Mizuho Upgrades HCA Holdings Inc to Buy

Brokerage firm Mizuho Upgrades its rating on HCA Holdings Inc(HCA). The shares have been rated Buy. Previously, the analysts had a Neutral rating on the shares. The rating by the stock financial advisor at Mizuho was issued on Mar 27, 2017 in a research report to their Investors and Clients.

HCA Holdings Inc (HCA) made into the market gainers list on Fridays trading session with the shares advancing 3.45% or 2.87 points. Due to strong positive momentum, the stock ended at $86.04, which is also near the day’s high of $86.48. The stock began the session at $83.64 and the volume stood at 58,55,225 shares. The 52-week high of the shares is $88.62 and the 52 week low is $67. The company has a current market capitalization of $31,873 M and it has 37,04,40,790 shares in outstanding.

HCA Holdings Inc(HCA) last announced its earnings results on Oct 27, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $10.27B. Analysts had an estimated revenue of $10.41B. Earnings per share were $1.45. The reported EPS was above estimates by $0.02 or 1.40%. Analysts had estimated an EPS of $1.43.

Several Insider Transactions has been reported to the SEC. On Mar 17, 2017, Michael S. Cuffe (President-Physician Services) sold 2,150 shares at $84.10 per share price.Also, On Feb 23, 2017, Jana Joustra Davis (SVP – Corporate Affairs) sold 15,342 shares at $85.83 per share price.On Feb 14, 2017, Wayne Joseph Riley (director) sold 2,500 shares at $84.00 per share price, according to the Form-4 filing with the securities and exchange commission.

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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