International Assets Investment Management LLC Grows Stake in Universal Health Services, Inc. (NYSE:UHS)

International Assets Investment Management LLC grew its holdings in Universal Health Services, Inc. (NYSE:UHS) by 4,906.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 3,354 shares of the health services provider’s stock after acquiring an additional 3,287 shares during the quarter. International Assets Investment Management LLC’s holdings in Universal Health Services were worth $511,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC increased its holdings in shares of Universal Health Services by 42.8% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider’s stock valued at $34,000 after acquiring an additional 80 shares during the last quarter. Platinum Investment Management Ltd. increased its holdings in shares of Universal Health Services by 16.9% in the 3rd quarter. Platinum Investment Management Ltd. now owns 727 shares of the health services provider’s stock valued at $91,000 after acquiring an additional 105 shares during the last quarter. Tompkins Financial Corp purchased a new position in shares of Universal Health Services in the 4th quarter valued at about $96,000. Van ECK Associates Corp increased its holdings in shares of Universal Health Services by 9.6% in the 3rd quarter. Van ECK Associates Corp now owns 1,004 shares of the health services provider’s stock valued at $126,000 after acquiring an additional 88 shares during the last quarter. Finally, V Square Quantitative Management LLC purchased a new position in Universal Health Services during the 3rd quarter worth approximately $175,000. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on UHS. Citigroup raised their price target on Universal Health Services from $170.00 to $193.00 and gave the stock a “buy” rating in a research note on Thursday, February 29th. StockNews.com upgraded Universal Health Services from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Barclays began coverage on Universal Health Services in a research note on Wednesday, March 6th. They set an “equal weight” rating and a $181.00 price target on the stock. Mizuho raised their price target on Universal Health Services from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Finally, Cantor Fitzgerald restated an “underweight” rating and set a $156.00 price target on shares of Universal Health Services in a research note on Wednesday, April 10th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, Universal Health Services has a consensus rating of “Moderate Buy” and a consensus price target of $180.07.

Insider Buying and Selling

In related news, CFO Steve Filton sold 35,000 shares of Universal Health Services stock in a transaction on Friday, March 8th. The stock was sold at an average price of $176.82, for a total transaction of $6,188,700.00. Following the completion of the transaction, the chief financial officer now directly owns 68,785 shares of the company’s stock, valued at $12,162,563.70. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 16.10% of the stock is currently owned by insiders.

Universal Health Services Stock Down 0.5 %

UHS opened at $165.10 on Friday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.40 and a quick ratio of 1.29. The business has a 50 day simple moving average of $170.55 and a 200-day simple moving average of $153.10. The stock has a market capitalization of $11.10 billion, a P/E ratio of 16.09, a P/E/G ratio of 0.82 and a beta of 1.24. Universal Health Services, Inc. has a 12 month low of $119.90 and a 12 month high of $183.61.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Wednesday, April 24th. The health services provider reported $3.70 EPS for the quarter, beating the consensus estimate of $3.14 by $0.56. The business had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3.78 billion. Universal Health Services had a return on equity of 12.08% and a net margin of 5.03%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period last year, the firm earned $2.34 EPS. On average, equities analysts anticipate that Universal Health Services, Inc. will post 13.34 earnings per share for the current fiscal year.

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.