Vanguard Boosts HCA Healthcare Stake to 17.1%
Ticker: HCA · Form: SC 13G/A · Filed: Feb 13, 2024 · CIK: 860730
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, amendment, healthcare, passive-investment
TL;DR
**Vanguard now owns 17.1% of HCA Healthcare, signaling strong institutional confidence.**
AI Summary
The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, disclosing its ownership in HCA Healthcare Inc. As of December 29, 2023, Vanguard holds 44,957,092 shares of HCA Healthcare's Common Stock, representing 17.1% of the company. This filing indicates Vanguard's continued significant passive investment in HCA Healthcare, signaling its long-term confidence in the hospital operator.
Why It Matters
This filing shows that a major institutional investor, Vanguard, maintains a substantial stake in HCA Healthcare, which can be seen as a vote of confidence in the company's future performance and stability.
Risk Assessment
Risk Level: low — This filing indicates a stable, passive institutional ownership, which generally reduces volatility and risk for other investors.
Analyst Insight
A smart investor would view Vanguard's substantial and stable ownership as a positive indicator, suggesting long-term confidence in HCA Healthcare's business model and potential for growth.
Key Numbers
- 44,957,092 — Shares Owned (The number of HCA Healthcare common stock shares beneficially owned by The Vanguard Group.)
- 17.1% — Ownership Percentage (The percentage of HCA Healthcare's common stock owned by The Vanguard Group, indicating a significant stake.)
Key Players & Entities
- The Vanguard Group (company) — reporting person and institutional investor
- HCA Healthcare Inc. (company) — subject company, a general medical & surgical hospital operator
- 44,957,092 shares (dollar_amount) — number of common stock shares beneficially owned by Vanguard
- 17.1% (dollar_amount) — percentage of HCA Healthcare's common stock owned by Vanguard
- December 29, 2023 (date) — date of the event requiring the filing
Forward-Looking Statements
- Vanguard will likely maintain its significant passive stake in HCA Healthcare. (The Vanguard Group) — high confidence, target: 2025-12-31
- HCA Healthcare's stock price will experience continued stability due to large institutional ownership. (HCA Healthcare Inc.) — medium confidence, target: 2024-12-31
FAQ
Who filed this SC 13G/A amendment?
The Vanguard Group, a major investment management company, filed this SC 13G/A amendment regarding its holdings in HCA Healthcare Inc.
What is the subject company of this filing?
The subject company is HCA Healthcare Inc., identified by CIK 0000860730, which operates general medical & surgical hospitals.
What percentage of HCA Healthcare's common stock does Vanguard now own?
As of December 29, 2023, The Vanguard Group beneficially owns 17.1% of HCA Healthcare Inc.'s Common Stock.
How many shares of HCA Healthcare does Vanguard beneficially own?
The Vanguard Group beneficially owns 44,957,092 shares of HCA Healthcare Inc.'s Common Stock.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 29, 2023.
Filing Stats: 808 words · 3 min read · ~3 pages · Grade level 11.4 · Accepted 2024-02-13 17:06:27
Filing Documents
- tv01088-hcahealthcareinc.htm (SC 13G/A) — 11KB
- 0001104659-24-021090.txt ( ) — 13KB
(a) - Name of Issuer
Item 1(a) - Name of Issuer: HCA Healthcare Inc
(b) - Address of Issuer's Principal Executive Offices
Item 1(b) - Address of Issuer's Principal Executive Offices: One Park Plaza Nashville, TN 37203-6527
(a) - Name of Person Filing
Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930
(b) – Address of Principal Business Office or, if none, residence
Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355
(c) – Citizenship
Item 2(c) – Citizenship: Pennsylvania
(d) - Title of Class of Securities
Item 2(d) - Title of Class of Securities: Common Stock
(e) - CUSIP Number
Item 2(e) - CUSIP Number 40412C101
- Type of Filing
Item 3 - Type of Filing: This statement is being filed pursuant to Rule 13d-1. An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).
- Ownership
Item 4 - Ownership: (a) Amount Beneficially Owned: (b) Percent of Class: (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: (ii) shared power to vote or direct to vote: (iii) sole power to dispose of or to direct the disposition of: (iv) shared power to dispose or to direct the disposition of: Comments: The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.
- Ownership of Five Percent or Less of a Class
Item 5 - Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following
- Ownership of More Than Five Percent on Behalf of Another Person
Item 6 - Ownership of More Than Five Percent on Behalf of Another Person: The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%. Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company: Not applicable
- Identification and Classification of Members of Group
Item 8 - Identification and Classification of Members of Group: Not applicable
- Notice of Dissolution of Group
Item 9 - Notice of Dissolution of Group: Not applicable
- Certification
Item 10 - Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 13, 2024 By /s/ Ashley Grim Name: Ashley Grim Title: Head of Global Fund Administration