Cwm LLC reduced its holdings in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 1.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,108 shares of the health services provider’s stock after selling 208 shares during the quarter. Cwm LLC’s holdings in Universal Health Services were worth $2,012,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in the business. Invesco Ltd. increased its stake in Universal Health Services by 6.0% in the first quarter. Invesco Ltd. now owns 1,315,468 shares of the health services provider’s stock valued at $247,176,000 after purchasing an additional 74,128 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Universal Health Services by 9.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,241,738 shares of the health services provider’s stock valued at $233,311,000 after purchasing an additional 102,137 shares during the last quarter. AQR Capital Management LLC increased its stake in Universal Health Services by 57.8% in the first quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider’s stock valued at $173,381,000 after purchasing an additional 340,966 shares during the last quarter. American Century Companies Inc. increased its stake in Universal Health Services by 1.7% in the first quarter. American Century Companies Inc. now owns 634,592 shares of the health services provider’s stock valued at $119,240,000 after purchasing an additional 10,449 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Universal Health Services by 3.5% in the first quarter. Bank of New York Mellon Corp now owns 504,804 shares of the health services provider’s stock valued at $94,853,000 after purchasing an additional 16,900 shares during the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.
Universal Health Services Price Performance
Shares of NYSE UHS opened at $204.48 on Monday. Universal Health Services, Inc. has a 1-year low of $152.33 and a 1-year high of $240.26. The business has a 50-day moving average of $191.08 and a 200-day moving average of $182.30. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.29 and a quick ratio of 1.19. The company has a market capitalization of $13.01 billion, a price-to-earnings ratio of 10.77, a PEG ratio of 0.84 and a beta of 1.30.
Analyst Upgrades and Downgrades
Several research firms recently commented on UHS. Wells Fargo & Company upped their target price on Universal Health Services from $210.00 to $249.00 and gave the company an “overweight” rating in a research note on Tuesday, October 7th. Wall Street Zen upgraded Universal Health Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. The Goldman Sachs Group assumed coverage on Universal Health Services in a research note on Tuesday, October 14th. They set a “neutral” rating and a $219.00 price target for the company. Cantor Fitzgerald restated a “neutral” rating and set a $227.00 price target on shares of Universal Health Services in a research note on Tuesday, October 7th. Finally, JPMorgan Chase & Co. dropped their price target on Universal Health Services from $215.00 to $195.00 and set a “neutral” rating for the company in a research note on Monday, August 4th. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $218.69.
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.
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