Cwm LLC Acquires 3,515 Shares of Universal Health Services, Inc. (NYSE:UHS)

CWM LLC grew its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 373.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 4,457 shares of the health services provider's stock after purchasing an additional 3,515 shares during the period. CWM LLC's holdings in Universal Health Services were worth $1,021,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of UHS. Benjamin F. Edwards & Company Inc. acquired a new position in shares of Universal Health Services during the first quarter worth $32,000. Blue Trust Inc. raised its position in Universal Health Services by 1,284.6% in the second quarter. Blue Trust Inc. now owns 180 shares of the health services provider's stock valued at $33,000 after purchasing an additional 167 shares during the last quarter. Innealta Capital LLC acquired a new stake in shares of Universal Health Services during the second quarter valued at about $35,000. Headlands Technologies LLC bought a new stake in shares of Universal Health Services during the first quarter worth about $36,000. Finally, Mather Group LLC. bought a new stake in shares of Universal Health Services during the first quarter worth about $36,000. Institutional investors and hedge funds own 86.05% of the company's stock.

Analysts Set New Price Targets

A number of research firms have weighed in on UHS. Stephens reissued an "equal weight" rating and set a $200.00 target price on shares of Universal Health Services in a report on Thursday, July 25th. UBS Group boosted their price objective on shares of Universal Health Services from $247.00 to $267.00 and gave the stock a "buy" rating in a research note on Wednesday, August 14th. Baird R W raised Universal Health Services from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 26th. TD Cowen raised Universal Health Services from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $220.00 to $283.00 in a research note on Wednesday. Finally, Wells Fargo & Company lifted their target price on shares of Universal Health Services from $200.00 to $255.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 30th. Five research 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. According to MarketBeat.com, Universal Health Services currently has a consensus rating of "Moderate Buy" and a consensus target price of $229.77.

Universal Health Services Price Performance

Shares of Universal Health Services stock traded up $2.51 on Friday, reaching $236.67. The stock had a trading volume of 993,381 shares, compared to its average volume of 665,887. The business's 50 day moving average is $229.19 and its two-hundred day moving average is $198.98. The company has a current ratio of 1.28, a quick ratio of 1.17 and a debt-to-equity ratio of 0.67. Universal Health Services, Inc. has a 1 year low of $119.90 and a 1 year high of $243.25. The company has a market cap of $15.84 billion, a P/E ratio of 20.06, a price-to-earnings-growth ratio of 0.73 and a beta of 1.27.

Universal Health Services (NYSE:UHS - Get Free Report) last posted its earnings results on Wednesday, July 24th. The health services provider reported $4.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.37 by $0.94. The business had revenue of $3.91 billion for the quarter, compared to analysts' expectations of $3.87 billion. Universal Health Services had a net margin of 6.22% and a return on equity of 14.91%. The business's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the prior year, the company posted $2.53 EPS. As a group, research analysts anticipate that Universal Health Services, Inc. will post 15.87 EPS for the current year.

Universal Health Services announced that its board has authorized a share buyback program on Wednesday, July 24th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the health services provider to buy up to 8% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

Insider Buying and Selling

In other Universal Health Services news, Director Warren J. Nimetz sold 3,444 shares of the company's stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $217.64, for a total value of $749,552.16. Following the transaction, the director now directly owns 3,971 shares in the company, valued at $864,248.44. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Eileen C. Mcdonnell sold 2,535 shares of the company's stock in a transaction on Friday, July 26th. The shares were sold at an average price of $209.55, for a total value of $531,209.25. Following the completion of the transaction, the director now directly owns 6,413 shares in the company, valued at approximately $1,343,844.15. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Warren J. Nimetz sold 3,444 shares of the firm's stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $217.64, for a total value of $749,552.16. Following the sale, the director now owns 3,971 shares in the company, valued at $864,248.44. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,970 shares of company stock worth $4,653,535 over the last ninety days. 16.10% of the stock is owned by corporate 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.