New Age Alpha Advisors LLC Invests $1.05 Million in Universal Health Services, Inc. (NYSE:UHS)

New Age Alpha Advisors LLC acquired a new stake in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 5,862 shares of the health services provider's stock, valued at approximately $1,052,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new position in Universal Health Services during the fourth quarter valued at $67,964,000. Amundi grew its position in shares of Universal Health Services by 189.5% during the fourth quarter. Amundi now owns 360,070 shares of the health services provider's stock valued at $68,532,000 after purchasing an additional 235,689 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Universal Health Services in the 4th quarter worth approximately $29,301,000. Teacher Retirement System of Texas increased its position in Universal Health Services by 57.1% in the fourth quarter. Teacher Retirement System of Texas now owns 287,278 shares of the health services provider's stock worth $51,543,000 after purchasing an additional 104,455 shares during the last quarter. Finally, AustralianSuper Pty Ltd purchased a new stake in shares of Universal Health Services during the 4th quarter valued at about $18,709,000. Institutional investors own 86.05% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on UHS. Wells Fargo & Company cut their price objective on shares of Universal Health Services from $230.00 to $225.00 and set an "overweight" rating on the stock in a research report on Monday, March 10th. Cantor Fitzgerald upgraded Universal Health Services from a "neutral" rating to an "overweight" rating in a research report on Monday, February 3rd. Barclays reduced their price target on Universal Health Services from $271.00 to $249.00 and set an "overweight" rating on the stock in a report on Thursday, February 27th. Stephens boosted their price objective on Universal Health Services from $210.00 to $223.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. Finally, Morgan Stanley assumed coverage on Universal Health Services in a research note on Wednesday, March 26th. They issued an "equal weight" rating and a $200.00 target price on the stock. Seven analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Universal Health Services has a consensus rating of "Moderate Buy" and a consensus price target of $228.38.

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Universal Health Services Stock Down 0.1 %

Shares of NYSE:UHS traded down $0.22 during trading on Thursday, reaching $188.56. The stock had a trading volume of 886,354 shares, compared to its average volume of 735,378. The firm's 50-day simple moving average is $182.00 and its 200 day simple moving average is $196.29. 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 $152.69 and a one year high of $243.25. The company has a market capitalization of $12.26 billion, a P/E ratio of 12.54, a PEG ratio of 0.53 and a beta of 1.32.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The health services provider reported $4.92 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $4.01 billion. As a group, research analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a dividend of $0.20 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.42%. Universal Health Services's dividend payout ratio is currently 4.75%.

Insider Buying and Selling at Universal Health Services

In related news, Director Maria Ruderman Singer sold 1,000 shares of Universal Health Services stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $179.16, for a total transaction of $179,160.00. Following the completion of the sale, the director now owns 7,916 shares of the company's stock, valued at $1,418,230.56. The trade was a 11.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 16.10% of the company's stock.

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.