LSV Asset Management cut its holdings in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 847,651 shares of the health services provider’s stock after selling 29,136 shares during the quarter. LSV Asset Management’s holdings in Universal Health Services were worth $152,086,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the business. Capital Fund Management S.A. boosted its stake in Universal Health Services by 294.5% in the fourth quarter. Capital Fund Management S.A. now owns 68,799 shares of the health services provider’s stock valued at $12,344,000 after buying an additional 51,359 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of Universal Health Services by 1.3% during the fourth quarter. Bessemer Group Inc. now owns 20,496 shares of the health services provider’s stock valued at $3,677,000 after purchasing an additional 267 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Universal Health Services during the fourth quarter valued at about $29,301,000. Martingale Asset Management L P boosted its stake in shares of Universal Health Services by 0.8% during the fourth quarter. Martingale Asset Management L P now owns 73,445 shares of the health services provider’s stock valued at $13,178,000 after purchasing an additional 587 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Universal Health Services by 25.6% during the fourth quarter. Invesco Ltd. now owns 1,241,340 shares of the health services provider’s stock valued at $222,721,000 after purchasing an additional 253,385 shares in the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
UHS has been the topic of a number of recent research reports. JPMorgan Chase & Co. reissued a “neutral” rating and set a $226.00 price target on shares of Universal Health Services in a research note on Tuesday, December 17th. Morgan Stanley began coverage on Universal Health Services in a research note on Wednesday, March 26th. They issued an “equal weight” rating and a $200.00 price objective on the stock. Stephens lifted their price objective on Universal Health Services from $210.00 to $223.00 and gave the stock an “equal weight” rating in a research note on Friday, February 28th. Barclays cut their price objective on Universal Health Services from $271.00 to $249.00 and set an “overweight” rating on the stock in a research note on Thursday, February 27th. Finally, Wells Fargo & Company cut their price objective on Universal Health Services from $230.00 to $225.00 and set an “overweight” rating on the stock in a research note on Monday, March 10th. Seven investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $226.93.
Insider Buying and Selling
In other news, Director Maria Ruderman Singer sold 1,000 shares of Universal Health Services stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $179.16, for a total value of $179,160.00. Following the sale, the director now directly owns 7,916 shares in the company, valued at approximately $1,418,230.56. This trade represents a 11.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 16.10% of the stock is owned by corporate insiders.
Universal Health Services Trading Up 5.8 %
NYSE UHS opened at $183.31 on Thursday. The business has a 50 day moving average price of $180.53 and a 200-day moving average price of $193.74. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69. Universal Health Services, Inc. has a 52 week low of $152.69 and a 52 week high of $243.25. The company has a market cap of $11.92 billion, a price-to-earnings ratio of 12.19, a P/E/G ratio of 0.53 and a beta of 1.21.
Universal Health Services (NYSE:UHS – Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The health services provider reported $4.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.21 by $0.71. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The company had revenue of $4.11 billion for the quarter, compared to analyst estimates of $4.01 billion. As a group, equities analysts expect that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.
Universal Health Services Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.80 annualized dividend and a yield of 0.44%. Universal Health Services’s payout ratio is 4.75%.
Universal Health Services Company Profile
Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.
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