Bank of New York Mellon Corp Acquires 10,250 Shares of Universal Health Services, Inc. (NYSE:UHS)

Bank of New York Mellon Corp grew its position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 2.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 487,904 shares of the health services provider's stock after buying an additional 10,250 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.74% of Universal Health Services worth $87,540,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its stake in Universal Health Services by 22.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 54,105 shares of the health services provider's stock valued at $9,721,000 after acquiring an additional 9,946 shares during the last quarter. Savant Capital LLC raised its holdings in shares of Universal Health Services by 255.3% during the 4th quarter. Savant Capital LLC now owns 6,345 shares of the health services provider's stock valued at $1,138,000 after purchasing an additional 4,559 shares in the last quarter. Abacus Planning Group Inc. lifted its stake in shares of Universal Health Services by 175.6% in the 4th quarter. Abacus Planning Group Inc. now owns 2,792 shares of the health services provider's stock valued at $501,000 after purchasing an additional 1,779 shares during the last quarter. Cerity Partners LLC boosted its holdings in Universal Health Services by 86.4% in the third quarter. Cerity Partners LLC now owns 21,047 shares of the health services provider's stock worth $4,820,000 after purchasing an additional 9,755 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in 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 last quarter. Institutional investors own 86.05% of the company's stock.

Universal Health Services Price Performance

Shares of UHS traded up $0.28 during trading hours on Monday, hitting $175.53. The stock had a trading volume of 1,075,868 shares, compared to its average volume of 647,532. Universal Health Services, Inc. has a 52 week low of $152.68 and a 52 week high of $243.25. The stock has a market capitalization of $11.58 billion, a price-to-earnings ratio of 11.67, a P/E/G ratio of 0.53 and a beta of 1.30. The company's fifty day moving average is $184.47 and its two-hundred day moving average is $204.80. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The health services provider reported $4.92 earnings per share for the quarter, topping the consensus estimate of $4.21 by $0.71. The company had revenue of $4.11 billion during the quarter, compared to analyst estimates of $4.01 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. On average, analysts anticipate that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Dividend Announcement

The firm also recently announced 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. This represents a $0.80 annualized dividend and a dividend yield of 0.46%. The ex-dividend date is Monday, March 3rd. Universal Health Services's payout ratio is presently 4.75%.

Insider Activity

In other news, Director Maria Ruderman Singer sold 1,614 shares of the company'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 transaction, the director now directly owns 5,879 shares in the company, valued at approximately $1,123,770.85. This represents a 21.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 16.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on UHS shares. Stephens upped their price target on Universal Health Services from $210.00 to $223.00 and gave the stock an "equal weight" rating in a research note on Friday. The Goldman Sachs Group cut Universal Health Services from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $228.00 to $198.00 in a research report on Monday, December 16th. Barclays dropped their price target on shares of Universal Health Services from $271.00 to $249.00 and set an "overweight" rating on the stock in a research report on Thursday. Wells Fargo & Company cut their price objective on Universal Health Services from $285.00 to $230.00 and set an "overweight" rating for the company in a research report 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 report on Tuesday, November 26th. Six equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $228.77.

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.