HCA (HCA) is Downgraded by Wells Fargo to Market Perform

HCA (HCA) is Downgraded by Wells Fargo to Market Perform , according to the research report released to the investors. Earlier the firm had a rating of Outperform on the company shares. The shares recommendation by the Brokerage Firm was released on Jan-4-2016.

HCA Holdings, Inc. has dropped 12.27% during the last 3-month period . Year-to-Date the stock performance stands at -7.85%.The company shares have dropped -7.48% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $95.49 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $67.57 and the 200 Day Moving Average price is recorded at $79.84.

HCA Holdings, Inc. (NYSE:HCA) has dropped 1.87% during the past week, however, the bigger picture is still very bullish; the shares have posted positive gains of 0.57% in the last 4 weeks. The shares have underperformed the S&P 500 by 1.05% during the past week but HCA Holdings, Inc. (NYSE:HCA) has outperformed the index in 4 weeks by 2.91%.

Shares of HCA Holdings, Inc. (NYSE:HCA) ended Thursday session in red amid volatile trading. The shares closed down 0.81 points or 1.18% at $67.63 with 2,320,243 shares getting traded. Post opening the session at $67.95, the shares hit an intraday low of $67.6 and an intraday high of $68.86 and the price vacillated in this range throughout the day. The company has a market cap of $27,571 million and the number of outstanding shares have been calculated to be 407,667,700 shares. The 52-week high of HCA Holdings, Inc. (NYSE:HCA) is $95.489 and the 52-week low is $43.91.

Currently the company Insiders own 3.1% of HCA Holdings, Inc. shares according to the proxy statements. Institutional Investors own 76% of HCA Holdings, Inc. shares. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, The Securities and Exchange Commission has divulged that Cuffe Michael S., officer (President-Physician Services) of Hca Holdings, Inc., had unloaded 2,575 shares at an average price of $70 in a transaction dated on December 1, 2015. The total value of the transaction was worth $180,250.

HCA Holdings, Inc. (HCA) is a holding company whose affiliates owns and operates hospitals and related healthcare entities. The Company owns and operates approximately 165 hospitals and approximately 115 freestanding surgery centers in 20 states of the United States and London, the United Kingdom. Its operations are structured into two geographically organized groups, the National and American Groups. As of September 30, 2014, the National Group had 81 hospitals located in Alaska, California, Florida, southern Georgia, Idaho, Indiana, northern Kentucky, Nevada, New Hampshire, South Carolina, Utah and Virginia, and the American Group had 77 hospitals located in Colorado, northern Georgia, Kansas, southern Kentucky, Louisiana, Mississippi, Missouri, Oklahoma, Tennessee and Texas. As of September 30, 2014, the Company also operated seven hospitals in the United Kingdom, and these facilities are included in the Corporate and other group.