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Quantbot Technologies LP Purchases Shares of 10,211 Universal Health Services, Inc. (NYSE:UHS)

Universal Health Services logo with Medical background
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Quantbot Technologies LP purchased a new position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,211 shares of the health services provider's stock, valued at approximately $1,832,000.

Other hedge funds have also recently bought and sold shares of the company. Caprock Group LLC acquired a new stake in shares of Universal Health Services during the third quarter worth about $323,000. PNC Financial Services Group Inc. grew its stake in shares of Universal Health Services by 3.6% in the third quarter. PNC Financial Services Group Inc. now owns 8,518 shares of the health services provider's stock worth $1,951,000 after acquiring an additional 296 shares in the last quarter. Advisors Asset Management Inc. increased its position in shares of Universal Health Services by 41.8% during the third quarter. Advisors Asset Management Inc. now owns 1,485 shares of the health services provider's stock worth $340,000 after acquiring an additional 438 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Universal Health Services by 1.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 603,705 shares of the health services provider's stock valued at $138,254,000 after acquiring an additional 11,353 shares in the last quarter. Finally, Eagle Asset Management Inc. acquired a new position in Universal Health Services during the 3rd quarter worth $13,496,000. Institutional investors and hedge funds own 86.05% of the company's stock.

Insider Buying and Selling

In other news, Director Maria Ruderman Singer sold 1,000 shares of the company's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $179.16, for a total value of $179,160.00. Following the sale, the director now directly owns 7,916 shares in the company, 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 through the SEC website. Insiders own 16.10% of the company's stock.

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Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on UHS shares. Stephens boosted their target price on 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. Barclays dropped their target price on shares of Universal Health Services from $271.00 to $249.00 and set an "overweight" rating on the stock in a research report on Thursday, February 27th. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $226.00 price target on shares of Universal Health Services in a research report on Tuesday, December 17th. Wells Fargo & Company dropped their price objective on Universal Health Services from $230.00 to $225.00 and set an "overweight" rating on the stock in a report on Monday, March 10th. Finally, The Goldman Sachs Group downgraded Universal Health Services from a "buy" rating to a "neutral" rating and reduced their target price for the company from $228.00 to $198.00 in a report on Monday, December 16th. Seven analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Universal Health Services has an average rating of "Moderate Buy" and a consensus target price of $228.38.

Check Out Our Latest Analysis on UHS

Universal Health Services Price Performance

Shares of UHS traded up $1.81 during trading hours on Thursday, reaching $186.27. The company had a trading volume of 1,006,187 shares, compared to its average volume of 712,557. 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 12-month low of $152.69 and a 12-month high of $243.25. The firm has a 50 day simple moving average of $181.84 and a 200-day simple moving average of $197.75. The company has a market capitalization of $12.11 billion, a price-to-earnings ratio of 12.39, a PEG ratio of 0.53 and a beta of 1.32.

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

Universal Health Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.43%. Universal Health Services's dividend payout ratio (DPR) is 4.75%.

Universal Health Services Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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