Magnetar Financial LLC Buys 25,406 Shares of Universal Health Services, Inc. (NYSE:UHS)

Magnetar Financial LLC grew its position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 1,883.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,755 shares of the health services provider's stock after acquiring an additional 25,406 shares during the quarter. Magnetar Financial LLC's holdings in Universal Health Services were worth $4,800,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of UHS. R Squared Ltd acquired a new position in shares of Universal Health Services in the fourth quarter valued at $29,000. True Wealth Design LLC acquired a new position in shares of Universal Health Services in the 3rd quarter valued at $39,000. Quent Capital LLC raised its stake in shares of Universal Health Services by 118.3% in the 4th quarter. Quent Capital LLC now owns 179 shares of the health services provider's stock valued at $32,000 after buying an additional 97 shares in the last quarter. Huntington National Bank lifted its holdings in shares of Universal Health Services by 414.3% during the 3rd quarter. Huntington National Bank now owns 180 shares of the health services provider's stock worth $41,000 after acquiring an additional 145 shares during the period. Finally, Campbell Capital Management Inc. acquired a new stake in shares of Universal Health Services during the 4th quarter valued at about $46,000. Institutional investors and hedge funds own 86.05% of the company's stock.

Universal Health Services Price Performance

UHS traded up $8.10 during midday trading on Monday, hitting $182.24. The company had a trading volume of 951,717 shares, compared to its average volume of 707,571. Universal Health Services, Inc. has a twelve month low of $152.69 and a twelve month high of $243.25. The company has a market capitalization of $11.85 billion, a PE ratio of 12.12, a P/E/G ratio of 0.53 and a beta of 1.32. 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 firm's 50-day simple moving average is $181.78 and its 200-day simple moving average is $198.15.

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Universal Health Services (NYSE:UHS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The health services provider reported $4.92 earnings per share for the quarter, beating analysts' consensus estimates of $4.21 by $0.71. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The business had revenue of $4.11 billion during the quarter, compared to analyst estimates of $4.01 billion. Equities research analysts predict that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were given a dividend of $0.20 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.44%. Universal Health Services's payout ratio is currently 4.75%.

Insider Activity

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 shares were sold at an average price of $179.16, for a total transaction of $179,160.00. Following the completion of the sale, the director now directly owns 7,916 shares of the company's stock, valued at $1,418,230.56. The trade was a 11.22 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 16.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

UHS has been the subject of a number of analyst reports. Cantor Fitzgerald upgraded shares of Universal Health Services from a "neutral" rating to an "overweight" rating in a research note on Monday, February 3rd. Wells Fargo & Company dropped their target price on Universal Health Services from $230.00 to $225.00 and set an "overweight" rating for the company in a report on Monday, March 10th. Stephens boosted their price target on Universal Health Services from $210.00 to $223.00 and gave the company an "equal weight" rating in a research note on Friday, February 28th. Barclays dropped their price objective on Universal Health Services from $271.00 to $249.00 and set an "overweight" rating for the company in a research note on Thursday, February 27th. Finally, TD Cowen reduced their target price on shares of Universal Health Services from $275.00 to $251.00 and set a "buy" rating on the stock in a research note on Tuesday, November 26th. Six investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Universal Health Services presently has an average rating of "Moderate Buy" and a consensus price target of $230.75.

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.