Universal Health Services, Inc. (NYSE:UHS) Shares Sold by Point72 Hong Kong Ltd

Point72 Hong Kong Ltd lowered its stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 45.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,044 shares of the health services provider's stock after selling 5,092 shares during the period. Point72 Hong Kong Ltd's holdings in Universal Health Services were worth $1,384,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Financial Management Professionals Inc. acquired a new position in shares of Universal Health Services in the third quarter valued at approximately $32,000. Blue Trust Inc. increased its holdings in shares of 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 period. Innealta Capital LLC acquired a new position in shares of Universal Health Services in the second quarter valued at approximately $35,000. True Wealth Design LLC acquired a new position in shares of Universal Health Services in the third quarter valued at approximately $39,000. Finally, Huntington National Bank increased its holdings 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 valued at $41,000 after purchasing an additional 145 shares during the period. Institutional investors and hedge funds own 86.05% of the company's stock.

Analysts Set New Price Targets

UHS has been the topic of a number of recent research reports. Bank of America initiated coverage on Universal Health Services in a report on Wednesday, November 6th. They issued a "neutral" rating and a $223.00 target price on the stock. KeyCorp began coverage on Universal Health Services in a report on Friday, October 11th. They set a "sector weight" rating on the stock. TD Cowen dropped their price objective on Universal Health Services from $275.00 to $251.00 and set a "buy" rating on the stock in a report on Tuesday, November 26th. UBS Group upped their price objective on Universal Health Services from $247.00 to $267.00 and gave the stock a "buy" rating in a report on Wednesday, August 14th. Finally, Barclays upped their price objective on Universal Health Services from $256.00 to $271.00 and gave the stock an "overweight" rating in a report on Friday, October 25th. Six investment 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 stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $225.50.

Universal Health Services Trading Down 0.5 %

Shares of NYSE:UHS traded down $1.01 during midday trading on Monday, reaching $203.99. The company's stock had a trading volume of 251,965 shares, compared to its average volume of 684,406. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69. The firm has a market cap of $13.46 billion, a price-to-earnings ratio of 13.48, a price-to-earnings-growth ratio of 0.65 and a beta of 1.29. Universal Health Services, Inc. has a 1 year low of $133.70 and a 1 year high of $243.25. The business has a 50 day moving average price of $214.82 and a 200 day moving average price of $207.47.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share for the quarter, missing the consensus estimate of $3.75 by ($0.04). The firm had revenue of $3.96 billion during the quarter, compared to analysts' expectations of $3.90 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The company's quarterly revenue was up 11.3% compared to the same quarter last year. During the same period last year, the business posted $2.55 earnings per share. Research analysts forecast that Universal Health Services, Inc. will post 15.93 EPS for the current year.

Universal Health Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend is Tuesday, December 3rd. Universal Health Services's dividend payout ratio (DPR) is currently 5.32%.

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.