Fir Tree Lowers stake in HCA Holdings Inc (HCA)

HCA Holdings Inc (HCA) : Fir Tree reduced its stake in HCA Holdings Inc by 72.03% during the most recent quarter end. The investment management company now holds a total of 1,355,422 shares of HCA Holdings Inc which is valued at $103,879,542 after selling 3,489,795 shares in HCA Holdings Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.HCA Holdings Inc makes up approximately 3.76% of Fir Tree’s portfolio.

Other Hedge Funds, Including , Highbridge Capital Management reduced its stake in HCA by selling 263,552 shares or 97.52% in the most recent quarter. The Hedge Fund company now holds 6,691 shares of HCA which is valued at $512,798. HCA Holdings Inc makes up approx 0.01% of Highbridge Capital Management’s portfolio.Blackrock Institutional Trust Company N.a. reduced its stake in HCA by selling 573,487 shares or 6.47% in the most recent quarter. The Hedge Fund company now holds 8,296,348 shares of HCA which is valued at $635,832,111. HCA Holdings Inc makes up approx 0.10% of Blackrock Institutional Trust Company N.a.’s portfolio.Catalyst Capital Advisors boosted its stake in HCA in the latest quarter, The investment management firm added 13,000 additional shares and now holds a total of 13,048 shares of HCA Holdings Inc which is valued at $999,999. HCA Holdings Inc makes up approx 0.18% of Catalyst Capital Advisors’s portfolio. Argent Capital Management added HCA to its portfolio by purchasing 3,370 company shares during the most recent quarter which is valued at $259,894. HCA Holdings Inc makes up approx 0.01% of Argent Capital Management’s portfolio.Huntington National Bank reduced its stake in HCA by selling 7,286 shares or 53.23% in the most recent quarter. The Hedge Fund company now holds 6,402 shares of HCA which is valued at $499,228. HCA Holdings Inc makes up approx 0.01% of Huntington National Bank’s portfolio.

HCA Holdings Inc closed down -0.39 points or -0.52% at $75.16 with 19,52,975 shares getting traded on Thursday. Post opening the session at $75.59, the shares hit an intraday low of $74.755 and an intraday high of $75.9 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, HCA Holdings Inc reported $1.66 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.56. The company had revenue of $10319.00 million for the quarter, compared to analysts expectations of $10496.37 million. The company’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.37 EPS.

Many Wall Street Analysts have commented on HCA Holdings Inc. Shares were Reiterated by Mizuho on Jul 29, 2016 to “Buy” and Lowered the Price Target to $ 97 from a previous price target of $102 .HCA Holdings Inc was Downgraded by JP Morgan to ” Neutral” on Jul 29, 2016. HCA Holdings Inc was Initiated by Bernstein to “Mkt Perform” on Jun 16, 2016.

HCA Holdings Inc. is a holding company. The Company is a health care services company. The Company owns manages or operates hospitals freestanding surgery centers diagnostic and imaging centers radiation and oncology therapy centers rehabilitation and physical therapy centers and various other facilities. The Company’s general acute care hospitals provide a range of services to accommodate medical specialties such as internal medicine general surgery cardiology oncology neurosurgery orthopedics and obstetrics as well as diagnostic and emergency services. The general acute care hospitals also provide outpatient services such as outpatient surgery laboratory radiology respiratory therapy cardiology and physical therapy. Outpatient and ancillary health care services are provided by the Company’s general acute care hospitals freestanding surgery centers freestanding emergency care facilities diagnostic centers and rehabilitation facilities.

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