Toronto Dominion Bank Grows Stake in HCA Holdings, Inc. (HCA)

Toronto Dominion Bank lifted its position in shares of HCA Holdings, Inc. (NYSE:HCA) by 12.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 112,657 shares of the company’s stock after purchasing an additional 12,744 shares during the period. Toronto Dominion Bank’s holdings in HCA Holdings were worth $8,965,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in HCA. Longview Partners Guernsey LTD grew its holdings in shares of HCA Holdings by 22.6% during the third quarter. Longview Partners Guernsey LTD now owns 11,135,155 shares of the company’s stock worth $886,247,000 after purchasing an additional 2,053,701 shares during the last quarter. APG Asset Management N.V. lifted its stake in shares of HCA Holdings by 141.4% in the third quarter. APG Asset Management N.V. now owns 3,423,381 shares of the company’s stock worth $272,467,000 after acquiring an additional 2,005,193 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of HCA Holdings by 1,500.3% in the third quarter. Assenagon Asset Management S.A. now owns 1,579,382 shares of the company’s stock worth $125,703,000 after acquiring an additional 1,480,690 shares during the period. Harbour Capital Advisors LLC lifted its stake in shares of HCA Holdings by 9,568.4% in the second quarter. Harbour Capital Advisors LLC now owns 915,600 shares of the company’s stock worth $10,500,000 after acquiring an additional 906,130 shares during the period. Finally, American Century Companies Inc. lifted its stake in shares of HCA Holdings by 49.5% in the third quarter. American Century Companies Inc. now owns 2,558,216 shares of the company’s stock worth $203,608,000 after acquiring an additional 847,377 shares during the period. Institutional investors own 75.93% of the company’s stock.

Shares of HCA Holdings, Inc. (NYSE HCA) opened at $74.93 on Thursday. The company has a market capitalization of $27,070.00, a P/E ratio of 11.54, a PEG ratio of 1.12 and a beta of 0.50. HCA Holdings, Inc. has a 1-year low of $69.18 and a 1-year high of $91.03. The company has a current ratio of 1.68, a quick ratio of 1.41 and a debt-to-equity ratio of -6.46.

HCA Holdings (NYSE:HCA) last released its quarterly earnings data on Tuesday, October 31st. The company reported $1.21 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.21. The firm had revenue of $10.70 billion during the quarter, compared to the consensus estimate of $10.70 billion. HCA Holdings had a negative return on equity of 47.16% and a net margin of 6.13%. The company’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.45 earnings per share. sell-side analysts expect that HCA Holdings, Inc. will post 6.55 EPS for the current year.

HCA Holdings announced that its Board of Directors has initiated a stock buyback program on Tuesday, October 31st that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

A number of equities analysts recently commented on HCA shares. ValuEngine lowered HCA Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, September 7th. KeyCorp reaffirmed an “overweight” rating and issued a $90.00 price objective (down from $95.00) on shares of HCA Holdings in a research note on Thursday, October 19th. Zacks Investment Research lowered HCA Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $90.00 price objective on shares of HCA Holdings in a research note on Tuesday, October 31st. Finally, Raymond James Financial, Inc. lowered HCA Holdings from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, October 18th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and seventeen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $90.20.

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In other news, SVP Victor L. Campbell sold 8,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $78.00, for a total transaction of $624,000.00. Following the completion of the sale, the senior vice president now owns 127,275 shares in the company, valued at $9,927,450. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Michael S. Cuffe sold 2,150 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $79.87, for a total value of $171,720.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,300 shares of company stock valued at $963,421. Corporate insiders own 2.90% of the company’s stock.

About HCA Holdings

HCA Healthcare, Inc, formerly HCA Holdings, Inc, is a holding company. The Company, through its subsidiaries, owns and operates hospitals and related healthcare entities. As of December 31, 2016, the Company operated in two geographically organized groups, including the National and American Groups. As of December 31, 2016, the National Group included 84 hospitals, which were located in Alaska, California, Florida, southern Georgia, Idaho, Indiana, northern Kentucky, Nevada, New Hampshire, South Carolina, Utah and Virginia.

Institutional Ownership by Quarter for HCA Holdings (NYSE:HCA)

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