Universal Health Services, Inc. (NYSE:UHS) Shares Sold by Pzena Investment Management LLC

Pzena Investment Management LLC reduced its stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 2.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 394,274 shares of the health services provider's stock after selling 11,675 shares during the quarter. Pzena Investment Management LLC owned about 0.60% of Universal Health Services worth $70,741,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Amundi boosted its position in Universal Health Services by 189.5% in the fourth quarter. Amundi now owns 360,070 shares of the health services provider's stock valued at $68,532,000 after buying an additional 235,689 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Universal Health Services in the 4th quarter valued at $29,301,000. AustralianSuper Pty Ltd purchased a new position in shares of Universal Health Services during the fourth quarter worth $18,709,000. Mizuho Securities USA LLC boosted its holdings in Universal Health Services by 2,101.2% in the third quarter. Mizuho Securities USA LLC now owns 101,188 shares of the health services provider's stock valued at $23,173,000 after purchasing an additional 96,591 shares during the last quarter. Finally, World Investment Advisors LLC purchased a new stake in Universal Health Services in the third quarter valued at $21,557,000. 86.05% of the stock is owned by hedge funds and other institutional investors.

Universal Health Services Price Performance

UHS stock traded down $5.02 during mid-day trading on Wednesday, reaching $167.51. The company's stock had a trading volume of 470,122 shares, compared to its average volume of 733,729. The stock has a market cap of $11.05 billion, a PE ratio of 11.14, a P/E/G ratio of 0.53 and a beta of 1.32. 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 fifty-two week low of $152.68 and a fifty-two week high of $243.25. The company's 50 day moving average is $183.63 and its two-hundred day moving average is $202.16.

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Universal Health Services (NYSE:UHS - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The health services provider reported $4.92 EPS for the quarter, beating analysts' consensus estimates of $4.21 by $0.71. The company had revenue of $4.11 billion during the quarter, compared to the consensus estimate of $4.01 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. Equities research analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.48%. Universal Health Services's dividend payout ratio is currently 4.75%.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Cantor Fitzgerald raised shares of Universal Health Services from a "neutral" rating to an "overweight" rating in a report on Monday, February 3rd. TD Cowen lowered their target price on shares of Universal Health Services from $275.00 to $251.00 and set a "buy" rating on the stock in a research note on Tuesday, November 26th. JPMorgan Chase & Co. reissued a "neutral" rating and set a $226.00 target price on shares of Universal Health Services in a research note on Tuesday, December 17th. Stephens increased their target price on shares of Universal Health Services from $210.00 to $223.00 and gave the stock an "equal weight" rating in a research note on Friday, February 28th. Finally, The Goldman Sachs Group lowered shares of Universal Health Services from a "buy" rating to a "neutral" rating and lowered their target price for the stock 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 assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $230.75.

Insider Transactions at Universal Health Services

In other news, Director Maria Ruderman Singer sold 1,000 shares of the firm's stock in a transaction that occurred 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 in the company, valued at $1,418,230.56. This trade represents a 11.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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.