AIA Group Ltd Makes New $314,000 Investment in Universal Health Services, Inc. (NYSE:UHS)

AIA Group Ltd purchased a new position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,751 shares of the health services provider's stock, valued at approximately $314,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Eagle Investment Management LLC raised its stake in shares of Universal Health Services by 1.0% during the 4th quarter. First Eagle Investment Management LLC now owns 4,675,182 shares of the health services provider's stock worth $838,821,000 after buying an additional 44,099 shares in the last quarter. State Street Corp lifted its holdings in Universal Health Services by 0.6% in the third quarter. State Street Corp now owns 2,724,075 shares of the health services provider's stock valued at $623,840,000 after acquiring an additional 17,527 shares during the period. Geode Capital Management LLC grew its stake in shares of Universal Health Services by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,661,530 shares of the health services provider's stock worth $379,403,000 after purchasing an additional 63,754 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Universal Health Services by 0.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider's stock valued at $274,248,000 after purchasing an additional 10,578 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of Universal Health Services by 4.7% in the fourth quarter. American Century Companies Inc. now owns 624,143 shares of the health services provider's stock valued at $111,984,000 after purchasing an additional 27,903 shares during the period. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

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Universal Health Services Trading Down 0.1 %

Shares of UHS stock traded down $0.22 during mid-day trading on Thursday, hitting $188.56. 886,354 shares of the company's stock were exchanged, compared to its average volume of 736,362. The stock has a market cap of $12.26 billion, a price-to-earnings ratio of 12.54, a PEG ratio of 0.53 and a beta of 1.32. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69. Universal Health Services, Inc. has a fifty-two week low of $152.69 and a fifty-two week high of $243.25. The stock has a 50-day simple moving average of $181.97 and a two-hundred day simple moving average of $196.24.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The health services provider reported $4.92 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 company had revenue of $4.11 billion during the quarter, compared to analysts' expectations of $4.01 billion. Equities analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.42%. Universal Health Services's dividend payout ratio is presently 4.75%.

Insider Activity

In other news, Director Maria Ruderman Singer sold 1,000 shares of the 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 completion of the sale, the director now owns 7,916 shares of the company's stock, valued at $1,418,230.56. This represents a 11.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 16.10% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Cantor Fitzgerald raised shares of Universal Health Services from a "neutral" rating to an "overweight" rating in a report on Monday, February 3rd. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $226.00 price objective on shares of Universal Health Services in a research note on Tuesday, December 17th. Morgan Stanley started coverage on Universal Health Services in a research report on Wednesday, March 26th. They set an "equal weight" rating and a $200.00 target price on the stock. The Goldman Sachs Group lowered Universal Health Services from a "buy" rating to a "neutral" rating and lowered their target price for the company from $228.00 to $198.00 in a report on Monday, December 16th. Finally, Stephens boosted their price objective on shares of Universal Health Services from $210.00 to $223.00 and gave the stock an "equal weight" rating in a research report on Friday, February 28th. Seven equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $228.38.

Universal Health Services Company 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.