Dark pool activity was detected in HCA stock on February 11, 2020.
We think the dark pool trade was a buy order because of how the price of HCA stock responded to the print. We also the dark pool trade was a buy order because of the beautiful rising large players volume in the stock over the last few weeks.
On February 3, 2020, Barclays analyst Steve Valiquette raised his price target for HCA Healthcare to $177 from $172 saying the company HCA continues to showcase positive operating momentum after delivering a strong finish to 2019. The volume outlook for HCA remains on solid footing driven by high quality end-market growth and continued market share gains, Valiquette tells investors in a research note. He believes the company’s momentum is building into 2020 and keeps an Overweight rating on the shares.
On January 29, 2020, SunTrust analyst David MacDonald raised his price target on HCA Healthcare to $185 and kept his Buy rating after its Q4 results, saying the quarter was driven by strong same-facility volumes, market share gains, and “robust” cash flows. The analyst believes that the company is “superbly positioned” given its “premium assets” in growing markets and a sizable outpatient presence. MacDonald adds that HCA has “significant running room” for capital investment.
Also on January 29, 2020, Oppenheimer analyst Michael Wiederhorn raised his price target for HCA Healthcare to $160 from $155, citing a “strong” Q4 and “solid” 2020 guidance. The analyst has an Outperform rating on the shares.
On January 28, 2020, HCA Healthcare, Inc. (NYSE: HCA) announced financial and operating results for the fourth quarter ended December 31, 2019. HCA Healthcare reported Q4 EPS of $3.09 which was in-line with consensus estimates. The company reported Q4 revenue of $13.52B versus the consensus estimate of $13.37B.
The HCA Healthcare, Inc. Board of Directors has authorized an additional share repurchase program for up to $2 billion of the Company’s outstanding common stock. Repurchases will be made in accordance with applicable securities laws and may be made at management’s discretion from time to time in the open market, through privately negotiated transactions, or otherwise. The repurchase program has no time limit and may be suspended for periods or discontinued at any time.