Perry Corp Lowers stake in HCA Holdings Inc (HCA)

HCA Holdings Inc (HCA) : Perry Corp reduced its stake in HCA Holdings Inc by 9.63% during the most recent quarter end. The investment management company now holds a total of 2,768,000 shares of HCA Holdings Inc which is valued at $215.7 Million after selling 295,000 shares in HCA Holdings Inc , the firm said in a disclosure report filed with the SEC on May 13, 2016.HCA Holdings Inc makes up approximately 13.54% of Perry Corp’s portfolio.

Other Hedge Funds, Including , Hsbc Holdings Plc reduced its stake in HCA by selling 54,413 shares or 5.41% in the most recent quarter. The Hedge Fund company now holds 952,047 shares of HCA which is valued at $74.2 Million. HCA Holdings Inc makes up approx 0.25% of Hsbc Holdings Plc’s portfolio.Shell Asset Management Co boosted its stake in HCA in the latest quarter, The investment management firm added 513 additional shares and now holds a total of 17,102 shares of HCA Holdings Inc which is valued at $1.3 Million. HCA Holdings Inc makes up approx 0.03% of Shell Asset Management Co’s portfolio.Adell Harriman Carpenter Inc boosted its stake in HCA in the latest quarter, The investment management firm added 900 additional shares and now holds a total of 11,550 shares of HCA Holdings Inc which is valued at $899,976. HCA Holdings Inc makes up approx 0.24% of Adell Harriman Carpenter Inc’s portfolio.Dubuque Bank Trust Co reduced its stake in HCA by selling 17,134 shares or 96.16% in the most recent quarter. The Hedge Fund company now holds 684 shares of HCA which is valued at $55,336. HCA Holdings Inc makes up approx 0.01% of Dubuque Bank Trust Co’s portfolio.Mariner Investment Group reduced its stake in HCA by selling 15,000 shares or 21.43% in the most recent quarter. The Hedge Fund company now holds 55,000 shares of HCA which is valued at $4.4 Million. HCA Holdings Inc makes up approx 1.23% of Mariner Investment Group’s portfolio.

HCA Holdings Inc opened for trading at $77.61 and hit $78.48 on the upside on Wednesday, eventually ending the session at $77.73, with a gain of 0.22% or 0.17 points. The heightened volatility saw the trading volume jump to 22,30,175 shares. Company has a market cap of $30,397 M.

On the company’s financial health, HCA Holdings Inc reported $1.71 EPS for the quarter, beating the analyst consensus estimate by $ 0.22 according to the earnings call on May 3, 2016. Analyst had a consensus of $1.49. The company had revenue of $10260.00 million for the quarter, compared to analysts expectations of $10253.84 million. The company’s revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.36 EPS.

Many Wall Street Analysts have commented on HCA Holdings Inc. Company shares were Reiterated by RBC Capital Mkts on May 4, 2016 to “Outperform”, Firm has raised the Price Target to $ 89 from a previous price target of $86 .Company shares were Reiterated by Wedbush on May 4, 2016 to “Outperform”, Firm has raised the Price Target to $ 90 from a previous price target of $88 .Company shares were Upgraded by JP Morgan on Mar 14, 2016 to ” Overweight”, Firm has raised the Price Target to $ 85 from a previous price target of $76 .

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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