Pinebridge Investments L.P. Acquires 5,905 Shares of Universal Health Services, Inc. (NYSE:UHS)

Pinebridge Investments L.P. grew its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 6.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,669 shares of the health services provider's stock after acquiring an additional 5,905 shares during the period. Pinebridge Investments L.P. owned 0.16% of Universal Health Services worth $18,780,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Barclays PLC lifted its holdings in Universal Health Services by 13.4% in the 3rd quarter. Barclays PLC now owns 188,765 shares of the health services provider's stock worth $43,227,000 after purchasing an additional 22,369 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Universal Health Services in the third quarter worth $2,194,000. Pine Valley Investments Ltd Liability Co acquired a new stake in shares of Universal Health Services in the third quarter worth $201,000. World Investment Advisors LLC bought a new stake in Universal Health Services during the third quarter valued at about $21,557,000. Finally, Tidal Investments LLC increased its stake in shares of Universal Health Services by 208.0% in the third quarter. Tidal Investments LLC now owns 12,100 shares of the health services provider's stock worth $2,771,000 after purchasing an additional 8,171 shares during the period. Institutional investors and hedge funds own 86.05% of the company's stock.

Insiders Place Their Bets

In other news, Director Maria Ruderman Singer sold 1,000 shares of the stock in a transaction on Monday, March 10th. The shares were 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. This represents a 11.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 16.40% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on UHS shares. Morgan Stanley initiated coverage on shares of Universal Health Services in a research note on Wednesday, March 26th. They set an "equal weight" rating and a $200.00 target price for the company. Cantor Fitzgerald raised Universal Health Services from a "neutral" rating to an "overweight" rating in a report on Monday, February 3rd. Guggenheim assumed coverage on Universal Health Services in a research note on Wednesday, April 9th. They set a "buy" rating and a $208.00 price objective for the company. Stephens lifted 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. Finally, Robert W. Baird reissued a "neutral" rating and issued a $224.00 price objective (down previously from $274.00) on shares of Universal Health Services in a research note on Tuesday, April 15th. Nine analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, Universal Health Services presently has an average rating of "Hold" and a consensus target price of $224.92.

Universal Health Services Trading Up 1.1 %

UHS traded up $1.81 during midday trading on Monday, reaching $173.49. 939,512 shares of the company were exchanged, compared to its average volume of 746,814. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39. The stock has a market capitalization of $11.28 billion, a P/E ratio of 11.54, a PEG ratio of 0.53 and a beta of 1.21. The stock's 50-day simple moving average is $177.10 and its 200 day simple moving average is $189.14. Universal Health Services, Inc. has a one year low of $153.99 and a one year high of $243.25.

Universal Health Services (NYSE:UHS - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The health services provider reported $4.84 earnings per share for the quarter, topping the consensus estimate of $4.35 by $0.49. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. As a group, analysts forecast that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.46%. The ex-dividend date of this dividend was Monday, March 3rd. Universal Health Services's payout ratio is presently 4.75%.

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.