Victory Capital Management Inc. Has $8.41 Million Stake in Universal Health Services, Inc. (NYSE:UHS)

Victory Capital Management Inc. grew its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 12.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,890 shares of the health services provider's stock after purchasing an additional 5,267 shares during the period. Victory Capital Management Inc. owned about 0.07% of Universal Health Services worth $8,413,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UHS. Choreo LLC grew its stake in shares of Universal Health Services by 3.4% in the fourth quarter. Choreo LLC now owns 1,822 shares of the health services provider's stock valued at $325,000 after buying an additional 60 shares in the last quarter. Empirical Finance LLC grew its stake in shares of Universal Health Services by 1.1% in the third quarter. Empirical Finance LLC now owns 5,704 shares of the health services provider's stock valued at $1,306,000 after buying an additional 64 shares in the last quarter. Quarry LP grew its stake in shares of Universal Health Services by 14.4% in the third quarter. Quarry LP now owns 516 shares of the health services provider's stock valued at $118,000 after buying an additional 65 shares in the last quarter. Stratos Wealth Partners LTD. boosted its position in Universal Health Services by 2.2% during the fourth quarter. Stratos Wealth Partners LTD. now owns 3,060 shares of the health services provider's stock worth $549,000 after purchasing an additional 65 shares during the period. Finally, Banco Santander S.A. boosted its position in Universal Health Services by 2.3% during the third quarter. Banco Santander S.A. now owns 3,032 shares of the health services provider's stock worth $694,000 after purchasing an additional 68 shares during the period. 86.05% of the stock is currently owned by institutional investors and hedge funds.

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Universal Health Services Stock Performance

Shares of UHS traded up $1.64 during midday trading on Tuesday, reaching $176.22. 826,914 shares of the stock were exchanged, compared to its average volume of 700,036. The company has a market cap of $11.45 billion, a P/E ratio of 11.72, a PEG ratio of 0.53 and a beta of 1.32. The stock's 50 day simple moving average is $182.70 and its 200 day simple moving average is $200.27. Universal Health Services, Inc. has a twelve month low of $152.69 and a twelve month high of $243.25. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69.

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

Universal Health Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend was Monday, March 3rd. Universal Health Services's dividend payout ratio (DPR) is presently 4.75%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on UHS shares. Stephens lifted their price objective on shares of 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. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $226.00 price objective on shares of Universal Health Services in a research report on Tuesday, December 17th. TD Cowen reduced their price objective on shares of Universal Health Services from $275.00 to $251.00 and set a "buy" rating for the company in a research report on Tuesday, November 26th. Wells Fargo & Company reduced their price objective on shares of Universal Health Services from $230.00 to $225.00 and set an "overweight" rating for the company in a research report on Monday, March 10th. Finally, Barclays reduced their price objective on shares of Universal Health Services from $271.00 to $249.00 and set an "overweight" rating for the company in a research report on Thursday, February 27th. Six research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $230.75.

Insider Activity at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of the business'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 transaction, the director now owns 7,916 shares of the company's stock, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 16.10% of the stock is owned by insiders.

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.