Lakewood Capital Management LP Stake in Hca Healthcare INC (HCA) Decreased by $7.01 Million as Shares Rose

June 14, 2018 - By Ann Prendergast

HCA Healthcare, Inc. (NYSE:HCA) LogoInvestors sentiment increased to 0.96 in 2018 Q1. Its up 0.18, from 0.78 in 2017Q4. It increased, as 38 investors sold HCA shares while 194 reduced holdings. 94 funds opened positions while 129 raised stakes. 243.77 million shares or 2.87% less from 250.97 million shares in 2017Q4 were reported. Salem Invest Counselors Inc holds 1,475 shares or 0.02% of its portfolio. Lombard Odier Asset Mngmt (Switzerland) accumulated 0.05% or 4,480 shares. Cornerstone Advsr Inc reported 415 shares or 0.03% of all its holdings. Shell Asset Mgmt Communications accumulated 62,377 shares. Legal & General Gru Public Ltd reported 1.54M shares or 0.11% of all its holdings. The Missouri-based Financial Counselors has invested 0.01% in HCA Healthcare, Inc. (NYSE:HCA). Virtu Financial Limited Liability Corporation stated it has 0.04% in HCA Healthcare, Inc. (NYSE:HCA). The Minnesota-based Bremer Association has invested 0.22% in HCA Healthcare, Inc. (NYSE:HCA). Lpl Fin Limited Liability Co holds 0% or 7,100 shares. Two Sigma Securities Ltd Liability Company reported 0% stake. Thrivent Financial For Lutherans has 73,896 shares. Quinn Opportunity Prns Ltd Liability Co has 5,000 shares for 0.06% of their portfolio. Whittier Com owns 6 shares. Utd Cap Fincl Advisers Ltd Com has invested 0.01% in HCA Healthcare, Inc. (NYSE:HCA). Vanguard Grp reported 19.37 million shares or 0.08% of all its holdings.

Since December 15, 2017, it had 2 insider purchases, and 20 insider sales for $57.01 million activity. 5,822 shares were sold by Englebright Jane D., worth $596,580. Another trade for 8,565 shares valued at $870,619 was sold by Reiner Deborah M. Another trade for 11,520 shares valued at $1.20M was made by Perlin Jonathan B on Thursday, May 17. The insider Cuffe Michael S. sold 8,335 shares worth $810,680. Another trade for 28,650 shares valued at $2.90 million was made by FRIST THOMAS F JR on Tuesday, February 20. Sowell Joseph A III sold $5.53 million worth of stock.

Anthony Bozza decreased its stake in Hca Healthcare Inc (HCA) by 3.42% based on its latest 2018Q1 regulatory filing with the SEC. Lakewood Capital Management Lp sold 73,000 shares as the company’s stock rose 3.67% while stock markets declined. The hedge fund run by Anthony Bozza held 2.06 million shares of the health care company at the end of 2018Q1, valued at $200.21 million, down from 2.14 million at the end of the previous reported quarter. Lakewood Capital Management Lp who had been investing in Hca Healthcare Inc for a number of months, seems to be less bullish one the $37.06 billion market cap company. The stock increased 0.40% or $0.42 during the last trading session, reaching $106.1. About 1.05M shares traded. HCA Healthcare, Inc. (NYSE:HCA) has risen 24.76% since June 14, 2017 and is uptrending. It has outperformed by 12.19% the S&P500.

Lakewood Capital Management Lp, which manages about $3.08B US Long portfolio, upped its stake in Cdk Global Inc (NASDAQ:CDK) by 125,000 shares to 1.10M shares, valued at $69.66M in 2018Q1, according to the filing. It also increased its holding in Brunswick Corp (NYSE:BC) by 990,000 shares in the quarter, for a total of 1.43M shares, and has risen its stake in Westrock Co.

Analysts await HCA Healthcare, Inc. (NYSE:HCA) to report earnings on July, 24. They expect $2.15 earnings per share, up 22.86 % or $0.40 from last year’s $1.75 per share. HCA’s profit will be $751.00M for 12.34 P/E if the $2.15 EPS becomes a reality. After $2.33 actual earnings per share reported by HCA Healthcare, Inc. for the previous quarter, Wall Street now forecasts -7.73 % negative EPS growth.

More notable recent HCA Healthcare, Inc. (NYSE:HCA) news were published by: Bizjournals.com which released: “Report: HCA makes offer to buy Envision” on May 21, 2018, also Bizjournals.com with their article: “Report: HCA makes final bid to buy Envision” published on June 06, 2018, Bizjournals.com published: “Health:Further lands partnership with HCA” on June 14, 2018. More interesting news about HCA Healthcare, Inc. (NYSE:HCA) were released by: Seekingalpha.com and their article: “Reuters: HCA, KKR teaming on Envision buyout bid; EVHC +7.8%” published on May 18, 2018 as well as Bizjournals.com‘s news article titled: “Envision Healthcare sold for $9.9 billion” with publication date: June 11, 2018.

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

Among 15 analysts covering HCA Healthcare (NYSE:HCA), 10 have Buy rating, 2 Sell and 3 Hold. Therefore 67% are positive. HCA Healthcare had 19 analyst reports since December 20, 2017 according to SRatingsIntel. On Thursday, February 1 the stock rating was maintained by BMO Capital Markets with “Outperform”. The firm has “Outperform” rating given on Tuesday, January 30 by Wells Fargo. The company was maintained on Thursday, January 11 by Robert W. Baird. Cantor Fitzgerald maintained HCA Healthcare, Inc. (NYSE:HCA) on Tuesday, May 1 with “Buy” rating. The firm earned “Outperform” rating on Wednesday, January 31 by Credit Suisse. The stock of HCA Healthcare, Inc. (NYSE:HCA) earned “Outperform” rating by Leerink Swann on Wednesday, January 31. SunTrust maintained HCA Healthcare, Inc. (NYSE:HCA) on Wednesday, December 20 with “Buy” rating. Morgan Stanley maintained HCA Healthcare, Inc. (NYSE:HCA) on Thursday, February 1 with “Underweight” rating. Piper Jaffray maintained HCA Healthcare, Inc. (NYSE:HCA) on Tuesday, January 30 with “Hold” rating. The company was maintained on Tuesday, January 23 by William Blair.

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

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