Resonant Capital Advisors LLC Buys 123 Shares of Universal Health Services, Inc. $UHS

Resonant Capital Advisors LLC raised its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 3.6% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,516 shares of the health services provider’s stock after purchasing an additional 123 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Universal Health Services were worth $637,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Universal Health Services during the second quarter valued at approximately $87,373,000. AQR Capital Management LLC increased its holdings 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 worth $173,381,000 after purchasing an additional 340,966 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Universal Health Services by 329.4% in the 1st quarter. Ameriprise Financial Inc. now owns 404,806 shares of the health services provider’s stock worth $76,081,000 after purchasing an additional 310,531 shares in the last quarter. Nuveen LLC bought a new stake in shares of Universal Health Services in the 1st quarter worth $25,555,000. Finally, Assenagon Asset Management S.A. increased its holdings in Universal Health Services by 119.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 241,164 shares of the health services provider’s stock worth $43,687,000 after buying an additional 131,305 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on UHS. Weiss Ratings reiterated a “hold (c+)” rating on shares of Universal Health Services in a research note on Friday. Barclays cut their target price on shares of Universal Health Services from $259.00 to $250.00 and set an “overweight” rating for the company in a research report on Thursday, September 18th. The Goldman Sachs Group began coverage on shares of Universal Health Services in a research report on Tuesday, October 14th. They issued a “neutral” rating and a $219.00 target price for the company. Robert W. Baird cut their target price 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. Finally, Wells Fargo & Company lifted their price objective on Universal Health Services from $210.00 to $249.00 and gave the stock an “overweight” rating in a report on Tuesday, October 7th. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $218.69.

Universal Health Services Stock Performance

Shares of NYSE UHS opened at $210.79 on Monday. Universal Health Services, Inc. has a 12-month low of $152.33 and a 12-month high of $214.10. The firm has a 50 day moving average of $194.29 and a 200 day moving average of $183.48. 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 firm has a market capitalization of $13.41 billion, a price-to-earnings ratio of 11.10, a price-to-earnings-growth ratio of 0.86 and a beta of 1.30.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.85 by $0.50. Universal Health Services had a net margin of 7.66% and a return on equity of 18.25%. The firm had revenue of $4.28 billion during the quarter, compared to the consensus estimate of $4.24 billion. During the same quarter in the previous year, the firm posted $4.31 EPS. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. On average, research analysts anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current 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.