Quantinno Capital Management LP Acquires 14,342 Shares of Universal Health Services, Inc. (NYSE:UHS)

Quantinno Capital Management LP boosted its position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 80.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 32,239 shares of the health services provider's stock after acquiring an additional 14,342 shares during the period. Quantinno Capital Management LP's holdings in Universal Health Services were worth $7,383,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Financial Management Professionals Inc. bought a new position in Universal Health Services in the third quarter worth approximately $32,000. Blue Trust Inc. lifted 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 in the last quarter. Innealta Capital LLC bought a new position in shares of Universal Health Services in the second quarter valued at approximately $35,000. True Wealth Design LLC bought a new position in shares of Universal Health Services in the third quarter valued at approximately $39,000. Finally, Huntington National Bank lifted 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 in the last quarter. Institutional investors own 86.05% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. UBS Group raised their target price on Universal Health Services from $247.00 to $267.00 and gave the company a "buy" rating in a report on Wednesday, August 14th. KeyCorp assumed coverage on Universal Health Services in a report on Friday, October 11th. They issued a "sector weight" rating on the stock. TD Cowen dropped their target price 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. StockNews.com lowered Universal Health Services from a "strong-buy" rating to a "buy" rating in a report on Saturday, November 9th. Finally, Bank of America assumed coverage on Universal Health Services in a report on Wednesday, November 6th. They set a "neutral" rating and a $223.00 price target on the stock. Six analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Universal Health Services has an average rating of "Moderate Buy" and a consensus price target of $225.50.

Universal Health Services Stock Performance

NYSE:UHS traded down $1.83 during trading hours on Friday, reaching $194.22. The stock had a trading volume of 569,524 shares, compared to its average volume of 695,671. 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 50 day simple moving average of $210.73 and a 200 day simple moving average of $207.71. Universal Health Services, Inc. has a 12-month low of $133.70 and a 12-month high of $243.25. The stock has a market cap of $12.81 billion, a P/E ratio of 12.91, a price-to-earnings-growth ratio of 0.64 and a beta of 1.28.

Universal Health Services (NYSE:UHS - Get Free Report) last released its earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.75 by ($0.04). Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The firm had revenue of $3.96 billion during the quarter, compared to analysts' expectations of $3.90 billion. During the same period in the prior year, the business earned $2.55 earnings per share. The business's quarterly revenue was up 11.3% compared to the same quarter last year. On average, research analysts forecast that Universal Health Services, Inc. will post 15.88 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.41%. The ex-dividend date is Tuesday, December 3rd. Universal Health Services's dividend payout ratio (DPR) is presently 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.