KeyCorp upgraded shares of HCA Holdings Inc. (NYSE:HCA) from a sector weight rating to an overweight rating in a research report sent to investors on Thursday morning. KeyCorp currently has $94.00 price objective on the stock.
A number of other brokerages have also issued reports on HCA. Zacks Investment Research raised HCA Holdings from a hold rating to a buy rating and set a $89.00 price target on the stock in a research note on Tuesday, July 26th. Mizuho reaffirmed a buy rating and issued a $102.00 price target on shares of HCA Holdings in a research note on Thursday, July 14th. JPMorgan Chase & Co. lowered HCA Holdings from an overweight rating to a neutral rating and set a $85.00 price target on the stock. in a research note on Friday, July 29th. Citigroup Inc. lowered their price target on HCA Holdings from $86.00 to $85.00 and set a neutral rating on the stock in a research note on Friday, July 29th. Finally, Sanford C. Bernstein initiated coverage on HCA Holdings in a research note on Thursday, June 16th. They set a market perform rating and a $88.00 price objective on the stock. Eight investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of $87.20.
HCA Holdings (NYSE:HCA) traded down 0.12% during mid-day trading on Thursday, reaching $80.19. The company’s stock had a trading volume of 826,559 shares. The firm’s 50 day moving average price is $75.75 and its 200 day moving average price is $77.62. The stock has a market cap of $30.36 billion, a price-to-earnings ratio of 13.90 and a beta of 0.89. HCA Holdings has a 12-month low of $60.07 and a 12-month high of $83.69.
HCA Holdings (NYSE:HCA) last issued its quarterly earnings results on Thursday, July 28th. The company reported $1.66 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.56 by $0.10. The firm had revenue of $10.32 billion for the quarter, compared to analyst estimates of $10.49 billion. HCA Holdings had a negative return on equity of 42.19% and a net margin of 5.75%. The business’s revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.37 earnings per share. On average, equities analysts predict that HCA Holdings will post $6.58 earnings per share for the current year.
Hedge funds have recently made changes to their positions in the stock. Acrospire Investment Management LLC purchased a new stake in shares of HCA Holdings during the first quarter worth about $109,000. NN Investment Partners Holdings N.V. purchased a new stake in shares of HCA Holdings during the first quarter worth about $148,000. First Mercantile Trust Co. purchased a new stake in shares of HCA Holdings during the third quarter worth about $147,000. Invictus RG boosted its stake in shares of HCA Holdings by 21.9% in the first quarter. Invictus RG now owns 2,156 shares of the company’s stock worth $168,000 after buying an additional 388 shares during the period. Finally, Raymond James Trust N.A. purchased a new stake in shares of HCA Holdings during the third quarter worth about $202,000. 72.82% of the stock is owned by hedge funds and other institutional investors.
HCA Holdings Company Profile