Asset Management One Co. Ltd. cut its stake in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 21.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,584 shares of the health services provider’s stock after selling 6,571 shares during the period. Asset Management One Co. Ltd.’s holdings in Universal Health Services were worth $4,272,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently modified their holdings of UHS. Invesco Ltd. grew its holdings 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 during the period. Dimensional Fund Advisors LP raised its position in Universal Health Services by 9.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,241,738 shares of the health services provider’s stock worth $233,311,000 after acquiring an additional 102,137 shares in the last quarter. AQR Capital Management LLC raised its position in Universal Health Services by 57.8% during the first quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider’s stock worth $173,381,000 after acquiring an additional 340,966 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Universal Health Services by 1.7% in the first quarter. American Century Companies Inc. now owns 634,592 shares of the health services provider’s stock valued at $119,240,000 after purchasing an additional 10,449 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Universal Health Services by 3.5% in the first quarter. Bank of New York Mellon Corp now owns 504,804 shares of the health services provider’s stock valued at $94,853,000 after purchasing an additional 16,900 shares during the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.
Universal Health Services Trading Up 2.5%
NYSE UHS opened at $219.37 on Wednesday. The stock has a market capitalization of $13.96 billion, a price-to-earnings ratio of 10.42, a PEG ratio of 0.88 and a beta of 1.30. Universal Health Services, Inc. has a one year low of $152.33 and a one year high of $226.72. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.29 and a quick ratio of 1.19. The business’s fifty day moving average is $195.76 and its 200-day moving average is $183.98.
Analysts Set New Price Targets
UHS has been the topic of several research reports. JPMorgan Chase & Co. decreased their price target on shares of Universal Health Services from $215.00 to $195.00 and set a “neutral” rating on the stock in a research note on Monday, August 4th. Bank of America lowered 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 report on Wednesday, July 16th. UBS Group set a $227.00 price objective on shares of Universal Health Services in a report on Wednesday, July 30th. Barclays boosted their price target on shares of Universal Health Services from $250.00 to $263.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, Robert W. Baird reduced their price objective on shares of Universal Health Services from $243.00 to $203.00 and set a “neutral” rating for the company in a research report on Thursday, August 14th. Four investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $221.29.
View Our Latest Stock Analysis on UHS
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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