Caprock Group LLC Buys Shares of 1,412 Universal Health Services, Inc. (NYSE:UHS)

Caprock Group LLC bought a new stake in shares of Universal Health Services, Inc. (NYSE:UHS) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,412 shares of the health services provider’s stock, valued at approximately $323,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UHS. Cetera Advisors LLC acquired a new stake in shares of Universal Health Services in the 1st quarter worth approximately $642,000. NBC Securities Inc. lifted its stake in shares of Universal Health Services by 403.2% in the 2nd quarter. NBC Securities Inc. now owns 7,321 shares of the health services provider’s stock worth $1,353,000 after acquiring an additional 5,866 shares during the period. Cetera Investment Advisers lifted its stake in shares of Universal Health Services by 134.2% in the 1st quarter. Cetera Investment Advisers now owns 8,744 shares of the health services provider’s stock worth $1,595,000 after acquiring an additional 5,010 shares during the period. ProShare Advisors LLC lifted its stake in shares of Universal Health Services by 107.3% in the 2nd quarter. ProShare Advisors LLC now owns 22,284 shares of the health services provider’s stock worth $4,121,000 after acquiring an additional 11,532 shares during the period. Finally, National Pension Service lifted its stake in shares of Universal Health Services by 3,477,100.0% in the 3rd quarter. National Pension Service now owns 34,772 shares of the health services provider’s stock worth $7,963,000 after acquiring an additional 34,771 shares during the period. 86.05% of the stock is owned by institutional investors and hedge funds.

Universal Health Services Stock Up 0.2 %

Universal Health Services stock opened at $197.94 on Friday. The firm has a market cap of $13.06 billion, a PE ratio of 13.16, a P/E/G ratio of 0.63 and a beta of 1.29. 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’s 50 day moving average price is $218.02 and its two-hundred day moving average price is $206.35. Universal Health Services, Inc. has a twelve month low of $133.70 and a twelve month high of $243.25.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Thursday, October 24th. The health services provider reported $3.71 earnings per share for the quarter, missing the consensus estimate of $3.75 by ($0.04). The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.90 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.55 EPS. On average, research analysts predict that Universal Health Services, Inc. will post 15.93 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.40%. The ex-dividend date of this dividend is Tuesday, December 3rd. Universal Health Services’s dividend payout ratio is 5.32%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on UHS. TD Cowen reduced their price target on shares of Universal Health Services from $283.00 to $275.00 and set a “buy” rating for the company in a research note on Monday, October 28th. KeyCorp began coverage on shares of Universal Health Services in a research note on Friday, October 11th. They set a “sector weight” rating for the company. Barclays increased their target price on shares of Universal Health Services from $256.00 to $271.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Robert W. Baird increased their target price on shares of Universal Health Services from $236.00 to $274.00 and gave the company an “outperform” rating in a research note on Wednesday, September 4th. Finally, StockNews.com lowered shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 9th. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Universal Health Services has a consensus rating of “Moderate Buy” and an average target price of $231.14.

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.