Universal Health Services, Inc. (NYSE:UHS) Holdings Trimmed by Rhumbline Advisers

Rhumbline Advisers reduced its position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 3.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 98,378 shares of the health services provider's stock after selling 3,899 shares during the period. Rhumbline Advisers owned approximately 0.15% of Universal Health Services worth $17,651,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. acquired a new position in shares of Universal Health Services in the third quarter worth about $32,000. R Squared Ltd acquired a new position in shares of Universal Health Services in the 4th quarter valued at approximately $29,000. True Wealth Design LLC purchased a new position in shares of Universal Health Services during the 3rd quarter valued at approximately $39,000. Quent Capital LLC grew its position in shares of Universal Health Services by 118.3% during the fourth quarter. Quent Capital LLC now owns 179 shares of the health services provider's stock worth $32,000 after buying an additional 97 shares in the last quarter. Finally, Huntington National Bank grew its position in shares of Universal Health Services by 414.3% during the third quarter. Huntington National Bank now owns 180 shares of the health services provider's stock worth $41,000 after buying an additional 145 shares in the last quarter. 86.05% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have commented on UHS. Bank of America assumed coverage on shares of Universal Health Services in a research note on Wednesday, November 6th. They set a "neutral" rating and a $223.00 price objective on the stock. StockNews.com cut shares of Universal Health Services from a "strong-buy" rating to a "buy" rating in a research report on Saturday, November 9th. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $226.00 price objective on shares of Universal Health Services in a report on Tuesday, December 17th. Wells Fargo & Company reduced their target price on Universal Health Services from $285.00 to $230.00 and set an "overweight" rating on the stock in a report on Monday, November 25th. Finally, Royal Bank of Canada lowered their price target on Universal Health Services from $222.00 to $211.00 and set a "sector perform" rating for the company in a report on Monday, October 28th. Six investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $226.14.

Insider Activity at Universal Health Services

In related news, Director Maria Ruderman Singer sold 1,614 shares of the stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total value of $308,516.10. Following the completion of the transaction, the director now owns 5,879 shares in the company, valued at $1,123,770.85. This represents a 21.54 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 16.10% of the stock is owned by insiders.

Universal Health Services Stock Performance

Shares of Universal Health Services stock traded up $7.84 during trading on Tuesday, hitting $189.30. 846,047 shares of the stock were exchanged, compared to its average volume of 540,937. The stock has a market cap of $12.49 billion, a PE ratio of 12.59, a P/E/G ratio of 0.53 and a beta of 1.30. The stock's fifty day moving average is $184.35 and its 200 day moving average is $205.64. Universal Health Services, Inc. has a 12 month low of $152.68 and a 12 month high of $243.25. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39.

Universal Health Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date is Monday, March 3rd. Universal Health Services's dividend payout ratio (DPR) is 5.32%.

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.