Covestor Ltd Buys 401 Shares of HCA Healthcare, Inc. (NYSE:HCA)

Covestor Ltd boosted its position in shares of HCA Healthcare, Inc. (NYSE:HCA) by 69.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 981 shares of the company’s stock after buying an additional 401 shares during the period. Covestor Ltd’s holdings in HCA Healthcare were worth $399,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Bangor Savings Bank lifted its position in HCA Healthcare by 112.5% during the second quarter. Bangor Savings Bank now owns 85 shares of the company’s stock valued at $27,000 after purchasing an additional 45 shares during the last quarter. MFA Wealth Advisors LLC bought a new stake in HCA Healthcare during the second quarter worth approximately $27,000. Unique Wealth Strategies LLC bought a new stake in shares of HCA Healthcare in the 2nd quarter valued at approximately $28,000. GPS Wealth Strategies Group LLC raised its holdings in HCA Healthcare by 284.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 96 shares of the company’s stock valued at $31,000 after buying an additional 71 shares during the period. Finally, Benjamin F. Edwards & Company Inc. bought a new position in HCA Healthcare during the second quarter valued at $33,000. Institutional investors own 62.73% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Wolfe Research raised shares of HCA Healthcare to a “strong-buy” rating in a research note on Thursday, August 29th. Truist Financial increased their price target on HCA Healthcare from $390.00 to $430.00 and gave the stock a “buy” rating in a report on Monday, August 19th. Oppenheimer increased their target price on HCA Healthcare from $390.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. Royal Bank of Canada upped their price target on shares of HCA Healthcare from $378.00 to $405.00 and gave the stock an “outperform” rating in a report on Friday, August 23rd. Finally, StockNews.com cut shares of HCA Healthcare from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 4th. Five equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $379.17.

Insider Buying and Selling at HCA Healthcare

In other news, EVP Michael S. Cuffe sold 8,358 shares of the firm’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $385.42, for a total value of $3,221,340.36. Following the completion of the sale, the executive vice president now owns 29,678 shares of the company’s stock, valued at $11,438,494.76. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.60% of the stock is owned by insiders.

HCA Healthcare Trading Down 0.5 %

Shares of NYSE HCA opened at $354.16 on Friday. The business has a fifty day moving average price of $389.61 and a 200 day moving average price of $356.03. HCA Healthcare, Inc. has a 1-year low of $226.48 and a 1-year high of $417.14. The company has a debt-to-equity ratio of 48.71, a current ratio of 1.12 and a quick ratio of 1.00. The stock has a market capitalization of $89.71 billion, a P/E ratio of 15.90, a price-to-earnings-growth ratio of 1.34 and a beta of 1.68.

HCA Healthcare Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be paid a dividend of $0.66 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $2.64 annualized dividend and a dividend yield of 0.75%. HCA Healthcare’s dividend payout ratio (DPR) is presently 11.85%.

HCA Healthcare Profile

HCA Healthcare, Inc, through its subsidiaries, owns and operates hospitals and related healthcare entities in the United States. It operates general and acute care hospitals that offers medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy.