Chicago Partners Investment Group LLC grew its holdings in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) by 41.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,652 shares of the health services provider’s stock after buying an additional 486 shares during the period. Chicago Partners Investment Group LLC’s holdings in Universal Health Services were worth $272,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Universal Health Services during the second quarter worth approximately $87,373,000. Applied Finance Capital Management LLC bought a new stake in Universal Health Services during the second quarter worth approximately $287,000. Aware Super Pty Ltd as trustee of Aware Super raised its holdings in Universal Health Services by 4.6% during the second quarter. Aware Super Pty Ltd as trustee of Aware Super now owns 167,515 shares of the health services provider’s stock worth $30,345,000 after purchasing an additional 7,300 shares in the last quarter. Allianz Asset Management GmbH raised its holdings in Universal Health Services by 20.3% during the second quarter. Allianz Asset Management GmbH now owns 291,017 shares of the health services provider’s stock worth $52,718,000 after purchasing an additional 49,136 shares in the last quarter. Finally, TD Asset Management Inc raised its holdings in Universal Health Services by 9.2% during the second quarter. TD Asset Management Inc now owns 37,066 shares of the health services provider’s stock worth $6,715,000 after purchasing an additional 3,132 shares in the last quarter. Institutional investors own 86.05% of the company’s stock.
Universal Health Services Trading Up 1.0%
Universal Health Services stock opened at $210.79 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.29 and a debt-to-equity ratio of 0.64. Universal Health Services, Inc. has a 12 month low of $152.33 and a 12 month high of $214.10. The company’s fifty day simple moving average is $194.29 and its 200-day simple moving average is $183.40. The stock has a market cap of $13.41 billion, a P/E ratio of 11.10, a P/E/G ratio of 0.85 and a beta of 1.30.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the company. Bank of America cut Universal Health Services from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $215.00 to $185.00 in a report on Wednesday, July 16th. Barclays decreased their price target on shares of Universal Health Services from $259.00 to $250.00 and set an “overweight” rating on the stock in a research report on Thursday, September 18th. Cantor Fitzgerald restated a “neutral” rating and set a $227.00 price target on shares of Universal Health Services in a report on Tuesday, October 7th. Wells Fargo & Company boosted their price target on shares of Universal Health Services from $210.00 to $249.00 and gave the company an “overweight” rating in a report on Tuesday, October 7th. Finally, Robert W. Baird lowered their price target on shares of Universal Health Services from $243.00 to $203.00 and set a “neutral” rating on the stock in a report on Thursday, August 14th. Four investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $218.69.
Check Out Our Latest Report on UHS
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.
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