Moran Wealth Management LLC Has $5.67 Million Stock Position in Universal Health Services, Inc. (NYSE:UHS)

Moran Wealth Management LLC boosted its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 82.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 31,624 shares of the health services provider's stock after acquiring an additional 14,250 shares during the period. Moran Wealth Management LLC's holdings in Universal Health Services were worth $5,674,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. R Squared Ltd acquired a new stake in shares of Universal Health Services in the fourth quarter worth approximately $29,000. True Wealth Design LLC acquired a new stake in shares of Universal Health Services in the third quarter worth approximately $39,000. Quent Capital LLC boosted its position in shares of Universal Health Services by 118.3% in the fourth quarter. Quent Capital LLC now owns 179 shares of the health services provider's stock worth $32,000 after acquiring an additional 97 shares during the last quarter. Huntington National Bank boosted its position in shares of Universal Health Services by 414.3% in the third quarter. Huntington National Bank now owns 180 shares of the health services provider's stock worth $41,000 after acquiring an additional 145 shares during the last quarter. Finally, Sunbelt Securities Inc. acquired a new stake in shares of Universal Health Services in the third quarter worth approximately $69,000. 86.05% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on UHS shares. Stephens raised 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. Barclays cut their price target on shares of Universal Health Services from $271.00 to $249.00 and set an "overweight" rating on the stock in a report on Thursday, February 27th. Cantor Fitzgerald upgraded shares of Universal Health Services from a "neutral" rating to an "overweight" rating in a report on Monday, February 3rd. Wells Fargo & Company cut their price target on shares of Universal Health Services from $230.00 to $225.00 and set an "overweight" rating on the stock in a report on Monday. Finally, The Goldman Sachs Group lowered shares of Universal Health Services from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $228.00 to $198.00 in a research note on Monday, December 16th. Six investment 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's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $230.75.

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Universal Health Services Price Performance

Shares of UHS stock traded down $6.11 during trading hours on Wednesday, hitting $166.41. 437,958 shares of the company's stock were exchanged, compared to its average volume of 733,011. The stock's 50-day moving average is $183.63 and its 200-day moving average is $202.16. 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 stock has a market cap of $10.98 billion, a price-to-earnings ratio of 11.06, a price-to-earnings-growth ratio of 0.53 and a beta of 1.32. Universal Health Services, Inc. has a 52 week low of $152.68 and a 52 week high of $243.25.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its earnings results on Wednesday, February 26th. The health services provider reported $4.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.21 by $0.71. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The firm had revenue of $4.11 billion for the quarter, compared to analysts' expectations of $4.01 billion. As a group, research analysts forecast that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.48%. The ex-dividend date is Monday, March 3rd. Universal Health Services's dividend payout ratio (DPR) is presently 4.75%.

Insider Activity

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of the business's stock in a transaction that occurred 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 sale, the director now owns 7,916 shares in the company, valued at approximately $1,418,230.56. The trade was a 11.22 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 16.10% of the stock is currently owned by company insiders.

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.