Universal Health Services, Inc. (NYSE:UHS) Shares Bought by Worldquant Millennium Advisors LLC

Worldquant Millennium Advisors LLC grew its stake in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 70.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 214,379 shares of the health services provider's stock after buying an additional 88,872 shares during the quarter. Worldquant Millennium Advisors LLC owned 0.32% of Universal Health Services worth $49,095,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of UHS. Point72 Asset Management L.P. increased its holdings in shares of Universal Health Services by 362.3% in the second quarter. Point72 Asset Management L.P. now owns 322,626 shares of the health services provider's stock valued at $59,663,000 after purchasing an additional 252,846 shares during the period. Marshall Wace LLP boosted its stake in shares of Universal Health Services by 357.9% during the 2nd quarter. Marshall Wace LLP now owns 261,221 shares of the health services provider's stock worth $48,308,000 after acquiring an additional 204,178 shares in the last quarter. Mackenzie Financial Corp grew its holdings in Universal Health Services by 408.2% in the second quarter. Mackenzie Financial Corp now owns 140,561 shares of the health services provider's stock valued at $25,994,000 after purchasing an additional 112,902 shares during the last quarter. Los Angeles Capital Management LLC grew its stake in Universal Health Services by 102.0% in the 3rd quarter. Los Angeles Capital Management LLC now owns 210,926 shares of the health services provider's stock valued at $48,304,000 after acquiring an additional 106,517 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in Universal Health Services during the 2nd quarter valued at about $18,031,000. Institutional investors and hedge funds own 86.05% of the company's stock.

Universal Health Services Trading Down 0.9 %

Universal Health Services stock traded down $1.83 during midday trading on Friday, reaching $194.22. The stock had a trading volume of 569,524 shares, compared to its average volume of 695,671. The stock's 50-day simple moving average is $210.73 and its 200 day simple moving average is $207.71. Universal Health Services, Inc. has a twelve month low of $133.70 and a twelve 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. The stock has a market capitalization of $12.81 billion, a PE ratio of 12.91, a price-to-earnings-growth ratio of 0.64 and a beta of 1.28.

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). Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The firm had revenue of $3.96 billion for the quarter, compared to analysts' expectations of $3.90 billion. During the same quarter in the previous year, the firm posted $2.55 EPS. The firm's revenue for the quarter was up 11.3% compared to the same quarter last year. Analysts expect that Universal Health Services, Inc. will post 15.88 EPS for the current year.

Universal Health Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd will be issued a dividend of $0.20 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.41%. Universal Health Services's payout ratio is 5.32%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Wells Fargo & Company lowered their price target on shares of Universal Health Services from $285.00 to $230.00 and set an "overweight" rating on the stock in a research report on Monday, November 25th. StockNews.com cut Universal Health Services from a "strong-buy" rating to a "buy" rating in a report on Saturday, November 9th. KeyCorp began coverage on Universal Health Services in a research report on Friday, October 11th. They set a "sector weight" rating for the company. 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 report on Tuesday, November 26th. Finally, Cantor Fitzgerald reissued a "neutral" rating and issued a $219.00 price objective on shares of Universal Health Services in a research report on Friday, October 25th. Six analysts have rated the stock with a hold rating, ten have given 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 an average price target of $225.50.

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.