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

Universal Health Services logo with Medical background

Dean Investment Associates LLC bought a new position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,019 shares of the health services provider's stock, valued at approximately $920,000.

A number of other hedge funds have also bought and sold shares of the stock. Financial Management Professionals Inc. purchased a new stake in shares of Universal Health Services during the third quarter valued at $32,000. True Wealth Design LLC purchased a new stake in Universal Health Services during the 3rd quarter valued at about $39,000. Blue Trust Inc. grew its stake in Universal Health Services by 1,284.6% during the 2nd quarter. Blue Trust Inc. now owns 180 shares of the health services provider's stock valued at $33,000 after purchasing an additional 167 shares during the last quarter. Huntington National Bank increased its holdings in shares of Universal Health Services by 414.3% in the third quarter. Huntington National Bank now owns 180 shares of the health services provider's stock valued at $41,000 after purchasing an additional 145 shares during the period. Finally, Innealta Capital LLC purchased a new position in shares of Universal Health Services in the second quarter worth about $35,000. Institutional investors and hedge funds own 86.05% of the company's stock.

Universal Health Services Price Performance

Universal Health Services stock traded down $1.37 during trading on Monday, reaching $192.85. The company had a trading volume of 486,792 shares, compared to its average volume of 682,724. The firm has a market capitalization of $12.72 billion, a PE ratio of 12.82, a price-to-earnings-growth ratio of 0.62 and a beta of 1.28. The firm's 50-day simple moving average is $210.00 and its 200 day simple moving average is $208.22. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39. Universal Health Services, Inc. has a 1-year low of $139.90 and a 1-year high of $243.25.

Universal Health Services (NYSE:UHS - Get Free Report) last announced its earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.75 by ($0.04). Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.90 billion. During the same quarter last year, the business earned $2.55 EPS. The firm's revenue for the quarter was up 11.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Universal Health Services, Inc. will post 15.88 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.41%. The ex-dividend date is Tuesday, December 3rd. Universal Health Services's payout ratio is 5.32%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on UHS shares. Cantor Fitzgerald reiterated a "neutral" rating and issued a $219.00 target price on shares of Universal Health Services in a research report on Friday, October 25th. Royal Bank of Canada dropped their price objective on shares of Universal Health Services from $222.00 to $211.00 and set a "sector perform" rating on the stock in a report on Monday, October 28th. UBS Group raised their target price on shares of Universal Health Services from $247.00 to $267.00 and gave the stock a "buy" rating in a report on Wednesday, August 14th. StockNews.com lowered shares of Universal Health Services from a "strong-buy" rating to a "buy" rating in a report on Saturday, November 9th. Finally, Wells Fargo & Company reduced their price objective on Universal Health Services from $285.00 to $230.00 and set an "overweight" rating for the company in a research note on Monday, November 25th. Six 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 stock. According to MarketBeat, Universal Health Services presently has a consensus rating of "Moderate Buy" and an average price target of $225.50.

View Our Latest Stock Report on Universal Health Services

Universal Health Services Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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