Sivik Global Healthcare LLC Sells 7,500 Shares of Universal Health Services, Inc. (NYSE:UHS)

Sivik Global Healthcare LLC lessened its stake in Universal Health Services, Inc. (NYSE:UHS) by 16.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,500 shares of the health services provider’s stock after selling 7,500 shares during the quarter. Universal Health Services comprises about 3.5% of Sivik Global Healthcare LLC’s holdings, making the stock its 7th largest holding. Sivik Global Healthcare LLC owned 0.06% of Universal Health Services worth $6,728,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Foster & Motley Inc. boosted its stake in Universal Health Services by 5.6% during the fourth quarter. Foster & Motley Inc. now owns 2,638 shares of the health services provider’s stock worth $473,000 after buying an additional 139 shares during the period. Forsta AP Fonden raised its position in Universal Health Services by 1.8% in the fourth quarter. Forsta AP Fonden now owns 11,200 shares of the health services provider’s stock valued at $2,010,000 after purchasing an additional 200 shares during the period. Robeco Institutional Asset Management B.V. raised its position in Universal Health Services by 8.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 89,088 shares of the health services provider’s stock valued at $15,984,000 after purchasing an additional 6,775 shares during the period. R Squared Ltd acquired a new position in Universal Health Services during the fourth quarter worth $29,000. Finally, SteelPeak Wealth LLC purchased a new position in shares of Universal Health Services during the fourth quarter worth $659,000. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Universal Health Services Price Performance

UHS stock opened at $189.10 on Thursday. The firm has a 50 day moving average of $188.14 and a 200-day moving average of $207.68. The company has a market cap of $12.47 billion, a price-to-earnings ratio of 12.57, a PEG ratio of 0.54 and a beta of 1.30. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. Universal Health Services, Inc. has a 12-month low of $152.68 and a 12-month high of $243.25.

Universal Health Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd were issued a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.42%. Universal Health Services’s dividend payout ratio (DPR) is 5.32%.

Insider Activity

In other news, Director Maria Ruderman Singer sold 1,614 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total value of $308,516.10. Following the transaction, the director now directly owns 5,879 shares in the company, valued at $1,123,770.85. This trade represents a 21.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 16.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Cantor Fitzgerald reiterated a “neutral” rating and set a $219.00 price target on shares of Universal Health Services in a research note on Friday, October 25th. Bank of America started coverage on shares of Universal Health Services in a research report on Wednesday, November 6th. They issued a “neutral” rating and a $223.00 price objective on the stock. Barclays lifted their price objective on shares of Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. KeyCorp started coverage on Universal Health Services in a research report on Friday, October 11th. They set a “sector weight” rating on the stock. Finally, The Goldman Sachs Group downgraded Universal Health Services from a “buy” rating to a “neutral” rating and lowered their price target for the company from $228.00 to $198.00 in a report on Monday, December 16th. Seven investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Universal Health Services presently has an average rating of “Moderate Buy” and an average price target of $226.14.

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.