Belpointe Asset Management LLC Purchases Shares of 1,555 Universal Health Services, Inc. (NYSE:UHS)

Belpointe Asset Management LLC acquired a new stake in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,555 shares of the health services provider's stock, valued at approximately $279,000.

Other hedge funds have also bought and sold shares of the company. R Squared Ltd purchased a new stake in shares of Universal Health Services in the fourth quarter valued at approximately $29,000. Quent Capital LLC boosted its holdings in shares of Universal Health Services by 118.3% in the fourth quarter. Quent Capital LLC now owns 179 shares of the health services provider's stock valued at $32,000 after purchasing an additional 97 shares during the period. Campbell Capital Management Inc. purchased a new stake in shares of Universal Health Services in the fourth quarter valued at approximately $46,000. Huntington National Bank boosted its holdings in shares of Universal Health Services by 55.6% in the fourth quarter. Huntington National Bank now owns 280 shares of the health services provider's stock valued at $50,000 after purchasing an additional 100 shares during the period. Finally, Board of the Pension Protection Fund purchased a new stake in shares of Universal Health Services in the fourth quarter valued at approximately $72,000. Institutional investors own 86.05% of the company's stock.

Insider Activity at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of the company's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $179.16, for a total value of $179,160.00. Following the sale, the director now directly owns 7,916 shares of the company's stock, valued at approximately $1,418,230.56. This represents a 11.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 16.40% of the stock is owned by insiders.

Universal Health Services Stock Up 3.5 %

Shares of UHS stock traded up $5.70 during trading hours on Wednesday, reaching $167.00. 216,129 shares of the company's stock were exchanged, compared to its average volume of 786,474. The stock's 50 day moving average is $177.79 and its 200-day moving average is $190.18. The company has a market cap of $10.86 billion, a price-to-earnings ratio of 11.10, a P/E/G ratio of 0.53 and a beta of 1.21. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. Universal Health Services, Inc. has a fifty-two week low of $153.99 and a fifty-two week high of $243.25.

Universal Health Services (NYSE:UHS - Get Free Report) last released its earnings results on Wednesday, February 26th. The health services provider reported $4.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.21 by $0.71. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The firm had revenue of $4.11 billion for the quarter, compared to the consensus estimate of $4.01 billion. Analysts predict that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.48%. The ex-dividend date of this dividend was Monday, March 3rd. Universal Health Services's payout ratio is 4.75%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on UHS. Wells Fargo & Company lowered their price target on Universal Health Services from $230.00 to $225.00 and set an "overweight" rating for the company in a report on Monday, March 10th. Stephens boosted their price target on Universal Health Services from $210.00 to $223.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. Barclays reduced their price objective on shares of Universal Health Services from $271.00 to $249.00 and set an "overweight" rating for the company in a research note on Thursday, February 27th. Guggenheim began coverage on shares of Universal Health Services in a research note on Wednesday, April 9th. They issued a "buy" rating and a $208.00 price objective for the company. Finally, Baird R W downgraded shares of Universal Health Services from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Nine analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Universal Health Services has an average rating of "Hold" and a consensus price target of $224.92.

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.