Mariner Investment Group Lowers stake in HCA Holdings Inc (HCA)

HCA Holdings Inc (HCA) : Mariner Investment Group reduced its stake in HCA Holdings Inc by 15.45% during the most recent quarter end. The investment management company now holds a total of 46,500 shares of HCA Holdings Inc which is valued at $3,520,515 after selling 8,500 shares in HCA Holdings Inc , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.HCA Holdings Inc makes up approximately 1.14% of Mariner Investment Group’s portfolio.

Other Hedge Funds, Including , Exane Derivatives added HCA to its portfolio by purchasing 154,498 company shares during the most recent quarter which is valued at $11,697,044. HCA Holdings Inc makes up approx 1.91% of Exane Derivatives’s portfolio. Everence Capital Management Inc added HCA to its portfolio by purchasing 4,890 company shares during the most recent quarter which is valued at $370,222. HCA Holdings Inc makes up approx 0.11% of Everence Capital Management Inc’s portfolio.Northern Capital Management reduced its stake in HCA by selling 1,040 shares or 8.89% in the most recent quarter. The Hedge Fund company now holds 10,655 shares of HCA which is valued at $830,877. HCA Holdings Inc makes up approx 0.36% of Northern Capital Management’s portfolio.Ibm Retirement Fund reduced its stake in HCA by selling 1,358 shares or 3.24% in the most recent quarter. The Hedge Fund company now holds 40,507 shares of HCA which is valued at $3,254,737. HCA Holdings Inc makes up approx 0.12% of Ibm Retirement Fund’s portfolio.

HCA Holdings Inc opened for trading at $76.02 and hit $77.07 on the upside on Monday, eventually ending the session at $76.25, with a gain of 0.54% or 0.41 points. The heightened volatility saw the trading volume jump to 36,98,248 shares. Company has a market cap of $28,872 M.

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. 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 was Initiated by Bernstein to “Mkt Perform” on Jun 16, 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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