CreativeOne Wealth LLC Buys Shares of 2,111 Universal Health Services, Inc. (NYSE:UHS)

CreativeOne Wealth LLC purchased a new position in Universal Health Services, Inc. (NYSE:UHS) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 2,111 shares of the health services provider’s stock, valued at approximately $379,000.

Several other institutional investors and hedge funds have also made changes to their positions in UHS. MML Investors Services LLC increased its position in shares of Universal Health Services by 18.6% during the 3rd quarter. MML Investors Services LLC now owns 2,030 shares of the health services provider’s stock valued at $465,000 after purchasing an additional 318 shares during the period. Barclays PLC raised its holdings in shares of Universal Health Services by 13.4% in the 3rd quarter. Barclays PLC now owns 188,765 shares of the health services provider’s stock worth $43,227,000 after purchasing an additional 22,369 shares in the last quarter. Virtu Financial LLC bought a new stake in Universal Health Services during the third quarter worth approximately $2,194,000. Pine Valley Investments Ltd Liability Co bought a new position in shares of Universal Health Services in the third quarter valued at $201,000. Finally, World Investment Advisors LLC bought a new stake in shares of Universal Health Services during the 3rd quarter worth $21,557,000. 86.05% of the stock is currently owned by institutional investors.

Universal Health Services Trading Up 0.5 %

Shares of Universal Health Services stock opened at $174.57 on Friday. Universal Health Services, Inc. has a 1 year low of $158.10 and a 1 year high of $243.25. The company’s fifty day simple moving average is $178.66 and its 200-day simple moving average is $190.96. The company has a market cap of $11.35 billion, a price-to-earnings ratio of 11.61, a PEG ratio of 0.53 and a beta of 1.21. 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 (NYSE:UHS) last announced its quarterly earnings data on Wednesday, February 26th. The health services provider reported $4.92 EPS for the quarter, beating analysts’ consensus estimates of $4.21 by $0.71. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The business had revenue of $4.11 billion during the quarter, compared to analyst estimates of $4.01 billion. As a group, sell-side analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Dividend Announcement

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 was Monday, March 3rd. Universal Health Services’s payout ratio is 4.75%.

Insider Activity

In other news, Director Maria Ruderman Singer sold 1,000 shares of Universal Health Services stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $179.16, for a total value of $179,160.00. Following the completion of the transaction, the director now owns 7,916 shares in the company, valued at approximately $1,418,230.56. The trade was a 11.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 16.40% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on UHS shares. Wells Fargo & Company dropped their price target on 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. Robert W. Baird restated a “neutral” rating and issued a $224.00 target price (down previously from $274.00) on shares of Universal Health Services in a report on Tuesday, April 15th. Cantor Fitzgerald raised Universal Health Services from a “neutral” rating to an “overweight” rating in a research report on Monday, February 3rd. Morgan Stanley began coverage on Universal Health Services in a research note on Wednesday, March 26th. They set an “equal weight” rating and a $200.00 target price on the stock. Finally, Stephens boosted their price objective on shares of Universal Health Services from $210.00 to $223.00 and gave the company an “equal weight” rating in a research report on Friday, February 28th. Nine research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $224.92.

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.