Amalgamated Bank Sells 3,454 Shares of Universal Health Services, Inc. (NYSE:UHS)

Amalgamated Bank lessened its holdings in Universal Health Services, Inc. (NYSE:UHS) by 13.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,621 shares of the health services provider’s stock after selling 3,454 shares during the period. Amalgamated Bank’s holdings in Universal Health Services were worth $3,296,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its position in shares of Universal Health Services by 42.8% in the third quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider’s stock worth $34,000 after buying an additional 80 shares during the last quarter. GAMMA Investing LLC acquired a new stake in Universal Health Services in the 4th quarter worth approximately $42,000. Tompkins Financial Corp bought a new stake in Universal Health Services during the fourth quarter worth approximately $96,000. Platinum Investment Management Ltd. grew its holdings in Universal Health Services by 16.9% during the third quarter. Platinum Investment Management Ltd. now owns 727 shares of the health services provider’s stock valued at $91,000 after purchasing an additional 105 shares during the last quarter. Finally, Van ECK Associates Corp raised its position in shares of Universal Health Services by 9.6% in the third quarter. Van ECK Associates Corp now owns 1,004 shares of the health services provider’s stock valued at $126,000 after purchasing an additional 88 shares during the period. 86.05% of the stock is currently owned by institutional investors.

Universal Health Services Trading Up 4.5 %

Shares of UHS stock opened at $177.05 on Friday. The firm has a fifty day moving average of $171.76 and a 200-day moving average of $156.07. The stock has a market cap of $11.90 billion, a price-to-earnings ratio of 15.00, a P/E/G ratio of 0.84 and a beta of 1.26. Universal Health Services, Inc. has a 52-week low of $119.90 and a 52-week high of $183.61. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.28 and a current ratio of 1.38.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Wednesday, April 24th. The health services provider reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.14 by $0.56. The firm had revenue of $3.84 billion during the quarter, compared to analyst estimates of $3.78 billion. Universal Health Services had a net margin of 5.57% and a return on equity of 13.34%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.34 earnings per share. On average, equities research analysts forecast that Universal Health Services, Inc. will post 13.51 earnings per share for the current fiscal year.

Insider Activity at Universal Health Services

In other Universal Health Services news, CFO Steve Filton sold 35,000 shares of the stock in a transaction on Friday, March 8th. The stock was sold at an average price of $176.82, for a total transaction of $6,188,700.00. Following the completion of the transaction, the chief financial officer now directly owns 68,785 shares in the company, valued at $12,162,563.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 16.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on UHS shares. Royal Bank of Canada upped their price objective on shares of Universal Health Services from $183.00 to $189.00 and gave the stock a “sector perform” rating in a report on Tuesday. JPMorgan Chase & Co. upped their price target on shares of Universal Health Services from $144.00 to $182.00 and gave the company a “neutral” rating in a report on Wednesday, March 13th. Mizuho lifted their price objective on Universal Health Services from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Wells Fargo & Company boosted their price objective on Universal Health Services from $195.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, March 28th. Finally, Citigroup raised their target price on Universal Health Services from $170.00 to $193.00 and gave the company a “buy” rating in a report on Thursday, February 29th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $183.20.

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.