Universal Health Services, Inc. (NYSE:UHS) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 71.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 66,995 shares of the health services provider's stock after purchasing an additional 27,819 shares during the period. Envestnet Asset Management Inc. owned approximately 0.10% of Universal Health Services worth $12,020,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. R Squared Ltd purchased a new position in Universal Health Services in the fourth quarter worth approximately $29,000. Quent Capital LLC lifted 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 valued at $32,000 after buying an additional 97 shares during the last quarter. Campbell Capital Management Inc. purchased a new position in Universal Health Services during the fourth quarter worth about $46,000. Huntington National Bank increased its position in shares of Universal Health Services by 55.6% during the fourth quarter. Huntington National Bank now owns 280 shares of the health services provider's stock valued at $50,000 after acquiring an additional 100 shares during the last quarter. Finally, Board of the Pension Protection Fund purchased a new stake in shares of Universal Health Services in the 4th quarter valued at approximately $72,000. Institutional investors and hedge funds own 86.05% of the company's stock.

Wall Street Analyst Weigh In

UHS has been the topic of a number of research reports. Robert W. Baird restated a "neutral" rating and set a $224.00 price target (down from $274.00) on shares of Universal Health Services in a research note on Tuesday, April 15th. Stephens boosted their price target 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. Wells Fargo & Company lowered their price objective on shares of 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 started coverage on shares of Universal Health Services in a research note on Wednesday, March 26th. They set an "equal weight" rating and a $200.00 target price on the stock. Finally, Cantor Fitzgerald upgraded shares of Universal Health Services from a "neutral" rating to an "overweight" rating in a report on Monday, February 3rd. Nine investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $224.92.

Universal Health Services Stock Up 4.2 %

Shares of NYSE UHS traded up $6.74 during midday trading on Wednesday, reaching $168.04. 164,144 shares of the company's stock were exchanged, compared to its average volume of 785,555. The stock has a market capitalization of $10.92 billion, a PE ratio of 11.17, a price-to-earnings-growth ratio of 0.53 and a beta of 1.21. Universal Health Services, Inc. has a 52-week low of $153.99 and a 52-week high of $243.25. 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 business's fifty day moving average price is $177.79 and its two-hundred day moving average price is $190.18.

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

Universal Health Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.48%. The ex-dividend date was Monday, March 3rd. Universal Health Services's dividend payout ratio (DPR) is presently 4.75%.

Insider Transactions at Universal Health Services

In related 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 value of $179,160.00. Following the sale, the director now owns 7,916 shares of the company's stock, valued at $1,418,230.56. This trade represents a 11.22 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 16.40% of the company's stock.

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.