Los Angeles Capital Management LLC Has $48.58 Million Stake in Universal Health Services, Inc. (NYSE:UHS)

Los Angeles Capital Management LLC increased its holdings in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 28.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 270,759 shares of the health services provider's stock after buying an additional 59,833 shares during the period. Los Angeles Capital Management LLC owned 0.41% of Universal Health Services worth $48,580,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC raised its stake in shares of Universal Health Services by 22.5% during 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 buying an additional 9,946 shares during the last quarter. Savant Capital LLC raised its stake in shares of Universal Health Services by 255.3% during the fourth quarter. Savant Capital LLC now owns 6,345 shares of the health services provider's stock worth $1,138,000 after buying an additional 4,559 shares during the last quarter. Abacus Planning Group Inc. raised its stake in shares of Universal Health Services by 175.6% during the fourth quarter. Abacus Planning Group Inc. now owns 2,792 shares of the health services provider's stock worth $501,000 after buying an additional 1,779 shares during the last quarter. Cerity Partners LLC grew its holdings in Universal Health Services by 86.4% during the third quarter. Cerity Partners LLC now owns 21,047 shares of the health services provider's stock valued at $4,820,000 after purchasing an additional 9,755 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings 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 valued at $274,248,000 after purchasing an additional 10,578 shares during the period. 86.05% of the stock is owned by institutional investors.

Universal Health Services Stock Performance

NYSE UHS traded down $10.99 on Friday, hitting $175.07. 2,056,680 shares of the stock were exchanged, compared to its average volume of 636,538. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. The business's fifty day moving average is $184.57 and its 200 day moving average is $205.32. Universal Health Services, Inc. has a 52 week low of $152.68 and a 52 week high of $243.25. The company has a market capitalization of $11.55 billion, a PE ratio of 11.64, a P/E/G ratio of 0.53 and a beta of 1.30.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The health services provider reported $4.92 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $4.11 billion for the quarter, compared to analyst estimates of $4.01 billion. Research analysts anticipate that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend is Monday, March 3rd. Universal Health Services's payout ratio is presently 5.32%.

Insider Activity

In related news, Director Maria Ruderman Singer sold 1,614 shares of the company's stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total value of $308,516.10. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 16.10% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on UHS. Wells Fargo & Company decreased their price objective on shares of Universal Health Services from $285.00 to $230.00 and set an "overweight" rating for the company in a report on Monday, November 25th. The Goldman Sachs Group cut shares of Universal Health Services from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $228.00 to $198.00 in a report on Monday, December 16th. Cantor Fitzgerald upgraded shares of Universal Health Services from a "neutral" rating to an "overweight" rating in a report on Monday, February 3rd. StockNews.com cut shares of Universal Health Services from a "strong-buy" rating to a "buy" rating in a report on Saturday, November 9th. Finally, Barclays reduced their price target on shares of Universal Health Services from $271.00 to $249.00 and set an "overweight" rating for the company in a report on Thursday. 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 company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $226.21.

About Universal Health Services

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.