Envestnet Portfolio Solutions Inc. Invests $564,000 in Universal Health Services, Inc. (NYSE:UHS)

Envestnet Portfolio Solutions Inc. purchased a new stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 3,145 shares of the health services provider's stock, valued at approximately $564,000.

Several other hedge funds also recently added to or reduced their stakes in UHS. Campbell Capital Management Inc. acquired a new position in shares of Universal Health Services in the fourth quarter worth about $46,000. First Eagle Investment Management LLC raised its holdings in Universal Health Services by 1.0% in the fourth quarter. First Eagle Investment Management LLC now owns 4,675,182 shares of the health services provider's stock valued at $838,821,000 after acquiring an additional 44,099 shares in the last quarter. Skandinaviska Enskilda Banken AB publ boosted its stake in Universal Health Services by 39.0% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 40,926 shares of the health services provider's stock valued at $7,300,000 after acquiring an additional 11,488 shares during the last quarter. Achmea Investment Management B.V. boosted its stake in Universal Health Services by 131.9% during the 4th quarter. Achmea Investment Management B.V. now owns 50,128 shares of the health services provider's stock valued at $8,994,000 after acquiring an additional 28,509 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its position in shares of Universal Health Services by 5.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 7,750 shares of the health services provider's stock worth $1,391,000 after purchasing an additional 410 shares during the last quarter. 86.05% of the stock is owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

Several analysts recently weighed in on UHS shares. Morgan Stanley started coverage on Universal Health Services in a research note on Wednesday. They set an "equal weight" rating and a $200.00 price objective on the stock. The Goldman Sachs Group lowered shares of Universal Health Services from a "buy" rating to a "neutral" rating and lowered their target price for the company from $228.00 to $198.00 in a research note on Monday, December 16th. JPMorgan Chase & Co. reissued a "neutral" rating and set a $226.00 target price on shares of Universal Health Services in a report on Tuesday, December 17th. Cantor Fitzgerald raised shares of Universal Health Services from a "neutral" rating to an "overweight" rating in a report on Monday, February 3rd. Finally, Barclays dropped their price objective on shares of Universal Health Services from $271.00 to $249.00 and set an "overweight" rating on the stock in a research note on Thursday, February 27th. Seven equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $228.38.

Universal Health Services Stock Performance

UHS stock traded down $0.42 during trading on Friday, reaching $186.11. 732,451 shares of the company's stock were exchanged, compared to its average volume of 739,104. Universal Health Services, Inc. has a 1-year low of $152.69 and a 1-year high of $243.25. The firm has a market cap of $12.10 billion, a PE ratio of 12.37, a P/E/G ratio of 0.53 and a beta of 1.32. The company's fifty day moving average price is $181.91 and its 200-day moving average price is $197.19. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69.

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 business had revenue of $4.11 billion during the quarter, compared to the consensus estimate of $4.01 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. On average, 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 issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.80 annualized dividend and a yield of 0.43%. Universal Health Services's payout ratio is 4.75%.

Insider Buying and Selling

In related news, Director Maria Ruderman Singer sold 1,000 shares of Universal Health Services stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $179.16, for a total transaction of $179,160.00. Following the transaction, the director now directly owns 7,916 shares of the company's stock, valued at $1,418,230.56. The trade was a 11.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 16.10% of the stock is owned by corporate insiders.

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.