Hotchkis & Wiley Capital Management LLC Decreases Stock Holdings in Universal Health Services, Inc. (NYSE:UHS)

Hotchkis & Wiley Capital Management LLC lessened its stake in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 18.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 39,655 shares of the health services provider's stock after selling 8,845 shares during the period. Hotchkis & Wiley Capital Management LLC owned approximately 0.06% of Universal Health Services worth $9,081,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Point72 Asset Management L.P. grew its holdings in shares of Universal Health Services by 362.3% during the second quarter. Point72 Asset Management L.P. now owns 322,626 shares of the health services provider's stock valued at $59,663,000 after buying an additional 252,846 shares during the last quarter. Marshall Wace LLP grew its stake in Universal Health Services by 357.9% during the 2nd quarter. Marshall Wace LLP now owns 261,221 shares of the health services provider's stock valued at $48,308,000 after purchasing an additional 204,178 shares during the last quarter. Mackenzie Financial Corp grew its stake in Universal Health Services by 408.2% during the 2nd quarter. Mackenzie Financial Corp now owns 140,561 shares of the health services provider's stock valued at $25,994,000 after purchasing an additional 112,902 shares during the last quarter. Los Angeles Capital Management LLC raised its stake in shares of Universal Health Services by 102.0% in the third quarter. Los Angeles Capital Management LLC now owns 210,926 shares of the health services provider's stock worth $48,304,000 after purchasing an additional 106,517 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of Universal Health Services during the second quarter worth about $18,031,000. Institutional investors and hedge funds own 86.05% of the company's stock.

Wall Street Analysts Forecast Growth

UHS has been the subject of a number of recent research reports. Wells Fargo & Company reduced their price target on shares of 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. Cantor Fitzgerald restated a "neutral" rating and set a $219.00 target price on shares of Universal Health Services in a research report on Friday, October 25th. TD Cowen lowered 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 report on Tuesday, November 26th. StockNews.com lowered Universal Health Services from a "strong-buy" rating to a "buy" rating in a research note on Saturday, November 9th. Finally, KeyCorp started coverage on Universal Health Services in a report on Friday, October 11th. They set a "sector weight" rating on the stock. Six analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Universal Health Services currently has a consensus rating of "Moderate Buy" and an average price target of $225.50.

Universal Health Services Price Performance

Shares of UHS stock traded down $3.10 on Thursday, reaching $196.02. 441,070 shares of the company were exchanged, compared to its average volume of 683,981. Universal Health Services, Inc. has a 1 year low of $133.70 and a 1 year 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 has a 50-day moving average price of $212.32 and a 200 day moving average price of $207.71. The company has a market cap of $12.93 billion, a price-to-earnings ratio of 13.16, a P/E/G ratio of 0.63 and a beta of 1.28.

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

Universal Health Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.80 annualized dividend and a yield of 0.41%. Universal Health Services's dividend payout ratio (DPR) is presently 5.32%.

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.