Is HCA Holdings (NYSE:HCA) Worth Your Time and Dime After a Piper Jaffray Downgrade?

April 23, 2018 - By Marguerite Chambers

HCA Healthcare, Inc. (NYSE:HCA) Logo

Investors sentiment decreased to 0.78 in Q4 2017. Its down 0.01, from 0.79 in 2017Q3. It fall, as 53 investors sold HCA Healthcare, Inc. shares while 199 reduced holdings. 75 funds opened positions while 121 raised stakes. 250.97 million shares or 4.23% less from 262.04 million shares in 2017Q3 were reported.

Jpmorgan Chase And reported 2.40M shares. Pitcairn reported 6,885 shares. Amp Capital stated it has 0.2% of its portfolio in HCA Healthcare, Inc. (NYSE:HCA). Moreover, Ameriprise Fin has 0.01% invested in HCA Healthcare, Inc. (NYSE:HCA). Alpha Windward Ltd, Massachusetts-based fund reported 590 shares. Shell Asset Mngmt owns 0.11% invested in HCA Healthcare, Inc. (NYSE:HCA) for 62,377 shares. Guardian Life Insurance Comm Of America accumulated 935 shares. Cibc Bank Usa holds 7,467 shares or 0.08% of its portfolio. Ksa Cap Lc stated it has 0.51% in HCA Healthcare, Inc. (NYSE:HCA). 169,389 were reported by Deroy Devereaux Private Investment Counsel. Thompson Siegel Walmsley Ltd stated it has 0% of its portfolio in HCA Healthcare, Inc. (NYSE:HCA). Sun Life Fincl invested 0.01% in HCA Healthcare, Inc. (NYSE:HCA). Macquarie stated it has 0% in HCA Healthcare, Inc. (NYSE:HCA). Assetmark reported 198 shares. Retirement Sys Of Alabama stated it has 332,463 shares.

Since December 15, 2017, it had 2 insider buys, and 18 selling transactions for $55.29 million activity. $3.93M worth of stock was sold by Perlin Jonathan B on Friday, February 16. Reiner Deborah M sold 8,565 shares worth $870,619. Shares for $5.53 million were sold by Sowell Joseph A III. The insider FRIST PATRICIA C bought $2.90 million. MOORE A BRUCE JR sold $6.75M worth of stock. Shares for $5.05M were sold by Hall Charles J.

HCA Holdings (NYSE:HCA) Receives a Downgrade

In analysts report revealed to clients and investors on Wednesday, 3 January, Piper Jaffray revealed that they have decided to downgrade shares of HCA Holdings (NYSE:HCA) to a “Hold”.

Investors sentiment decreased to 0.78 in Q4 2017. Its down 0.01, from 0.79 in 2017Q3. It fall, as 53 investors sold HCA Healthcare, Inc. shares while 199 reduced holdings. 75 funds opened positions while 121 raised stakes. 250.97 million shares or 4.23% less from 262.04 million shares in 2017Q3 were reported.

Jpmorgan Chase And reported 2.40M shares. Pitcairn reported 6,885 shares. Amp Capital stated it has 0.2% of its portfolio in HCA Healthcare, Inc. (NYSE:HCA). Moreover, Ameriprise Fin has 0.01% invested in HCA Healthcare, Inc. (NYSE:HCA). Alpha Windward Ltd, Massachusetts-based fund reported 590 shares. Shell Asset Mngmt owns 0.11% invested in HCA Healthcare, Inc. (NYSE:HCA) for 62,377 shares. Guardian Life Insurance Comm Of America accumulated 935 shares. Cibc Bank Usa holds 7,467 shares or 0.08% of its portfolio. Ksa Cap Lc stated it has 0.51% in HCA Healthcare, Inc. (NYSE:HCA). 169,389 were reported by Deroy Devereaux Private Investment Counsel. Thompson Siegel Walmsley Ltd stated it has 0% of its portfolio in HCA Healthcare, Inc. (NYSE:HCA). Sun Life Fincl invested 0.01% in HCA Healthcare, Inc. (NYSE:HCA). Macquarie stated it has 0% in HCA Healthcare, Inc. (NYSE:HCA). Assetmark reported 198 shares. Retirement Sys Of Alabama stated it has 332,463 shares.

Since December 15, 2017, it had 2 insider buys, and 18 selling transactions for $55.29 million activity. $3.93M worth of stock was sold by Perlin Jonathan B on Friday, February 16. Reiner Deborah M sold 8,565 shares worth $870,619. Shares for $5.53 million were sold by Sowell Joseph A III. The insider FRIST PATRICIA C bought $2.90 million. MOORE A BRUCE JR sold $6.75M worth of stock. Shares for $5.05M were sold by Hall Charles J.

HCA Healthcare, Inc. (NYSE:HCA) Ratings Coverage

Among 17 analysts covering HCA Holdings (NYSE:HCA), 12 have Buy rating, 2 Sell and 3 Hold. Therefore 71% are positive. HCA Holdings has $122 highest and $82.0 lowest target. $107.80’s average target is 11.17% above currents $96.965 stock price. HCA Holdings had 24 analyst reports since October 31, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, November 1 by Jefferies. On Tuesday, January 30 the stock rating was maintained by SunTrust with “Buy”. The firm has “Overweight” rating given on Thursday, November 30 by JP Morgan. Credit Suisse initiated it with “Buy” rating and $95.0 target in Friday, November 3 report. On Wednesday, January 31 the stock rating was maintained by Credit Suisse with “Outperform”. The stock has “Buy” rating by Jefferies on Wednesday, January 31. The firm earned “Buy” rating on Tuesday, October 31 by Piper Jaffray. Morgan Stanley downgraded HCA Healthcare, Inc. (NYSE:HCA) on Wednesday, December 20 to “Underweight” rating. The firm has “Underweight” rating given on Thursday, February 1 by Morgan Stanley. The rating was downgraded by PiperJaffray on Wednesday, January 3 to “Neutral”.

The stock decreased 0.50% or $0.485 during the last trading session, reaching $96.965. About 1.52M shares traded. HCA Healthcare, Inc. (NYSE:HCA) has risen 7.67% since April 23, 2017 and is uptrending. It has underperformed by 3.88% the S&P500.

Analysts await HCA Healthcare, Inc. (NYSE:HCA) to report earnings on May, 1. They expect $2.08 EPS, up 19.54 % or $0.34 from last year’s $1.74 per share. HCA’s profit will be $732.62M for 11.65 P/E if the $2.08 EPS becomes a reality. After $2.12 actual EPS reported by HCA Healthcare, Inc. for the previous quarter, Wall Street now forecasts -1.89 % negative EPS growth.

HCA Healthcare, Inc., through its subsidiaries, provides health care services in the United States and England. The company has market cap of $34.15 billion. The firm operates general, acute care hospitals that offer 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 services. It has a 16.3 P/E ratio. It also operates psychiatric hospitals, which provide therapeutic programs comprising child, adolescent and adult psychiatric care, and adolescent and adult alcohol and drug abuse treatment and counseling.

HCA Healthcare, Inc. (NYSE:HCA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.