Is HCA Holdings Inc (HCA) A Good Stock To Buy?

As we already know from media reports and hedge fund investor letters, many hedge funds lost money in the third quarter, blaming macroeconomic conditions and unpredictable events that hit several sectors, with healthcare among them. Nevertheless, most investors decided to stick to their bullish theses and their long-term focus allows us to profit from the recent declines. In particular, let’s take a look at what hedge funds think about HCA Holdings Inc (NYSE:HCA) in this article.

HCA Holdings Inc (NYSE:HCA) investors should pay attention to a slight decrease in support from the world’s most elite money managers of late. HCA was in 67 hedge funds’ portfolios at the end of December. There were 71 hedge funds in our database with HCA positions at the end of the previous quarter. The level and the change in hedge fund popularity aren’t the only variables you need to analyze to decipher hedge funds’ perspectives. A stock may witness a boost in popularity but it may still be less popular than similarly priced stocks. That’s why at the end of this article we will examine companies such as Imperial Oil Limited (USA) (NYSEAMEX:IMO), Korea Electric Power Corporation (ADR) (NYSE:KEP), and State Street Corporation (NYSE:STT) to gather more data points.

To most market participants, hedge funds are viewed as unimportant, outdated investment vehicles of years past. While there are more than 8000 funds trading at the moment, Our experts choose to focus on the bigwigs of this group, about 700 funds. These investment experts handle the majority of the smart money’s total capital, and by paying attention to their best investments, Insider Monkey has unearthed several investment strategies that have historically defeated Mr. Market. Insider Monkey’s small-cap hedge fund strategy outstripped the S&P 500 index by 12 percentage points a year for a decade in their back tests.

Larry Robbins’ Glenview Capital, which ranks as the largest shareholder of HCA in our database, is betting big on h0spitals operators. The fund discussed in detail its bets in the industry in the third-quarter investor letter. Read on to see what the fund said about HCA.