Westend Advisors buys $111,197,840 stake in HCA Holdings Inc (HCA)

HCA Holdings Inc (HCA) : Westend Advisors scooped up 197,860 additional shares in HCA Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 10, 2016. The investment management firm now holds a total of 1,427,077 shares of HCA Holdings Inc which is valued at $111,197,840.HCA Holdings Inc makes up approximately 5.66% of Westend Advisors’s portfolio.

Other Hedge Funds, Including , Pioneer Investment Management Inc added HCA to its portfolio by purchasing 90,037 company shares during the most recent quarter which is valued at $7,015,683. HCA Holdings Inc makes up approx 0.03% of Pioneer Investment Management Inc’s portfolio.Gabelli Funds reduced its stake in HCA by selling 13,000 shares or 6.28% in the most recent quarter. The Hedge Fund company now holds 194,000 shares of HCA which is valued at $15,694,600. HCA Holdings Inc makes up approx 0.10% of Gabelli Funds’s portfolio. Iab Financial Bank added HCA to its portfolio by purchasing 2,900 company shares during the most recent quarter which is valued at $233,798. HCA Holdings Inc makes up approx 0.16% of Iab Financial Bank’s portfolio.Louisiana State Employees Retirement System reduced its stake in HCA by selling 1,600 shares or 7.27% in the most recent quarter. The Hedge Fund company now holds 20,400 shares of HCA which is valued at $1,644,648. HCA Holdings Inc makes up approx 0.09% of Louisiana State Employees Retirement System’s portfolio.

HCA Holdings Inc closed down -0.11 points or -0.14% at $77.81 with 26,54,929 shares getting traded on Monday. Post opening the session at $78.02, the shares hit an intraday low of $77.1711 and an intraday high of $78.5 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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.

Leave a Reply

HCA Holdings Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on HCA Holdings Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.