Sivik Global Healthcare LLC Raises Stock Holdings in Universal Health Services, Inc. (NYSE:UHS)

Sivik Global Healthcare LLC increased its holdings in Universal Health Services, Inc. (NYSE:UHS) by 12.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,000 shares of the health services provider’s stock after purchasing an additional 5,000 shares during the period. Universal Health Services accounts for 4.4% of Sivik Global Healthcare LLC’s holdings, making the stock its 5th biggest holding. Sivik Global Healthcare LLC’s holdings in Universal Health Services were worth $10,305,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in UHS. Financial Management Professionals Inc. purchased a new position in shares of Universal Health Services in the third quarter worth $32,000. Blue Trust Inc. grew its holdings in Universal Health Services by 1,284.6% during the 2nd quarter. Blue Trust Inc. now owns 180 shares of the health services provider’s stock valued at $33,000 after buying an additional 167 shares in the last quarter. Huntington National Bank raised its holdings in shares of Universal Health Services by 414.3% during the 3rd quarter. Huntington National Bank now owns 180 shares of the health services provider’s stock worth $41,000 after acquiring an additional 145 shares in the last quarter. Innealta Capital LLC purchased a new position in shares of Universal Health Services in the second quarter valued at $35,000. Finally, Headlands Technologies LLC bought a new stake in Universal Health Services in the first quarter worth $36,000. 86.05% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

UHS has been the subject of a number of recent research reports. Cantor Fitzgerald reissued a “neutral” rating and issued a $219.00 price objective on shares of Universal Health Services in a research note on Friday, October 25th. The Goldman Sachs Group lifted their price target on Universal Health Services from $200.00 to $229.00 and gave the stock a “buy” rating in a research report on Tuesday, July 30th. TD Cowen decreased their price objective on Universal Health Services from $283.00 to $275.00 and set a “buy” rating on the stock in a research report on Monday, October 28th. Barclays lifted their target price on Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Finally, Robert W. Baird increased their price target on Universal Health Services from $236.00 to $274.00 and gave the company an “outperform” rating in a report on Wednesday, September 4th. Six analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $231.14.

Universal Health Services Trading Up 5.0 %

Shares of UHS opened at $212.88 on Thursday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. The firm has a market capitalization of $14.20 billion, a price-to-earnings ratio of 13.50, a PEG ratio of 0.65 and a beta of 1.29. The company has a 50-day moving average of $222.50 and a 200 day moving average of $204.92. Universal Health Services, Inc. has a 1-year low of $132.38 and a 1-year high of $243.25.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share for the quarter, missing the consensus estimate of $3.75 by ($0.04). Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The company had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.90 billion. During the same period in the prior year, the firm posted $2.55 EPS. The business’s revenue was up 11.3% on a year-over-year basis. On average, research analysts expect that Universal Health Services, Inc. will post 15.93 EPS for the current year.

Universal Health Services declared that its board has initiated a share repurchase program on Wednesday, July 24th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the health services provider to reacquire up to 8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.

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.