Andra AP fonden Increases Stock Position in Universal Health Services, Inc. (NYSE:UHS)

Andra AP fonden boosted its stake in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 60.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 145,600 shares of the health services provider's stock after buying an additional 55,100 shares during the quarter. Andra AP fonden owned 0.22% of Universal Health Services worth $26,124,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. State Street Corp lifted its holdings in shares of Universal Health Services by 0.6% in the 3rd quarter. State Street Corp now owns 2,724,075 shares of the health services provider's stock worth $623,840,000 after acquiring an additional 17,527 shares during the last quarter. Geode Capital Management LLC lifted its stake in Universal Health Services by 4.0% during the third 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 in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Universal Health Services by 0.9% during the third quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider's stock worth $274,248,000 after buying an additional 10,578 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Universal Health Services by 1.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 603,705 shares of the health services provider's stock valued at $138,254,000 after buying an additional 11,353 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Universal Health Services by 2.1% in the fourth quarter. Bank of New York Mellon Corp now owns 487,904 shares of the health services provider's stock valued at $87,540,000 after buying an additional 10,250 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Remove Ads

Universal Health Services Stock Down 1.2 %

Shares of NYSE:UHS traded down $2.07 on Tuesday, hitting $172.48. 1,225,598 shares of the company's stock were exchanged, compared to its average volume of 739,754. The firm's 50-day moving average is $183.77 and its 200 day moving average is $202.59. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39. The company has a market capitalization of $11.38 billion, a PE ratio of 11.47, a P/E/G ratio of 0.53 and a beta of 1.32. Universal Health Services, Inc. has a 1-year low of $152.68 and a 1-year high of $243.25.

Universal Health Services (NYSE:UHS - Get Free Report) last released its quarterly earnings data 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. The company had revenue of $4.11 billion during the quarter, compared to the consensus estimate of $4.01 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. Sell-side analysts predict that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend is Monday, March 3rd. Universal Health Services's payout ratio is currently 4.75%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on UHS. TD Cowen lowered their target price on Universal Health Services from $275.00 to $251.00 and set a "buy" rating for the company in a report on Tuesday, November 26th. Stephens lifted their price objective on shares of Universal Health Services from $210.00 to $223.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. Wells Fargo & Company cut their target price on shares of Universal Health Services from $230.00 to $225.00 and set an "overweight" rating on the stock in a research note on Monday. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $226.00 price target on shares of Universal Health Services in a research report on Tuesday, December 17th. Finally, The Goldman Sachs Group lowered Universal Health Services from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $228.00 to $198.00 in a research report on Monday, December 16th. Six equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $230.75.

Insider Transactions at Universal Health Services

In other news, Director Maria Ruderman Singer sold 1,000 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $179.16, for a total transaction of $179,160.00. Following the completion of the sale, the director now owns 7,916 shares in the company, valued at approximately $1,418,230.56. This represents a 11.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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.