CIBC Private Wealth Group LLC Has $446,000 Stock Position in Universal Health Services, Inc. (NYSE:UHS)

CIBC Private Wealth Group LLC increased its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 8.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,344 shares of the health services provider’s stock after acquiring an additional 177 shares during the period. CIBC Private Wealth Group LLC’s holdings in Universal Health Services were worth $446,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Choreo LLC increased its stake in shares of Universal Health Services by 3.4% in the fourth quarter. Choreo LLC now owns 1,822 shares of the health services provider’s stock valued at $325,000 after buying an additional 60 shares during the period. Quarry LP raised its stake in shares of Universal Health Services by 14.4% during the third quarter. Quarry LP now owns 516 shares of the health services provider’s stock valued at $118,000 after acquiring an additional 65 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of Universal Health Services by 2.2% during the fourth quarter. Stratos Wealth Partners LTD. now owns 3,060 shares of the health services provider’s stock worth $549,000 after purchasing an additional 65 shares during the period. LRI Investments LLC grew its stake in shares of Universal Health Services by 18.1% in the third quarter. LRI Investments LLC now owns 456 shares of the health services provider’s stock worth $104,000 after purchasing an additional 70 shares during the last quarter. Finally, Platinum Investment Management Ltd. increased its holdings in Universal Health Services by 17.6% in the fourth quarter. Platinum Investment Management Ltd. now owns 488 shares of the health services provider’s stock valued at $88,000 after purchasing an additional 73 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Cantor Fitzgerald raised Universal Health Services from a “neutral” rating to an “overweight” rating in a report on Monday, February 3rd. The Goldman Sachs Group cut Universal Health Services from a “buy” rating to a “neutral” rating and reduced their target price for the company from $228.00 to $198.00 in a report on Monday, December 16th. Stephens raised their price target on shares of Universal Health Services from $210.00 to $223.00 and gave the stock an “equal weight” rating in a report on Friday, February 28th. Wells Fargo & Company reduced their price objective 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. Finally, Morgan Stanley initiated coverage on shares of Universal Health Services in a research note on Wednesday, March 26th. They set an “equal weight” rating and a $200.00 target price for the company. Seven research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Universal Health Services has an average rating of “Moderate Buy” and a consensus price target of $228.38.

Universal Health Services Trading Down 7.4 %

NYSE UHS opened at $174.69 on Friday. The business has a 50 day moving average price of $181.75 and a 200-day moving average price of $195.57. Universal Health Services, Inc. has a 52 week low of $152.69 and a 52 week high of $243.25. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69. The company has a market cap of $11.36 billion, a price-to-earnings ratio of 11.62, a P/E/G ratio of 0.53 and a beta of 1.21.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data 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 firm had revenue of $4.11 billion for the quarter, compared to analyst estimates of $4.01 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. As a group, equities analysts expect that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend was Monday, March 3rd. Universal Health Services’s dividend payout ratio is currently 4.75%.

Insider Activity

In related news, Director Maria Ruderman Singer sold 1,000 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $179.16, for a total value of $179,160.00. Following the completion of the sale, the director now directly owns 7,916 shares of the company’s stock, valued at approximately $1,418,230.56. This represents a 11.22 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 16.10% of the company’s stock.

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.