Sei Investments Co. trimmed its position in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 0.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 137,034 shares of the health services provider’s stock after selling 61 shares during the quarter. Sei Investments Co. owned approximately 0.21% of Universal Health Services worth $24,590,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UHS. R Squared Ltd purchased a new position in Universal Health Services during the fourth quarter valued at approximately $29,000. Quent Capital LLC raised its holdings in shares of Universal Health Services by 118.3% during the fourth quarter. Quent Capital LLC now owns 179 shares of the health services provider’s stock worth $32,000 after acquiring an additional 97 shares in the last quarter. True Wealth Design LLC acquired a new stake in Universal Health Services during the third quarter valued at $39,000. Campbell Capital Management Inc. purchased a new position in Universal Health Services in the fourth quarter valued at about $46,000. Finally, Sunbelt Securities Inc. bought a new stake in shares of Universal Health Services in the 3rd quarter valued at approximately $69,000. 86.05% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
UHS has been the subject of several recent research reports. Barclays decreased their target price on shares of Universal Health Services from $271.00 to $249.00 and set an “overweight” rating for the company in a research report on Thursday, February 27th. Morgan Stanley began coverage on Universal Health Services in a report on Wednesday. They issued an “equal weight” rating and a $200.00 target price for the company. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $226.00 price target on shares of Universal Health Services in a report on Tuesday, December 17th. Cantor Fitzgerald raised shares of Universal Health Services from a “neutral” rating to an “overweight” rating in a research report on Monday, February 3rd. Finally, Wells Fargo & Company lowered their target price on shares of Universal Health Services from $230.00 to $225.00 and set an “overweight” rating on the stock in a research note on Monday, March 10th. Seven research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $228.38.
Insider Buying and Selling at Universal Health Services
In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $179.16, for a total value of $179,160.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 16.10% of the company’s stock.
Universal Health Services Price Performance
Shares of NYSE:UHS opened at $184.45 on Thursday. The firm has a market capitalization of $11.99 billion, a PE ratio of 12.26, a PEG ratio of 0.53 and a beta of 1.32. 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 1-year low of $152.69 and a 1-year high of $243.25. The business’s 50 day moving average is $181.84 and its 200-day moving average is $197.75.
Universal Health Services (NYSE:UHS – Get Free Report) last posted 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 business had revenue of $4.11 billion for the quarter, compared to analysts’ expectations of $4.01 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. Sell-side analysts predict that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.
Universal Health Services Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.43%. The ex-dividend date was Monday, March 3rd. Universal Health Services’s dividend payout ratio is 4.75%.
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.
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