Universal Health Services, Inc. (NYSE:UHS) Shares Bought by Quest Partners LLC

Quest Partners LLC boosted its position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 348,133.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,447 shares of the health services provider's stock after purchasing an additional 10,444 shares during the period. Quest Partners LLC's holdings in Universal Health Services were worth $2,392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of UHS. Vanguard Group Inc. boosted its stake in shares of Universal Health Services by 0.8% during the first quarter. Vanguard Group Inc. now owns 7,099,282 shares of the health services provider's stock valued at $1,295,335,000 after purchasing an additional 57,036 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Universal Health Services by 0.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 486,438 shares of the health services provider's stock worth $89,957,000 after acquiring an additional 2,620 shares in the last quarter. Point72 Asset Management L.P. lifted its stake in shares of Universal Health Services by 362.3% during the 2nd quarter. Point72 Asset Management L.P. now owns 322,626 shares of the health services provider's stock worth $59,663,000 after purchasing an additional 252,846 shares during the last quarter. Marshall Wace LLP boosted its position in Universal Health Services by 357.9% during the second quarter. Marshall Wace LLP now owns 261,221 shares of the health services provider's stock valued at $48,308,000 after purchasing an additional 204,178 shares in the last quarter. Finally, Lazard Asset Management LLC raised its holdings in Universal Health Services by 1,191.8% in the first quarter. Lazard Asset Management LLC now owns 215,215 shares of the health services provider's stock worth $39,267,000 after purchasing an additional 198,555 shares in the last quarter. Hedge funds and other institutional investors own 86.05% of the company's stock.

Universal Health Services Price Performance

Shares of NYSE:UHS traded down $2.69 during midday trading on Monday, hitting $199.00. The company had a trading volume of 319,101 shares, compared to its average volume of 679,161. Universal Health Services, Inc. has a twelve month low of $133.70 and a twelve month high of $243.25. The stock has a market cap of $13.13 billion, a price-to-earnings ratio of 13.36, a price-to-earnings-growth ratio of 0.64 and a beta of 1.29. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. The business's 50-day simple moving average is $221.18 and its 200-day simple moving average is $205.60.

Universal Health Services (NYSE:UHS - Get Free Report) last issued 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). The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.90 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The firm's revenue was up 11.3% compared to the same quarter last year. During the same period last year, the business earned $2.55 earnings per share. On average, research 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 initiated a stock repurchase plan on Wednesday, July 24th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the health services provider to purchase up to 8% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on UHS shares. StockNews.com lowered Universal Health Services from a "strong-buy" rating to a "buy" rating in a report on Saturday, November 9th. Stephens reaffirmed an "equal weight" rating and issued a $200.00 price objective on shares of Universal Health Services in a report on Thursday, July 25th. Barclays boosted their price objective on Universal Health Services from $256.00 to $271.00 and gave the company an "overweight" rating in a research report on Friday, October 25th. Robert W. Baird lifted their price target on shares of Universal Health Services from $236.00 to $274.00 and gave the company an "outperform" rating in a research note on Wednesday, September 4th. Finally, UBS Group boosted their price target on shares of Universal Health Services from $247.00 to $267.00 and gave the stock a "buy" rating in a report on Wednesday, August 14th. Six analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Universal Health Services currently has an average rating of "Moderate Buy" and an average 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.