Trading Report: The Nippon Life Insurance Co. Increases Position in HCA Holdings Inc. (HCA)

The Nippon Life Insurance Co. Increases Position in HCA Holdings Inc. (HCA)

Nippon Life Insurance Co. increased its stake in shares of HCA Holdings Inc. (NYSE:HCA) by 0.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,684 shares of the company’s stock after buying an additional 78 shares during the period. Nippon Life Insurance Co.’s holdings in HCA Holdings were worth $1,362,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Invictus RG increased its position in shares of HCA Holdings by 21.9% in the first quarter. Invictus RG now owns 2,156 shares of the company’s stock valued at $168,000 after buying an additional 388 shares during the last quarter. Bremer Trust National Association acquired a new stake in HCA Holdings during the second quarter valued at approximately $239,000. Shelton Capital Management acquired a new stake in HCA Holdings during the second quarter valued at approximately $270,000. Parametrica Management Ltd acquired a new stake in HCA Holdings during the second quarter valued at approximately $273,000. Finally, Rehmann Capital Advisory Group increased its stake in HCA Holdings by 18.7% in the second quarter. Rehmann Capital Advisory Group now owns 3,682 shares of the company’s stock valued at $284,000 after buying an additional 579 shares during the last quarter. Hedge funds and other institutional investors own 72.82% of the company’s stock.

Shares of HCA Holdings Inc. (NYSE:HCA) traded down 2.52% during mid-day trading on Friday, reaching $77.31. The company had a trading volume of 4,814,121 shares. The company’s 50-day moving average is $77.17 and its 200 day moving average is $77.79. HCA Holdings Inc. has a 52-week low of $60.07 and a 52-week high of $83.69. The stock has a market capitalization of $30.12 billion, a P/E ratio of 12.24 and a beta of 0.89.

HCA Holdings (NYSE:HCA) last posted its quarterly earnings results on Thursday, October 27th. The company reported $1.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.42 by $0.19. The firm had revenue of $10.27 billion for the quarter, compared to analyst estimates of $10.41 billion. HCA Holdings had a net margin of 6.10% and a negative return on equity of 43.65%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.17 earnings per share. Analysts anticipate that HCA Holdings Inc. will post $6.61 EPS for the current fiscal year.

HCA has been the subject of several research analyst reports. KeyCorp upgraded HCA Holdings from a “sector weight” rating to an “overweight” rating and set a $94.00 price objective for the company in a report on Thursday, October 13th. Jefferies Group reiterated a “buy” rating on shares of HCA Holdings in a report on Tuesday, September 6th. JPMorgan Chase & Co. downgraded HCA Holdings from an “overweight” rating to a “neutral” rating and set a $85.00 price objective for the company. in a report on Friday, July 29th. Zacks Investment Research downgraded HCA Holdings from a “buy” rating to a “hold” rating in a report on Monday, July 18th. Finally, Mizuho reiterated a “buy” rating and issued a $102.00 price objective on shares of HCA Holdings in a report on Thursday, July 14th. Seven investment analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. HCA Holdings currently has an average rating of “Buy” and an average target price of $87.80.

About HCA Holdings

HCA Holdings, Inc is a healthcare services company. The Company’s segment is operating hospitals and related healthcare entities. The Company 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.

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