Voya Investment Management LLC cut its holdings in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 5.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 239,809 shares of the health services provider's stock after selling 15,112 shares during the quarter. Voya Investment Management LLC owned 0.36% of Universal Health Services worth $43,027,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. R Squared Ltd purchased a new position in Universal Health Services in the fourth quarter valued at $29,000. Quent Capital LLC raised its position in 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 purchasing an additional 97 shares in the last quarter. Campbell Capital Management Inc. purchased a new position in shares of Universal Health Services in the 4th quarter valued at about $46,000. Huntington National Bank grew its position in shares of Universal Health Services by 55.6% during the fourth quarter. Huntington National Bank now owns 280 shares of the health services provider's stock worth $50,000 after buying an additional 100 shares in the last quarter. Finally, Board of the Pension Protection Fund purchased a new stake in shares of Universal Health Services during the fourth quarter worth approximately $72,000. Hedge funds and other institutional investors own 86.05% of the company's stock.
Insider Activity
In other news, Director Maria Ruderman Singer sold 1,000 shares of the company's stock in a transaction that occurred on 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 owns 7,916 shares in the company, valued at $1,418,230.56. This represents a 11.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 16.40% of the company's stock.
Universal Health Services Stock Performance
NYSE:UHS traded up $1.81 during mid-day trading on Monday, reaching $173.49. 942,232 shares of the stock were exchanged, compared to its average volume of 746,817. The stock has a market capitalization of $11.28 billion, a P/E ratio of 11.54, a P/E/G ratio of 0.53 and a beta of 1.21. Universal Health Services, Inc. has a 1 year low of $153.99 and a 1 year high of $243.25. The company has a 50 day simple moving average of $176.91 and a 200-day simple moving average of $188.86. 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 announced its earnings results on Monday, April 28th. The health services provider reported $4.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.35 by $0.49. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. Analysts anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.
Universal Health Services Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.46%. Universal Health Services's dividend payout ratio is presently 4.75%.
Analyst Ratings Changes
A number of research analysts recently issued reports on UHS shares. Morgan Stanley began coverage on shares of Universal Health Services in a research note on Wednesday, March 26th. They issued an "equal weight" rating and a $200.00 price target for the company. Baird R W cut shares of Universal Health Services from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 15th. Robert W. Baird reissued a "neutral" rating and issued a $224.00 target price (down previously from $274.00) on shares of Universal Health Services in a report on Tuesday, April 15th. Barclays decreased their price target on Universal Health Services from $271.00 to $249.00 and set an "overweight" rating for the company in a report on Thursday, February 27th. Finally, Stephens upped their price objective on 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. Nine equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Universal Health Services has an average rating of "Hold" and an average price target of $224.92.
Get Our Latest Stock Analysis on Universal Health Services
Universal Health Services Profile
(
Free Report)
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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