Allworth Financial LP Boosts Stake in Universal Health Services, Inc. (NYSE:UHS)

Allworth Financial LP lifted its position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 4,850.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,267 shares of the health services provider's stock after acquiring an additional 3,201 shares during the period. Allworth Financial LP's holdings in Universal Health Services were worth $611,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Choreo LLC increased its position in shares of Universal Health Services by 3.4% in the 4th quarter. Choreo LLC now owns 1,822 shares of the health services provider's stock valued at $325,000 after acquiring an additional 60 shares during the period. Empirical Finance LLC boosted its stake in shares of Universal Health Services by 1.1% during the 3rd quarter. Empirical Finance LLC now owns 5,704 shares of the health services provider's stock worth $1,306,000 after acquiring an additional 64 shares in the last quarter. US Bancorp DE boosted its stake in shares of Universal Health Services by 3.0% during the 3rd quarter. US Bancorp DE now owns 2,238 shares of the health services provider's stock worth $512,000 after acquiring an additional 65 shares in the last quarter. Quarry LP boosted its stake in shares of Universal Health Services by 14.4% during the 3rd quarter. Quarry LP now owns 516 shares of the health services provider's stock worth $118,000 after acquiring an additional 65 shares in the last quarter. Finally, Stratos Wealth Partners LTD. boosted its stake in shares of Universal Health Services by 2.2% during the 4th quarter. Stratos Wealth Partners LTD. now owns 3,060 shares of the health services provider's stock worth $549,000 after acquiring an additional 65 shares in the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UHS has been the topic of several recent analyst reports. The Goldman Sachs Group lowered shares of Universal Health Services from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $228.00 to $198.00 in a research note on Monday, December 16th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $226.00 price target on shares of Universal Health Services in a research note on Tuesday, December 17th. Bank of America assumed coverage on shares of Universal Health Services in a research note on Wednesday, November 6th. They issued a "neutral" rating and a $223.00 price target on the stock. Wells Fargo & Company decreased their price target on shares of 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. Finally, TD Cowen decreased their price target on shares of Universal Health Services from $275.00 to $251.00 and set a "buy" rating on the stock in a research note on Tuesday, November 26th. Six research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $226.14.

Universal Health Services Price Performance

UHS stock traded up $1.18 during mid-day trading on Monday, reaching $181.21. The company's stock had a trading volume of 726,722 shares, compared to its average volume of 530,385. The stock has a market cap of $11.95 billion, a PE ratio of 12.05, a P/E/G ratio of 0.53 and a beta of 1.30. 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 $152.68 and a fifty-two week high of $243.25. The company's 50 day moving average is $184.21 and its two-hundred day moving average is $205.83.

Universal Health Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.44%. Universal Health Services's dividend payout ratio is currently 5.32%.

Insider Transactions at Universal Health Services

In other news, Director Maria Ruderman Singer sold 1,614 shares of the firm's stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total transaction of $308,516.10. Following the completion of the sale, the director now owns 5,879 shares in the company, valued at $1,123,770.85. This trade represents a 21.54 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 16.10% of the company's stock.

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.