Deutsche Bank AG raised its stake in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 53.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 255,828 shares of the health services provider’s stock after purchasing an additional 88,835 shares during the period. Deutsche Bank AG’s holdings in Universal Health Services were worth $45,901,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. R Squared Ltd purchased a new stake in shares of Universal Health Services during the 4th quarter valued at $29,000. Quent Capital LLC lifted its holdings in shares of Universal Health Services by 118.3% during the 4th quarter. Quent Capital LLC now owns 179 shares of the health services provider’s stock valued at $32,000 after purchasing an additional 97 shares during the last quarter. Campbell Capital Management Inc. purchased a new stake in shares of Universal Health Services during the 4th quarter valued at $46,000. Huntington National Bank lifted its holdings in shares of Universal Health Services by 55.6% during the 4th quarter. Huntington National Bank now owns 280 shares of the health services provider’s stock valued at $50,000 after purchasing an additional 100 shares during the last quarter. Finally, Board of the Pension Protection Fund purchased a new stake in shares of Universal Health Services during the 4th quarter valued at $72,000. Hedge funds and other institutional investors own 86.05% of the company’s stock.
Analysts Set New Price Targets
Several analysts have recently commented on the company. Cantor Fitzgerald upgraded Universal Health Services from a “neutral” rating to an “overweight” rating in a report on Monday, February 3rd. Morgan Stanley initiated coverage on shares of Universal Health Services in a research report on Wednesday, March 26th. They set an “equal weight” rating and a $200.00 target price on the stock. Stephens boosted their target price on shares of Universal Health Services from $210.00 to $223.00 and gave the stock an “equal weight” rating in a research report on Friday, February 28th. Royal Bank of Canada dropped their target price on shares of Universal Health Services from $211.00 to $201.00 and set a “sector perform” rating on the stock in a research report on Wednesday, April 30th. Finally, Baird R W downgraded shares of Universal Health Services from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 15th. Nine equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $224.77.
Universal Health Services Price Performance
NYSE:UHS opened at $192.26 on Wednesday. Universal Health Services, Inc. has a one year low of $153.99 and a one year high of $243.25. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39. The firm has a market cap of $12.50 billion, a price-to-earnings ratio of 12.78, a PEG ratio of 0.53 and a beta of 1.29. The firm’s fifty day moving average is $177.43 and its two-hundred day moving average is $185.61.
Universal Health Services (NYSE:UHS – Get Free Report) last posted its earnings results on Monday, April 28th. The health services provider reported $4.84 earnings per share for the quarter, beating the consensus estimate of $4.36 by $0.48. The firm had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.16 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The business’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the firm earned $3.70 EPS. Research analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current year.
Insider Activity
In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $179.16, for a total transaction of $179,160.00. Following the transaction, the director now owns 7,916 shares in the company, valued at approximately $1,418,230.56. This represents a 11.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 16.40% of the company’s stock.
About Universal Health Services
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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