CreativeOne Wealth LLC Makes New Investment in Universal Health Services, Inc. (NYSE:UHS)

CreativeOne Wealth LLC acquired a new stake in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,111 shares of the health services provider's stock, valued at approximately $379,000.

Other large investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its stake in Universal Health Services by 22.5% in the 4th 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 period. Savant Capital LLC raised its position in shares of Universal Health Services by 255.3% in the fourth 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 during the period. Abacus Planning Group Inc. lifted its stake in shares of Universal Health Services by 175.6% during the 4th quarter. Abacus Planning Group Inc. now owns 2,792 shares of the health services provider's stock valued at $501,000 after buying an additional 1,779 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in 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 worth $274,248,000 after buying an additional 10,578 shares during the period. Finally, Empirical Finance LLC grew its stake in Universal Health Services by 43.3% in the 4th quarter. Empirical Finance LLC now owns 8,176 shares of the health services provider's stock valued at $1,467,000 after buying an additional 2,472 shares in the last quarter. 86.05% of the stock is owned by hedge funds and other institutional investors.

Universal Health Services Trading Down 1.1 %

NYSE:UHS traded down $1.88 during trading hours on Friday, reaching $172.12. The company's stock had a trading volume of 366,806 shares, compared to its average volume of 746,453. 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 firm has a market capitalization of $11.19 billion, a price-to-earnings ratio of 11.42, a PEG ratio of 0.53 and a beta of 1.21. The firm has a 50-day simple moving average of $177.33 and a 200-day simple moving average of $189.75. Universal Health Services, Inc. has a 1 year low of $153.99 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 EPS for the quarter, topping the consensus estimate of $4.21 by $0.71. The firm had revenue of $4.11 billion for the quarter, compared to the consensus estimate of $4.01 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. Research analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.46%. The ex-dividend date was Monday, March 3rd. Universal Health Services's payout ratio is 4.75%.

Analyst Upgrades and Downgrades

UHS has been the topic of a number of analyst reports. Guggenheim started coverage on Universal Health Services in a report on Wednesday, April 9th. They set a "buy" rating and a $208.00 price objective on the stock. Barclays decreased 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 report on Thursday, February 27th. Baird R W lowered Universal Health Services from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Morgan Stanley started coverage on Universal Health Services in a research note on Wednesday, March 26th. They issued an "equal weight" rating and a $200.00 target price on the stock. Finally, Robert W. Baird reaffirmed a "neutral" rating and issued a $224.00 price target (down previously from $274.00) on shares of Universal Health Services in a report on Tuesday, April 15th. Nine research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $224.92.

Insider Activity at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of the company's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $179.16, for a total transaction of $179,160.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 16.40% of the stock is currently owned by company insiders.

About Universal Health Services

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.