IFP Advisors Inc grew its position in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 17.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,546 shares of the health services provider’s stock after buying an additional 231 shares during the quarter. IFP Advisors Inc’s holdings in Universal Health Services were worth $280,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in UHS. Invesco Ltd. raised its position in Universal Health Services by 6.0% during the first quarter. Invesco Ltd. now owns 1,315,468 shares of the health services provider’s stock valued at $247,176,000 after purchasing an additional 74,128 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Universal Health Services by 9.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,241,738 shares of the health services provider’s stock valued at $233,311,000 after purchasing an additional 102,137 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Universal Health Services by 57.8% in the 1st quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider’s stock valued at $173,381,000 after purchasing an additional 340,966 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Universal Health Services by 1.7% during the 1st quarter. American Century Companies Inc. now owns 634,592 shares of the health services provider’s stock worth $119,240,000 after buying an additional 10,449 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Universal Health Services by 3.5% during the 1st quarter. Bank of New York Mellon Corp now owns 504,804 shares of the health services provider’s stock worth $94,853,000 after buying an additional 16,900 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.
Universal Health Services Trading Down 0.5%
Shares of UHS stock opened at $204.00 on Friday. Universal Health Services, Inc. has a 1-year low of $152.33 and a 1-year high of $240.26. The company has a current ratio of 1.29, a quick ratio of 1.19 and a debt-to-equity ratio of 0.64. The stock has a market cap of $12.98 billion, a price-to-earnings ratio of 10.74, a PEG ratio of 0.85 and a beta of 1.30. The stock has a 50-day moving average of $190.44 and a 200-day moving average of $182.27.
Wall Street Analyst Weigh In
UHS has been the topic of a number of recent analyst reports. Robert W. Baird decreased their target price on Universal Health Services from $243.00 to $203.00 and set a “neutral” rating on the stock in a research report on Thursday, August 14th. Royal Bank Of Canada upped their price objective on shares of Universal Health Services from $201.00 to $206.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 19th. Bank of America downgraded shares of Universal Health Services from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from $215.00 to $185.00 in a research note on Wednesday, July 16th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $227.00 target price on shares of Universal Health Services in a research note on Tuesday, October 7th. Finally, Barclays lowered their price target on shares of Universal Health Services from $259.00 to $250.00 and set an “overweight” rating for the company in a report on Thursday, September 18th. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Universal Health Services has an average rating of “Hold” and an average target price of $218.69.
Universal Health Services 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.
See Also
- Five stocks we like better than Universal Health Services
- What is the Australian Securities Exchange (ASX)
- Salesforce’s Long-Awaited Inflection is Here: Rally On!
- Using the MarketBeat Dividend Tax Calculator
- Rocket Lab USA Receives Wall Street Validation: Time to Buy?
- What is Insider Trading? What You Can Learn from Insider Trading
- Archer Buys Rival’s Patent Treasure Trove in Strategic Move
Want to see what other hedge funds are holding UHS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Universal Health Services, Inc. (NYSE:UHS – Free Report).
Receive News & Ratings for Universal Health Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services and related companies with MarketBeat.com's FREE daily email newsletter.
