Arrowstreet Capital Limited Partnership Reduces Position in Universal Health Services, Inc. (NYSE:UHS)

Arrowstreet Capital Limited Partnership lessened its position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 0.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,285,793 shares of the health services provider's stock after selling 1,555 shares during the quarter. Arrowstreet Capital Limited Partnership owned 1.95% of Universal Health Services worth $230,697,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of UHS. R Squared Ltd purchased a new stake in shares of Universal Health Services during the 4th quarter valued at about $29,000. True Wealth Design LLC purchased a new stake in Universal Health Services during the third quarter valued at approximately $39,000. Quent Capital LLC raised its position in Universal Health Services by 118.3% in the fourth quarter. Quent Capital LLC now owns 179 shares of the health services provider's stock worth $32,000 after acquiring an additional 97 shares during the period. Campbell Capital Management Inc. bought a new position in Universal Health Services in the fourth quarter worth approximately $46,000. Finally, Sunbelt Securities Inc. purchased a new position in shares of Universal Health Services during the 3rd quarter worth $69,000. Institutional investors own 86.05% of the company's stock.

Universal Health Services Price Performance

Shares of NYSE:UHS traded down $0.37 during mid-day trading on Thursday, reaching $188.41. The stock had a trading volume of 253,653 shares, compared to its average volume of 732,920. The business's 50 day moving average price is $182.00 and its 200 day moving average price is $196.29. Universal Health Services, Inc. has a 1 year low of $152.69 and a 1 year high of $243.25. The company has a market cap of $12.25 billion, a P/E ratio of 12.53, a price-to-earnings-growth ratio of 0.53 and a beta of 1.32. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69.

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

Universal Health Services Announces Dividend

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

Analyst Ratings Changes

A number of brokerages recently commented on UHS. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $226.00 target price on shares of Universal Health Services in a report on Tuesday, December 17th. Cantor Fitzgerald raised Universal Health Services from a "neutral" rating to an "overweight" rating in a research note on Monday, February 3rd. Wells Fargo & Company cut their price objective on Universal Health Services from $230.00 to $225.00 and set an "overweight" rating for the company in a research note on Monday, March 10th. Morgan Stanley assumed coverage on shares of Universal Health Services in a report on Wednesday, March 26th. They set an "equal weight" rating and a $200.00 price target on the stock. Finally, Stephens increased 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 note on Friday, February 28th. Seven investment 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 stock. According to data from MarketBeat, Universal Health Services currently has an average rating of "Moderate Buy" and an average price target of $228.38.

Insider Transactions at Universal Health Services

In other news, Director Maria Ruderman Singer sold 1,000 shares of Universal Health Services stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $179.16, for a total value of $179,160.00. Following the completion of the transaction, the director now owns 7,916 shares in the company, valued at approximately $1,418,230.56. The trade was a 11.22 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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.