Trading Report: Today, Wealth Enhancement Advisory Services LLC Raises Stake in HCA Holdings Inc. (HCA)

Today, Wealth Enhancement Advisory Services LLC Raises Stake in HCA Holdings Inc. (HCA)

Wealth Enhancement Advisory Services LLC raised its position in HCA Holdings Inc. (NYSE:HCA) by 11.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,266 shares of the company’s stock after buying an additional 1,721 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in HCA Holdings were worth $1,330,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of HCA. Redwood Investments LLC raised its stake in HCA Holdings by 24.6% in the second quarter. Redwood Investments LLC now owns 292,664 shares of the company’s stock valued at $22,538,000 after buying an additional 57,801 shares during the last quarter. First Republic Investment Management Inc. raised its stake in HCA Holdings by 16.9% in the first quarter. First Republic Investment Management Inc. now owns 194,123 shares of the company’s stock valued at $15,152,000 after buying an additional 28,011 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in HCA Holdings by 48.2% in the second quarter. Nisa Investment Advisors LLC now owns 80,294 shares of the company’s stock valued at $6,183,000 after buying an additional 26,114 shares during the last quarter. Eachwin Capital LP acquired a new stake in HCA Holdings during the first quarter valued at approximately $550,000. Finally, Meeder Asset Management Inc. acquired a new stake in HCA Holdings during the first quarter valued at approximately $317,000. 72.82% of the stock is owned by institutional investors and hedge funds.

HCA Holdings Inc. (NYSE:HCA) traded up 1.885% during mid-day trading on Tuesday, reaching $81.905. The company’s stock had a trading volume of 1,086,440 shares. The firm’s 50 day moving average price is $76.08 and its 200 day moving average price is $77.66. HCA Holdings Inc. has a 12-month low of $60.07 and a 12-month high of $83.69. The stock has a market cap of $31.01 billion, a price-to-earnings ratio of 14.193 and a beta of 0.89.

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 Inc. will post $6.58 earnings per share for the current year.

Several research firms have recently commented on HCA. Credit Suisse Group AG reaffirmed a “buy” rating and set a $87.00 price target on shares of HCA Holdings in a research report on Friday, July 29th. Zacks Investment Research lowered shares of HCA Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, July 27th. Jefferies Group reaffirmed a “buy” rating on shares of HCA Holdings in a research report on Wednesday, August 10th. Mizuho reaffirmed a “buy” rating and set a $97.00 price target (down previously from $102.00) on shares of HCA Holdings in a research report on Friday, July 29th. Finally, Citigroup Inc. reduced their price target on shares of HCA Holdings from $86.00 to $85.00 and set a “neutral” rating for the company in a research report on Friday, July 29th. Eight research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $87.20.

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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