Wellington Management Group LLP Has $4.14 Million Stake in Universal Health Services, Inc. (NYSE:UHS)

Wellington Management Group LLP raised its holdings in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 73.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,049 shares of the health services provider's stock after acquiring an additional 9,747 shares during the period. Wellington Management Group LLP's holdings in Universal Health Services were worth $4,135,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. First Eagle Investment Management LLC raised its stake in shares of Universal Health Services by 1.0% during the fourth quarter. First Eagle Investment Management LLC now owns 4,675,182 shares of the health services provider's stock valued at $838,821,000 after purchasing an additional 44,099 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Universal Health Services by 4.0% in the third quarter. Geode Capital Management LLC now owns 1,661,530 shares of the health services provider's stock valued at $379,403,000 after acquiring an additional 63,754 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Universal Health Services by 0.9% during the third quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider's stock valued at $274,248,000 after acquiring an additional 10,578 shares during the period. American Century Companies Inc. increased its stake in shares of Universal Health Services by 4.7% during the fourth quarter. American Century Companies Inc. now owns 624,143 shares of the health services provider's stock valued at $111,984,000 after acquiring an additional 27,903 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in Universal Health Services by 2.1% during the fourth quarter. Bank of New York Mellon Corp now owns 487,904 shares of the health services provider's stock worth $87,540,000 after purchasing an additional 10,250 shares in the last quarter. Institutional investors and hedge funds own 86.05% of the company's stock.

Universal Health Services Stock Up 0.4 %

NYSE:UHS traded up $0.73 during trading hours on Thursday, hitting $174.39. 173,338 shares of the company's stock traded hands, compared to its average volume of 745,424. The stock's fifty day moving average price is $179.09 and its two-hundred day moving average price is $191.91. The firm has a market cap of $11.34 billion, a P/E ratio of 11.61, a P/E/G ratio of 0.53 and a beta of 1.21. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39. Universal Health Services, Inc. has a twelve month low of $152.69 and a twelve month high of $243.25.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its 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. The company had revenue of $4.11 billion for 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, research 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. Shareholders of record on Monday, March 3rd were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date was Monday, March 3rd. Universal Health Services's dividend payout ratio (DPR) is currently 4.75%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on UHS shares. Baird R W lowered Universal Health Services from a "strong-buy" rating to a "hold" rating in a research note on Tuesday. Barclays decreased their target price 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. Guggenheim assumed coverage on shares of Universal Health Services in a research report on Wednesday, April 9th. They issued a "buy" rating and a $208.00 price target on the stock. Robert W. Baird restated a "neutral" rating and set a $224.00 price objective (down previously from $274.00) on shares of Universal Health Services in a research report on Tuesday. Finally, Cantor Fitzgerald upgraded shares of Universal Health Services from a "neutral" rating to an "overweight" rating in a report on Monday, February 3rd. Nine research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $224.92.

Insider Activity

In other news, Director Maria Ruderman Singer sold 1,000 shares of Universal Health Services 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 $1,418,230.56. The trade was a 11.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 16.10% of the stock is currently owned by corporate insiders.

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.