World Investment Advisors LLC Purchases Shares of 94,132 Universal Health Services, Inc. (NYSE:UHS)

World Investment Advisors LLC bought a new position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 94,132 shares of the health services provider's stock, valued at approximately $21,557,000. World Investment Advisors LLC owned 0.14% of Universal Health Services as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in UHS. Cetera Investment Advisers grew its holdings in shares of Universal Health Services by 134.2% during the 1st quarter. Cetera Investment Advisers now owns 8,744 shares of the health services provider's stock worth $1,595,000 after acquiring an additional 5,010 shares during the period. Cetera Advisors LLC purchased a new position in shares of Universal Health Services during the 1st quarter worth approximately $642,000. CWM LLC grew its holdings in shares of Universal Health Services by 31.6% during the 2nd quarter. CWM LLC now owns 942 shares of the health services provider's stock worth $174,000 after acquiring an additional 226 shares during the period. QRG Capital Management Inc. grew its holdings in shares of Universal Health Services by 5.4% during the 2nd quarter. QRG Capital Management Inc. now owns 2,913 shares of the health services provider's stock worth $539,000 after acquiring an additional 149 shares during the period. Finally, SG Americas Securities LLC grew its holdings in shares of Universal Health Services by 257.1% during the 2nd quarter. SG Americas Securities LLC now owns 13,818 shares of the health services provider's stock worth $2,555,000 after acquiring an additional 9,949 shares during the period. Hedge funds and other institutional investors own 86.05% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. KeyCorp assumed coverage on Universal Health Services in a research note on Friday, October 11th. They issued a "sector weight" rating on the stock. Wells Fargo & Company cut their price target on Universal Health Services from $285.00 to $230.00 and set an "overweight" rating on the stock in a research note on Monday, November 25th. UBS Group upped their price target on Universal Health Services from $247.00 to $267.00 and gave the stock a "buy" rating in a research note on Wednesday, August 14th. Bank of America initiated coverage on Universal Health Services in a research note on Wednesday, November 6th. They set a "neutral" rating and a $223.00 target price on the stock. Finally, Cantor Fitzgerald reiterated a "neutral" rating and set a $219.00 target price on shares of Universal Health Services in a research note on Friday, October 25th. Six investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Universal Health Services presently has a consensus rating of "Moderate Buy" and a consensus target price of $225.50.

Universal Health Services Stock Performance

Shares of NYSE UHS traded down $1.83 during midday trading on Friday, hitting $194.22. 569,524 shares of the stock traded hands, compared to its average volume of 668,405. Universal Health Services, Inc. has a one year low of $133.70 and a one year high of $243.25. The firm has a 50-day moving average of $210.73 and a two-hundred day moving average of $207.91. The firm has a market capitalization of $12.81 billion, a P/E ratio of 12.91, a PEG ratio of 0.62 and a beta of 1.28. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39.

Universal Health Services (NYSE:UHS - Get Free Report) last announced its earnings results on Thursday, October 24th. The health services provider reported $3.71 EPS for the quarter, missing analysts' consensus estimates of $3.75 by ($0.04). Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The company had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.90 billion. During the same period in the prior year, the business posted $2.55 earnings per share. Universal Health Services's revenue for the quarter was up 11.3% compared to the same quarter last year. On average, equities analysts forecast that Universal Health Services, Inc. will post 15.88 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd will be issued a $0.20 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.41%. Universal Health Services's dividend payout ratio is currently 5.32%.

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.