Kentucky Retirement Systems Sells 56 Shares of Universal Health Services, Inc. (NYSE:UHS)

Kentucky Retirement Systems cut its holdings in Universal Health Services, Inc. (NYSE:UHS) by 1.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,086 shares of the health services provider’s stock after selling 56 shares during the period. Kentucky Retirement Systems’ holdings in Universal Health Services were worth $733,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. R Squared Ltd bought a new position in shares of Universal Health Services in the fourth quarter worth about $29,000. Financial Management Professionals Inc. bought a new position in shares of Universal Health Services in the third quarter worth about $32,000. Quent Capital LLC increased its stake in Universal Health Services by 118.3% during the fourth quarter. Quent Capital LLC now owns 179 shares of the health services provider’s stock valued at $32,000 after acquiring an additional 97 shares during the period. True Wealth Design LLC bought a new position in Universal Health Services during the third quarter valued at about $39,000. Finally, Huntington National Bank increased its stake in Universal Health Services by 414.3% during the third quarter. Huntington National Bank now owns 180 shares of the health services provider’s stock valued at $41,000 after acquiring an additional 145 shares during the period. 86.05% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on UHS. StockNews.com lowered Universal Health Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 9th. Cantor Fitzgerald upgraded Universal Health Services from a “neutral” rating to an “overweight” rating in a research note on Monday, February 3rd. Bank of America began coverage on Universal Health Services in a research note on Wednesday, November 6th. They set a “neutral” rating and a $223.00 price target on the stock. JPMorgan Chase & Co. restated a “neutral” rating and set a $226.00 price target on shares of Universal Health Services in a research note on Tuesday, December 17th. Finally, The Goldman Sachs Group lowered Universal Health Services from a “buy” rating to a “neutral” rating and lowered their price target for the company from $228.00 to $198.00 in a research note on Monday, December 16th. Six investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $226.14.

Universal Health Services Stock Up 0.7 %

Shares of UHS opened at $181.21 on Tuesday. The company has a market capitalization of $11.95 billion, a P/E ratio of 12.05, a PEG ratio of 0.53 and a beta of 1.30. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. Universal Health Services, Inc. has a one year low of $152.68 and a one year high of $243.25. The business’s 50 day simple moving average is $184.21 and its 200-day simple moving average is $205.83.

Universal Health Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.44%. The ex-dividend date is Monday, March 3rd. Universal Health Services’s payout ratio is currently 5.32%.

Insider Transactions at Universal Health Services

In other news, Director Maria Ruderman Singer sold 1,614 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total value of $308,516.10. Following the transaction, the director now directly owns 5,879 shares of the company’s stock, valued at $1,123,770.85. The trade was a 21.54 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 16.10% of the stock is owned by company insiders.

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.