Profit Investment Management Lowers stake in HCA Holdings Inc (HCA)

HCA Holdings Inc (HCA) : Profit Investment Management reduced its stake in HCA Holdings Inc by 5.13% during the most recent quarter end. The investment management company now holds a total of 7,071 shares of HCA Holdings Inc which is valued at $567,731 after selling 382 shares in HCA Holdings Inc , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.HCA Holdings Inc makes up approximately 0.57% of Profit Investment Management’s portfolio.

Other Hedge Funds, Including , Msi Financial Services Inc reduced its stake in HCA by selling 321 shares or 7.59% in the most recent quarter. The Hedge Fund company now holds 3,908 shares of HCA which is valued at $313,773. HCA Holdings Inc makes up approx 0.01% of Msi Financial Services Inc’s portfolio.Cutler Group Lp boosted its stake in HCA in the latest quarter, The investment management firm added 12,341 additional shares and now holds a total of 13,658 shares of HCA Holdings Inc which is valued at $1,037,325. HCA Holdings Inc makes up approx 0.06% of Cutler Group Lp’s portfolio.Oliver Luxxe Assets boosted its stake in HCA in the latest quarter, The investment management firm added 1,754 additional shares and now holds a total of 11,725 shares of HCA Holdings Inc which is valued at $870,347. HCA Holdings Inc makes up approx 0.69% of Oliver Luxxe Assets’s portfolio.Chevy Chase Trust Holdings reduced its stake in HCA by selling 10,469 shares or 4.06% in the most recent quarter. The Hedge Fund company now holds 247,246 shares of HCA which is valued at $18,479,166. HCA Holdings Inc makes up approx 0.10% of Chevy Chase Trust Holdings’s portfolio. Beacon Financial Group sold out all of its stake in HCA during the most recent quarter. The investment firm sold 7,610 shares of HCA which is valued $568,771.

HCA Holdings Inc closed down -0.19 points or -0.25% at $75.76 with 27,67,940 shares getting traded on Tuesday. Post opening the session at $76.25, the shares hit an intraday low of $75.06 and an intraday high of $76.25 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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. HCA Holdings Inc was Upgraded by KeyBanc Capital Mkts to ” Overweight” on Oct 13, 2016. 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. 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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