UniSuper Management Pty Ltd Has $1.86 Million Holdings in Universal Health Services, Inc. (NYSE:UHS)

UniSuper Management Pty Ltd reduced its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 54.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,340 shares of the health services provider's stock after selling 12,252 shares during the period. UniSuper Management Pty Ltd's holdings in Universal Health Services were worth $1,855,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UHS. Fisher Asset Management LLC acquired a new stake in shares of Universal Health Services in the third quarter valued at about $543,000. Townsquare Capital LLC bought a new position in Universal Health Services in the third quarter valued at approximately $427,000. Freedom Investment Management Inc. increased its position in shares of Universal Health Services by 46.3% during the 3rd quarter. Freedom Investment Management Inc. now owns 1,849 shares of the health services provider's stock worth $423,000 after purchasing an additional 585 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Universal Health Services by 28.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,017 shares of the health services provider's stock worth $3,210,000 after purchasing an additional 3,108 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Universal Health Services by 13.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 346,969 shares of the health services provider's stock valued at $79,459,000 after buying an additional 41,218 shares during the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Ratings Changes

UHS has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. restated a "neutral" rating and set a $226.00 target price on shares of Universal Health Services in a report on Tuesday, December 17th. Barclays lowered their price objective on shares of Universal Health Services from $271.00 to $249.00 and set an "overweight" rating on the stock in a research note on Thursday, February 27th. Wells Fargo & Company cut their target price on shares of Universal Health Services from $230.00 to $225.00 and set an "overweight" rating for the company in a research note on Monday, March 10th. Stephens boosted their price target on Universal Health Services from $210.00 to $223.00 and gave the stock an "equal weight" rating in a research report on Friday, February 28th. Finally, Morgan Stanley assumed coverage on Universal Health Services in a research note on Wednesday, March 26th. They issued an "equal weight" rating and a $200.00 price objective on the stock. Seven research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $228.38.

Universal Health Services Stock Performance

NYSE:UHS traded down $14.04 during mid-day trading on Friday, hitting $174.69. 1,577,231 shares of the stock were exchanged, compared to its average volume of 741,034. The firm's 50-day simple moving average is $181.75 and its 200 day simple moving average is $195.82. The stock has a market capitalization of $11.36 billion, a price-to-earnings ratio of 11.62, a price-to-earnings-growth ratio of 0.53 and a beta of 1.21. Universal Health Services, Inc. has a fifty-two week low of $152.69 and a fifty-two week 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 (NYSE:UHS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The health services provider reported $4.92 earnings per share for the quarter, topping the consensus estimate of $4.21 by $0.71. The firm had revenue of $4.11 billion for the quarter, compared to analysts' expectations of $4.01 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. As a group, equities analysts anticipate that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend was Monday, March 3rd. Universal Health Services's dividend payout ratio is currently 4.75%.

Insiders Place Their Bets

In related news, Director Maria Ruderman Singer sold 1,000 shares of the business's stock in a transaction that occurred 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 completion of the sale, the director now directly owns 7,916 shares in the company, valued at approximately $1,418,230.56. The trade was a 11.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 16.10% of the company's stock.

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.