Universal Health Services, Inc. (NYSE:UHS) Shares Purchased by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 3.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 5,436 shares of the health services provider’s stock after buying an additional 176 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Universal Health Services were worth $829,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Czech National Bank lifted its stake in shares of Universal Health Services by 45.8% during the 3rd quarter. Czech National Bank now owns 10,861 shares of the health services provider’s stock worth $1,366,000 after purchasing an additional 3,411 shares during the period. Asset Management One Co. Ltd. lifted its stake in shares of Universal Health Services by 10.8% during the 3rd quarter. Asset Management One Co. Ltd. now owns 28,456 shares of the health services provider’s stock worth $3,578,000 after purchasing an additional 2,770 shares during the period. Handelsbanken Fonder AB lifted its stake in shares of Universal Health Services by 13.4% during the 3rd quarter. Handelsbanken Fonder AB now owns 9,300 shares of the health services provider’s stock worth $1,169,000 after purchasing an additional 1,100 shares during the period. Linden Thomas Advisory Services LLC lifted its stake in shares of Universal Health Services by 2.1% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 5,816 shares of the health services provider’s stock worth $731,000 after purchasing an additional 122 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of Universal Health Services by 1.5% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 33,440 shares of the health services provider’s stock worth $4,204,000 after purchasing an additional 482 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Trading Down 0.5 %

NYSE:UHS opened at $165.10 on Friday. The business’s 50-day moving average is $170.55 and its two-hundred day moving average is $153.10. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.40 and a quick ratio of 1.29. Universal Health Services, Inc. has a 12 month low of $119.90 and a 12 month high of $183.61. The firm has a market capitalization of $11.10 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 0.83 and a beta of 1.24.

Universal Health Services (NYSE:UHS) last announced its earnings results on Wednesday, April 24th. The health services provider reported $3.70 earnings per share for the quarter, beating the consensus estimate of $3.14 by $0.56. The company had revenue of $3.84 billion during the quarter, compared to the consensus estimate of $3.78 billion. Universal Health Services had a return on equity of 13.43% and a net margin of 5.57%. The company’s revenue was up 10.8% on a year-over-year basis. During the same period last year, the firm earned $2.34 earnings per share. Research analysts predict that Universal Health Services, Inc. will post 13.34 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on UHS. 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. Citigroup increased their target price on Universal Health Services from $170.00 to $193.00 and gave the stock a “buy” rating in a research report on Thursday, February 29th. Deutsche Bank Aktiengesellschaft cut their target price on Universal Health Services from $208.00 to $203.00 and set a “buy” rating on the stock in a research report on Friday, April 12th. Mizuho increased their target price on Universal Health Services from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. Finally, TD Cowen increased their target price on Universal Health Services from $140.00 to $181.00 and gave the stock a “market perform” rating in a research report on Friday, March 1st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $180.07.

Insider Activity

In other news, CFO Steve Filton sold 35,000 shares of the firm’s stock in a transaction dated 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 sale, the chief financial officer now directly owns 68,785 shares in the company, valued at $12,162,563.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 16.10% of the company’s stock.

About Universal Health Services

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.