Bokf Na Purchases New Shares in Universal Health Services, Inc. (NYSE:UHS)

Bokf Na acquired a new position in Universal Health Services, Inc. (NYSE:UHS) in the fourth quarter, Holdings Channel reports. The fund acquired 2,949 shares of the health services provider’s stock, valued at approximately $539,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UHS. Allspring Global Investments Holdings LLC increased its holdings in Universal Health Services by 22.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 54,105 shares of the health services provider’s stock worth $9,721,000 after buying an additional 9,946 shares during the last quarter. Savant Capital LLC increased its stake in shares of Universal Health Services by 255.3% during the 4th quarter. Savant Capital LLC now owns 6,345 shares of the health services provider’s stock worth $1,138,000 after purchasing an additional 4,559 shares during the last quarter. Abacus Planning Group Inc. increased its stake in shares of Universal Health Services by 175.6% during the 4th quarter. Abacus Planning Group Inc. now owns 2,792 shares of the health services provider’s stock worth $501,000 after purchasing an additional 1,779 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Universal Health Services by 0.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider’s stock worth $274,248,000 after purchasing an additional 10,578 shares during the period. Finally, Empirical Finance LLC lifted its stake in Universal Health Services by 43.3% in the fourth quarter. Empirical Finance LLC now owns 8,176 shares of the health services provider’s stock valued at $1,467,000 after purchasing an additional 2,472 shares during the last quarter. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Morgan Stanley started coverage on Universal Health Services in a research note on Wednesday, March 26th. They set an “equal weight” rating and a $200.00 price target for the company. Royal Bank of Canada reduced their target price on shares of Universal Health Services from $211.00 to $201.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 30th. Stephens upped their price target on shares of Universal Health Services from $210.00 to $223.00 and gave the company an “equal weight” rating in a research note 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 for the company in a research note on Monday, March 10th. Finally, Barclays increased their target price on Universal Health Services from $249.00 to $257.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 29th. Nine investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $224.77.

Universal Health Services Stock Down 1.1 %

UHS stock opened at $181.73 on Friday. Universal Health Services, Inc. has a 1-year low of $153.99 and a 1-year high of $243.25. The stock has a market cap of $11.81 billion, a price-to-earnings ratio of 12.08, a price-to-earnings-growth ratio of 0.53 and a beta of 1.29. 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 company’s 50 day moving average is $176.82 and its 200 day moving average is $186.24.

Universal Health Services (NYSE:UHS) last issued its earnings results on Monday, April 28th. The health services provider reported $4.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.36 by $0.48. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The business had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.16 billion. During the same quarter in the prior year, the firm earned $3.70 earnings per share. Universal Health Services’s revenue for the quarter was up 6.7% on a year-over-year basis. Sell-side analysts predict that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a $0.20 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.44%. Universal Health Services’s dividend payout ratio is currently 4.49%.

Insider Activity

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of the business’s stock in a transaction that occurred 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 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 16.40% of the stock is currently owned by corporate 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.