KBC Group NV decreased its position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 3.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 56,255 shares of the health services provider's stock after selling 1,991 shares during the period. KBC Group NV owned approximately 0.09% of Universal Health Services worth $10,093,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the company. Empirical Finance LLC grew its stake in Universal Health Services by 1.1% in the third quarter. Empirical Finance LLC now owns 5,704 shares of the health services provider's stock valued at $1,306,000 after acquiring an additional 64 shares during the period. US Bancorp DE grew its position in shares of Universal Health Services by 3.0% in the 3rd quarter. US Bancorp DE now owns 2,238 shares of the health services provider's stock valued at $512,000 after purchasing an additional 65 shares during the period. Quarry LP increased its stake in Universal Health Services by 14.4% during the 3rd quarter. Quarry LP now owns 516 shares of the health services provider's stock worth $118,000 after purchasing an additional 65 shares in the last quarter. Mather Group LLC. raised its holdings in Universal Health Services by 31.6% during the 3rd quarter. Mather Group LLC. now owns 283 shares of the health services provider's stock worth $65,000 after buying an additional 68 shares during the period. Finally, Banco Santander S.A. raised its holdings in Universal Health Services by 2.3% during the 3rd quarter. Banco Santander S.A. now owns 3,032 shares of the health services provider's stock worth $694,000 after buying an additional 68 shares during the period. Institutional investors own 86.05% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on UHS shares. The Goldman Sachs Group downgraded shares of Universal Health Services from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $228.00 to $198.00 in a research report on Monday, December 16th. KeyCorp started coverage on Universal Health Services in a report on Friday, October 11th. They issued a "sector weight" rating on the stock. StockNews.com cut shares of Universal Health Services from a "strong-buy" rating to a "buy" rating in a research note on Saturday, November 9th. Royal Bank of Canada reduced their target price on shares of Universal Health Services from $222.00 to $211.00 and set a "sector perform" rating for the company in a report on Monday, October 28th. Finally, Wells Fargo & Company lowered their price target on shares of Universal Health Services from $285.00 to $230.00 and set an "overweight" rating on the stock in a research note on Monday, November 25th. Seven research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $226.14.
Check Out Our Latest Report on UHS
Universal Health Services Stock Performance
Shares of Universal Health Services stock traded up $2.85 on Thursday, hitting $190.03. The stock had a trading volume of 144,325 shares, compared to its average volume of 472,667. The stock has a market cap of $12.54 billion, a price-to-earnings ratio of 12.67, a price-to-earnings-growth ratio of 0.54 and a beta of 1.30. The business's 50 day moving average is $188.14 and its two-hundred day moving average is $207.68. 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, Inc. has a twelve month low of $152.68 and a twelve month high of $243.25.
Universal Health Services Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.42%. The ex-dividend date of this dividend was Tuesday, December 3rd. Universal Health Services's dividend payout ratio (DPR) is 5.32%.
Insider Buying and Selling at Universal Health Services
In other news, Director Maria Ruderman Singer sold 1,614 shares of the company's stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total transaction of $308,516.10. Following the completion of the sale, the director now directly owns 5,879 shares in the company, valued at approximately $1,123,770.85. This represents a 21.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 16.10% of the company's stock.
Universal Health Services Profile
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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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