Sivik Global Healthcare LLC Acquires 5,000 Shares of Universal Health Services, Inc. (NYSE:UHS)

Sivik Global Healthcare LLC raised its holdings in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 12.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,000 shares of the health services provider's stock after buying an additional 5,000 shares during the period. Universal Health Services comprises 4.4% of Sivik Global Healthcare LLC's portfolio, making the stock its 5th largest holding. Sivik Global Healthcare LLC owned 0.07% of Universal Health Services worth $10,305,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Financial Management Professionals Inc. purchased a new stake in shares of Universal Health Services during the third quarter worth about $32,000. Blue Trust Inc. boosted its position in Universal Health Services by 1,284.6% in the 2nd quarter. Blue Trust Inc. now owns 180 shares of the health services provider's stock valued at $33,000 after buying an additional 167 shares during the period. Innealta Capital LLC purchased a new stake in shares of Universal Health Services in the 2nd quarter worth approximately $35,000. Headlands Technologies LLC bought a new position in shares of Universal Health Services during the first quarter valued at approximately $36,000. Finally, Huntington National Bank raised its stake in Universal Health Services by 414.3% in 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 institutional investors.

Universal Health Services Stock Down 0.9 %

Shares of NYSE UHS traded down $1.76 during mid-day trading on Thursday, reaching $200.99. The company had a trading volume of 699,910 shares, compared to its average volume of 680,407. Universal Health Services, Inc. has a 52-week low of $132.38 and a 52-week high of $243.25. The stock has a market cap of $13.41 billion, a P/E ratio of 13.50, a PEG ratio of 0.65 and a beta of 1.29. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The firm has a 50 day simple moving average of $222.50 and a two-hundred day simple moving average of $204.92.

Universal Health Services (NYSE:UHS - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The health services provider reported $3.71 EPS for the quarter, missing the consensus estimate 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 company had revenue of $3.96 billion for the quarter, compared to analysts' expectations of $3.90 billion. During the same quarter last year, the company earned $2.55 EPS. Universal Health Services's revenue for the quarter was up 11.3% compared to the same quarter last year. Sell-side analysts predict that Universal Health Services, Inc. will post 15.93 earnings per share for the current year.

Universal Health Services announced that its Board of Directors has authorized a stock buyback plan on Wednesday, July 24th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the health services provider to buy up to 8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Barclays lifted their price objective on shares of Universal Health Services from $256.00 to $271.00 and gave the stock an "overweight" rating in a research report on Friday, October 25th. Bank of America assumed coverage on shares of Universal Health Services in a research report on Wednesday, November 6th. They set a "neutral" rating and a $223.00 price objective for the company. Royal Bank of Canada dropped their target price on shares of 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. UBS Group lifted 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. Finally, KeyCorp initiated coverage on Universal Health Services in a report on Friday, October 11th. They set a "sector weight" rating on the stock. Six equities research 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 company's stock. According to MarketBeat.com, Universal Health Services has an average rating of "Moderate Buy" and a consensus target price of $231.14.

About Universal Health Services

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.