Nisa Investment Advisors LLC Reduces Stake in Universal Health Services, Inc. (NYSE:UHS)

Nisa Investment Advisors LLC lowered its position in Universal Health Services, Inc. (NYSE:UHS) by 13.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,027 shares of the health services provider’s stock after selling 4,402 shares during the period. Nisa Investment Advisors LLC’s holdings in Universal Health Services were worth $5,029,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of UHS. State Street Corp grew its stake in shares of Universal Health Services by 0.6% during the 3rd quarter. State Street Corp now owns 2,724,075 shares of the health services provider’s stock valued at $623,840,000 after purchasing an additional 17,527 shares during the period. Geode Capital Management LLC increased its holdings in Universal Health Services by 4.0% during 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 buying an additional 63,754 shares during the last quarter. JPMorgan Chase & Co. raised its position in Universal Health Services by 0.9% in the third quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider’s stock worth $274,248,000 after acquiring an additional 10,578 shares during the period. Charles Schwab Investment Management Inc. raised its position in Universal Health Services by 1.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 603,705 shares of the health services provider’s stock worth $138,254,000 after acquiring an additional 11,353 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Universal Health Services by 13.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 346,969 shares of the health services provider’s stock worth $79,459,000 after acquiring an additional 41,218 shares during the last quarter. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Analysts Set New Price Targets

UHS has been the topic of a number of recent research reports. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $219.00 target price on shares of Universal Health Services in a report on Friday, October 25th. 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. The Goldman Sachs Group lowered shares of Universal Health Services from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $228.00 to $198.00 in a report on Monday, December 16th. Bank of America started coverage on shares of Universal Health Services in a report on Wednesday, November 6th. They set a “neutral” rating and a $223.00 price target on the stock. Finally, KeyCorp began coverage on shares of Universal Health Services in a research note on Friday, October 11th. They issued a “sector weight” rating for the company. Seven research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Universal Health Services has an average rating of “Moderate Buy” and a consensus price target of $226.14.

Universal Health Services Trading Down 2.2 %

Shares of UHS stock opened at $185.65 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $12.25 billion, a price-to-earnings ratio of 12.34, a price-to-earnings-growth ratio of 0.54 and a beta of 1.30. Universal Health Services, Inc. has a 12-month low of $152.68 and a 12-month high of $243.25. The stock’s 50-day moving average price is $188.65 and its 200-day moving average price is $207.37.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Thursday, October 24th. The health services provider reported $3.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.75 by ($0.04). The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.90 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The business’s revenue was up 11.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.55 EPS. Equities research analysts predict that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date was Tuesday, December 3rd. Universal Health Services’s payout ratio is 5.32%.

Insider Buying and Selling at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,614 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total transaction of $308,516.10. Following the sale, the director now directly owns 5,879 shares of the company’s stock, valued at $1,123,770.85. The trade was a 21.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 16.10% of the stock is owned by company insiders.

About Universal Health Services

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.