Patriot Financial Group Insurance Agency LLC Invests $219,000 in HCA Healthcare, Inc. (NYSE:HCA)

Patriot Financial Group Insurance Agency LLC bought a new stake in HCA Healthcare, Inc. (NYSE:HCA) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 539 shares of the company’s stock, valued at approximately $219,000.

Several other large investors also recently made changes to their positions in the company. Terra Nova Asset Management LLC grew its stake in shares of HCA Healthcare by 0.3% in the 3rd quarter. Terra Nova Asset Management LLC now owns 8,112 shares of the company’s stock valued at $3,297,000 after buying an additional 26 shares during the period. Massmutual Trust Co. FSB ADV boosted its stake in HCA Healthcare by 7.4% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 421 shares of the company’s stock valued at $171,000 after purchasing an additional 29 shares during the last quarter. Waldron Private Wealth LLC boosted its stake in HCA Healthcare by 1.8% during the 3rd quarter. Waldron Private Wealth LLC now owns 1,681 shares of the company’s stock valued at $683,000 after purchasing an additional 29 shares during the last quarter. Brookstone Capital Management boosted its stake in HCA Healthcare by 0.7% during the 3rd quarter. Brookstone Capital Management now owns 4,065 shares of the company’s stock valued at $1,652,000 after purchasing an additional 30 shares during the last quarter. Finally, UMB Bank n.a. boosted its stake in HCA Healthcare by 2.4% during the 3rd quarter. UMB Bank n.a. now owns 1,301 shares of the company’s stock valued at $529,000 after purchasing an additional 30 shares during the last quarter. 62.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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

Analysts Set New Price Targets

A number of research firms have issued reports on HCA. TD Cowen cut their price target on HCA Healthcare from $450.00 to $440.00 and set a “buy” rating for the company in a research note on Monday. Wells Fargo & Company lifted their target price on shares of HCA Healthcare from $365.00 to $395.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 22nd. Morgan Stanley initiated coverage on shares of HCA Healthcare in a research report on Tuesday, September 3rd. They set an “equal weight” rating and a $427.00 target price on the stock. Wolfe Research raised shares of HCA Healthcare to a “strong-buy” rating in a research report on Thursday, August 29th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $392.00 target price on shares of HCA Healthcare in a research report on Tuesday, October 1st. Five analysts have rated the stock with a hold rating, thirteen have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $379.11.

HCA Healthcare Trading Up 0.1 %

Shares of HCA stock opened at $361.08 on Thursday. The company’s fifty day simple moving average is $394.11 and its two-hundred day simple moving average is $353.54. The company has a debt-to-equity ratio of 27.11, a current ratio of 1.06 and a quick ratio of 0.94. HCA Healthcare, Inc. has a 1 year low of $223.73 and a 1 year high of $417.14. The stock has a market capitalization of $94.57 billion, a price-to-earnings ratio of 18.00, a PEG ratio of 1.52 and a beta of 1.67.

HCA Healthcare Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a dividend of $0.66 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 0.73%. HCA Healthcare’s dividend payout ratio (DPR) is currently 13.16%.

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.