HCA Healthcare (HCA)

• Market cap: $93.5B
• 1 day: -0.09%
• 5 days: 0.91%
• 1 month: 1.47%
• 3 months: 7.23%
• 6 months: 21.59%
• Year to date: 34.14%
• 1 year: 0.48%
• 5 years: 191.23%
• 10 years: 364.3%
• Sector: Healthcare
• Industry: Medical Care Facilities

About: HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2024, the firm owned and operated 190 hospitals, 124 freestanding outpatient surgery centers, and a broad network of physician offices, urgent-care clinics, and freestanding emergency rooms across 20 states and a small foothold in England.

Employees: 316,000

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

47% more first-time investments, than exits

New positions opened: 141 | Existing positions closed: 96

7% more capital invested

Capital invested by funds: $52.5B [Q1] → $56B (+$3.44B) [Q2]

2% more funds holding

Funds holding: 1,210 [Q1] → 1,231 (+21) [Q2]

0.97% less ownership

Funds ownership: 61.77% [Q1] → 60.8% (-0.97%) [Q2]

6% less call options, than puts

Call options by funds: $794M | Put options by funds: $841M

6% less repeat investments, than reductions

Existing positions increased: 436 | Existing positions reduced: 465

14% less funds holding in top 10

Funds holding in top 10: 35 [Q1] → 30 (-5) [Q2]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $370
• Avg. target: $404
• High target: $444

10 analyst ratings

• positive: 4 40%
• neutral: 6 60%
• negative: 0 0%

B of A Securities Joanna Gajuk	$410	Neutral Maintained	10 Sep 2025
Cantor Fitzgerald Sarah James	$444	Overweight Reiterated	26 Aug 2025
Baird Michael Ha	$423	Neutral Maintained	14 Aug 2025
Wells Fargo Stephen Baxter	$375	Equal-Weight Maintained	14 Aug 2025
JP Morgan Benjamin Rossi	$370	Neutral Maintained	4 Aug 2025