Lakewood Capital Management LP Decreased Its Hca Healthcare INC (HCA) Stake by $7.01 Million as Stock Value Rose

June 14, 2018 - By Kurt Siggers

HCA Healthcare, Inc. (NYSE:HCA) LogoInvestors sentiment increased to 0.96 in Q1 2018. Its up 0.18, from 0.78 in 2017Q4. It increased, as 38 investors sold HCA shares while 194 reduced holdings. 94 funds opened positions while 129 raised stakes. 243.77 million shares or 2.87% less from 250.97 million shares in 2017Q4 were reported. Highfields Mgmt Lp has 4.55% invested in HCA Healthcare, Inc. (NYSE:HCA) for 5.18M shares. Wetherby Asset Mngmt has 0.06% invested in HCA Healthcare, Inc. (NYSE:HCA). 23,449 were accumulated by Redmond Asset Management Ltd Llc. Matarin Management Limited Liability Corp holds 24,325 shares. Panagora Asset stated it has 22,985 shares or 0.01% of all its holdings. 62,377 are held by Shell Asset Mngmt. Nordea Mngmt holds 117,006 shares. Central Bank Tru owns 175 shares. Lee Danner And Bass Inc stated it has 5.71% of its portfolio in HCA Healthcare, Inc. (NYSE:HCA). Kings Point Capital invested in 76,159 shares. Japan-based Meiji Yasuda Asset Mgmt Ltd has invested 0.04% in HCA Healthcare, Inc. (NYSE:HCA). Atlantic Tru Grp Ltd Liability Com reported 0.07% of its portfolio in HCA Healthcare, Inc. (NYSE:HCA). Steinberg Asset Limited Liability holds 37,358 shares. Knightsbridge Asset Mngmt Ltd Llc invested in 110,421 shares. Moreover, Zeke Limited Co has 0.06% invested in HCA Healthcare, Inc. (NYSE:HCA).

Since December 15, 2017, it had 2 insider purchases, and 20 insider sales for $57.01 million activity. $870,619 worth of stock was sold by Reiner Deborah M on Wednesday, January 31. The insider FRIST PATRICIA C bought $2.90 million. 28,650 shares were bought by FRIST THOMAS F JR, worth $2.90M on Tuesday, February 20. Shares for $4.96M were sold by RUTHERFORD BILL B. Another trade for 30,195 shares valued at $3.05M was sold by Sowell Joseph A III. Chari Ravi S. sold 16,270 shares worth $1.66 million.

Anthony Bozza decreased its stake in Hca Healthcare Inc (HCA) by 3.42% based on its latest 2018Q1 regulatory filing with the SEC. Lakewood Capital Management Lp sold 73,000 shares as the company’s stock rose 3.67% while stock markets declined. The hedge fund run by Anthony Bozza held 2.06 million shares of the health care company at the end of 2018Q1, valued at $200.21 million, down from 2.14M at the end of the previous reported quarter. Lakewood Capital Management Lp who had been investing in Hca Healthcare Inc for a number of months, seems to be less bullish one the $37.06 billion market cap company. The stock increased 0.40% or $0.42 during the last trading session, reaching $106.1. About 1.05 million shares traded. HCA Healthcare, Inc. (NYSE:HCA) has risen 24.76% since June 14, 2017 and is uptrending. It has outperformed by 12.19% the S&P500.

Lakewood Capital Management Lp, which manages about $3.08B US Long portfolio, upped its stake in Comcast Corp New (NASDAQ:CMCSA) by 5.47 million shares to 6.61 million shares, valued at $225.99M in 2018Q1, according to the filing. It also increased its holding in Citigroup Inc (NYSE:C) by 375,000 shares in the quarter, for a total of 2.02M shares, and has risen its stake in Vereit Inc.

Analysts await HCA Healthcare, Inc. (NYSE:HCA) to report earnings on July, 24. They expect $2.15 earnings per share, up 22.86 % or $0.40 from last year’s $1.75 per share. HCA’s profit will be $751.00 million for 12.34 P/E if the $2.15 EPS becomes a reality. After $2.33 actual earnings per share reported by HCA Healthcare, Inc. for the previous quarter, Wall Street now forecasts -7.73 % negative EPS growth.

More notable recent HCA Healthcare, Inc. (NYSE:HCA) news were published by: Bizjournals.com which released: “HCA eyes purchase of Houston hospital” on June 04, 2018, also Bizjournals.com with their article: “Report: HCA makes offer to buy Envision” published on May 21, 2018, Bizjournals.com published: “Health:Further lands partnership with HCA” on June 14, 2018. More interesting news about HCA Healthcare, Inc. (NYSE:HCA) were released by: Bizjournals.com and their article: “HCA Gulf Coast reportedly could buy another northwest Houston hospital” published on June 01, 2018 as well as Bizjournals.com‘s news article titled: “Envision Healthcare sold for $9.9 billion” with publication date: June 11, 2018.

HCA Healthcare, Inc. (NYSE:HCA) Ratings Coverage

Among 15 analysts covering HCA Healthcare (NYSE:HCA), 10 have Buy rating, 2 Sell and 3 Hold. Therefore 67% are positive. HCA Healthcare had 19 analyst reports since December 20, 2017 according to SRatingsIntel. Credit Suisse maintained HCA Healthcare, Inc. (NYSE:HCA) on Wednesday, January 31 with “Outperform” rating. Robert W. Baird maintained HCA Healthcare, Inc. (NYSE:HCA) rating on Thursday, January 11. Robert W. Baird has “Buy” rating and $104.0 target. The rating was maintained by BMO Capital Markets on Thursday, February 1 with “Outperform”. The rating was downgraded by Morgan Stanley on Wednesday, December 20 to “Underweight”. SunTrust maintained HCA Healthcare, Inc. (NYSE:HCA) on Tuesday, January 30 with “Buy” rating. The firm has “Buy” rating by Robert W. Baird given on Tuesday, January 30. The stock has “Buy” rating by Jefferies on Wednesday, January 31. The firm earned “Hold” rating on Tuesday, January 23 by William Blair. On Wednesday, December 20 the stock rating was maintained by SunTrust with “Buy”. Cantor Fitzgerald maintained HCA Healthcare, Inc. (NYSE:HCA) on Wednesday, April 25 with “Buy” rating.

HCA Healthcare, Inc. (NYSE:HCA) Institutional Positions Chart

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