA) to report earnings on October, 25. They expect $1.44 earnings per share, up 23.08% or $0.27 from last year’s $1.17 per share. HCA’s profit will be $553.31 million for 13.93 P/E if the $1.44 EPS becomes a reality. After $1.66 actual earnings per share reported by HCA Holdings Inc for the previous quarter, Wall Street now forecasts -13.25% negative EPS growth.
HCA Holdings Inc (NYSE:HCA) Ratings Coverage
Out of 18 analysts covering HCA Holdings (NYSE:HCA), 10 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 56% are positive. HCA Holdings has been the topic of 37 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Credit Suisse maintained the stock with “Outperform” rating in Thursday, March 24 report. The company was upgraded on Monday, March 14 by JP Morgan. Avondale maintained it with “Market Outperform” rating and $92 target price in Friday, April 15 report. The stock of HCA Holdings Inc (NYSE:HCA) earned “Market Perform” rating by Wells Fargo on Monday, January 4. The stock of HCA Holdings Inc (NYSE:HCA) earned “Overweight” rating by Barclays Capital on Thursday, October 8. Barclays Capital maintained the shares of HCA in a report on Wednesday, January 6 with “Overweight” rating. Evercore initiated the shares of HCA in a report on Friday, September 23 with “Hold” rating. The firm has “Outperform” rating given on Friday, January 29 by RBC Capital Markets. Longbow downgraded it to “Market Perform” rating and $74 target price in Wednesday, January 6 report. As per Friday, July 29, the company rating was downgraded by JP Morgan.
According to Zacks Investment Research, “HCA Inc. is a non-governmental hospital in the U.S. providing health care and related services. The Company operates a network of acute care hospitals, outpatient facilities, clinics and other patient care delivery settings. The Company also owns and manages freestanding surgery centers, diagnostic and imaging centers, radiation and oncology therapy centers, rehabilitation and physical therapy centers, and various other facilities. HCA Inc. is headquartered in Nashville, Tennessee.”
Insitutional Activity: The institutional sentiment decreased to 0.9 in 2016 Q2. Its down 0.07, from 0.97 in 2016Q1. The ratio dived, as 52 funds sold all HCA Holdings Inc shares owned while 226 reduced positions. 71 funds bought stakes while 179 increased positions. They now own 260.48 million shares or 8.67% less from 285.21 million shares in 2016Q1.
New York State Common Retirement Fund has 0.11% invested in the company for 938,398 shares. Clear Harbor Asset Management Ltd Liability Co has 8,250 shares for 0.14% of their US portfolio. Teachers Retirement System Of The State Of Kentucky has invested 0.38% of its portfolio in HCA Holdings Inc (NYSE:HCA). Rock Springs Cap Mgmt Ltd Partnership, a Maryland-based fund reported 430,000 shares. Glenview Cap Management Limited Liability Corp accumulated 14.59 million shares or 7.94% of the stock. Bluemountain Capital Management Limited accumulated 0.02% or 10,891 shares. Great West Life Assurance Can has 0.06% invested in the company for 208,208 shares. Iab Fincl Bank holds 0.14% or 2,900 shares in its portfolio. British Columbia Mgmt Corporation accumulated 0.13% or 186,866 shares. Three Peaks Management Ltd Company, a Colorado-based fund reported 55,343 shares. American Gru, a New York-based fund reported 149,632 shares. Baring Asset Mgmt Ltd owns 91,550 shares or 0.57% of their US portfolio. Citigroup Incorporated has invested 0% of its portfolio in HCA Holdings Inc (NYSE:HCA). Pinnacle Ltd accumulated 0.02% or 10,592 shares. Oregon Pub Employees Retirement Fund last reported 0.12% of its portfolio in the stock.
Insider Transactions: Since April 18, 2016, the stock had 1 buy, and 15 sales for $47.80 million net activity. STEAKLEY JOSEPH N sold $1.26 million worth of stock. On Wednesday, May 4 YUSPEH ALAN R sold $1.62 million worth of the stock or 20,000 shares. Cuffe Michael S. had sold 2,575 shares worth $196,215 on Tuesday, May 24. Shares for $318,729 were bought by HOLLIDAY CHARLES O JR on Wednesday, May 4. Morgan Sandra L. also sold $2.28M worth of HCA Holdings Inc (NYSE:HCA) shares. STEELE JOHN M sold $1.58 million worth of stock. $1.10M worth of shares were sold by Vallarino Juan on Monday, May 9.
HCA Company Profile
HCA Holdings, Inc., incorporated on October 19, 2010, is a holding company. The Firm is a healthcare services company. The Company’s segment is operating hospitals and related healthcare entities. The Firm operates approximately 168 hospitals, consisting of 164 general, acute care hospitals; three psychiatric hospitals, and one rehabilitation hospital. In addition, the Company operates approximately 116 freestanding surgery centers. The Company’s facilities are located in approximately 20 states and England. The Firm operates in two geographically groups: the National and American Groups. The National Group includes approximately 84 hospitals located in Alaska, California, Florida, southern Georgia, Idaho, Indiana, northern Kentucky, Nevada, New Hampshire, South Carolina, Utah and Virginia. The American Group includes approximately 78 hospitals located in Colorado, northern Georgia, Kansas, southern Kentucky, Louisiana, Mississippi, Missouri, Oklahoma, Tennessee and Texas. The Firm also operates approximately six hospitals in England, and these facilities are included in the Corporate and other group.
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