Korea Investment CORP Has $17.99 Million Stake in Universal Health Services, Inc. (NYSE:UHS)

Korea Investment CORP lifted its position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 81.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 100,242 shares of the health services provider's stock after acquiring an additional 45,000 shares during the quarter. Korea Investment CORP owned 0.15% of Universal Health Services worth $17,985,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its holdings in Universal Health Services by 22.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 54,105 shares of the health services provider's stock worth $9,721,000 after purchasing an additional 9,946 shares during the period. Savant Capital LLC boosted its holdings in shares of Universal Health Services by 255.3% in the 4th quarter. Savant Capital LLC now owns 6,345 shares of the health services provider's stock valued at $1,138,000 after buying an additional 4,559 shares during the period. Abacus Planning Group Inc. grew its position in shares of Universal Health Services by 175.6% during the 4th quarter. Abacus Planning Group Inc. now owns 2,792 shares of the health services provider's stock valued at $501,000 after buying an additional 1,779 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Universal Health Services by 0.9% during the third quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider's stock worth $274,248,000 after acquiring an additional 10,578 shares during the period. Finally, Vestcor Inc lifted its holdings in Universal Health Services by 1,436.5% in the third quarter. Vestcor Inc now owns 54,070 shares of the health services provider's stock worth $12,383,000 after acquiring an additional 50,551 shares during the last quarter. 86.05% of the stock is currently owned by institutional investors.

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Universal Health Services Price Performance

NYSE:UHS traded down $1.40 during midday trading on Thursday, hitting $187.38. 177,934 shares of the stock were exchanged, compared to its average volume of 774,927. The company has a market capitalization of $12.18 billion, a price-to-earnings ratio of 12.46, a P/E/G ratio of 0.53 and a beta of 1.32. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. Universal Health Services, Inc. has a one year low of $152.68 and a one year high of $243.25. The business has a 50-day moving average price of $182.00 and a two-hundred day moving average price of $196.29.

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 EPS for the quarter, topping analysts' consensus estimates of $4.21 by $0.71. The company had revenue of $4.11 billion for the quarter, compared to the consensus estimate of $4.01 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. Sell-side analysts predict that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were paid a $0.20 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.43%. Universal Health Services's dividend payout ratio is currently 4.75%.

Insider Buying and Selling

In related news, Director Maria Ruderman Singer sold 1,000 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $179.16, for a total value of $179,160.00. Following the completion of the transaction, the director now owns 7,916 shares in the company, valued at $1,418,230.56. This trade represents a 11.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 16.10% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on UHS. Barclays dropped their price target on Universal Health Services from $271.00 to $249.00 and set an "overweight" rating on the stock in a research report on Thursday, February 27th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $226.00 target price on shares of Universal Health Services in a research report on Tuesday, December 17th. Stephens boosted their price target on shares of Universal Health Services from $210.00 to $223.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. Morgan Stanley started coverage on shares of Universal Health Services in a report on Wednesday, March 26th. They issued an "equal weight" rating and a $200.00 price objective on the stock. Finally, Wells Fargo & Company reduced their target price 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. Seven investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $228.38.

Universal Health Services 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.