Universal Health Services, Inc. (NYSE:UHS) Stock Holdings Trimmed by State of Tennessee Department of Treasury

State of Tennessee Department of Treasury lessened its position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 37.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,668 shares of the health services provider's stock after selling 12,953 shares during the period. State of Tennessee Department of Treasury's holdings in Universal Health Services were worth $3,888,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in UHS. Choreo LLC increased its stake in Universal Health Services by 3.4% during the fourth quarter. Choreo LLC now owns 1,822 shares of the health services provider's stock valued at $325,000 after purchasing an additional 60 shares during the last quarter. Stratos Wealth Partners LTD. grew its position in shares of Universal Health Services by 2.2% during the 4th quarter. Stratos Wealth Partners LTD. now owns 3,060 shares of the health services provider's stock valued at $549,000 after buying an additional 65 shares during the last quarter. Platinum Investment Management Ltd. raised its stake in Universal Health Services by 17.6% during the fourth quarter. Platinum Investment Management Ltd. now owns 488 shares of the health services provider's stock worth $88,000 after acquiring an additional 73 shares during the period. MetLife Investment Management LLC lifted its holdings in Universal Health Services by 0.5% in the fourth quarter. MetLife Investment Management LLC now owns 15,512 shares of the health services provider's stock worth $2,783,000 after acquiring an additional 80 shares during the last quarter. Finally, V Square Quantitative Management LLC boosted its stake in Universal Health Services by 8.0% in the fourth quarter. V Square Quantitative Management LLC now owns 1,133 shares of the health services provider's stock valued at $203,000 after acquiring an additional 84 shares during the period. 86.05% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of the firm's stock in a transaction dated Monday, March 10th. The stock was 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 in the company, valued at approximately $1,418,230.56. This trade represents a 11.22 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 16.40% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

UHS has been the topic of a number of research reports. Cantor Fitzgerald upgraded Universal Health Services from a "neutral" rating to an "overweight" rating in a research report on Monday, February 3rd. Stephens raised their target price 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. Morgan Stanley started coverage on shares of Universal Health Services in a report on Wednesday, March 26th. They set an "equal weight" rating and a $200.00 price target for the company. Wells Fargo & Company dropped their price objective on shares of Universal Health Services from $230.00 to $225.00 and set an "overweight" rating on the stock in a report on Monday, March 10th. Finally, Robert W. Baird reissued a "neutral" rating and set a $224.00 target price (down from $274.00) on shares of Universal Health Services in a research note on Tuesday, April 15th. Nine equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, Universal Health Services has an average rating of "Hold" and a consensus target price of $224.92.

Universal Health Services Price Performance

Shares of NYSE UHS opened at $171.69 on Friday. Universal Health Services, Inc. has a twelve month low of $153.99 and a twelve month high of $243.25. 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 moving average of $177.10 and a two-hundred day moving average of $189.31. The company has a market capitalization of $11.16 billion, a price-to-earnings ratio of 11.42, a PEG ratio of 0.53 and a beta of 1.21.

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

Universal Health Services Dividend Announcement

The business 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. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date was Monday, March 3rd. Universal Health Services's dividend payout ratio (DPR) is presently 4.75%.

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.

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