Universal Health Services, Inc. $UHS Shares Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd lifted its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 777.8% in the second quarter, HoldingsChannel reports. The institutional investor owned 66,953 shares of the health services provider’s stock after purchasing an additional 59,326 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Universal Health Services were worth $12,129,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UHS. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Universal Health Services during the second quarter valued at about $87,373,000. AQR Capital Management LLC lifted its stake in shares of Universal Health Services by 57.8% in the 1st quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider’s stock valued at $173,381,000 after purchasing an additional 340,966 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Universal Health Services by 329.4% in the 1st quarter. Ameriprise Financial Inc. now owns 404,806 shares of the health services provider’s stock valued at $76,081,000 after purchasing an additional 310,531 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Universal Health Services during the 1st quarter worth about $25,555,000. Finally, Assenagon Asset Management S.A. increased its position in Universal Health Services by 119.5% during the 2nd quarter. Assenagon Asset Management S.A. now owns 241,164 shares of the health services provider’s stock worth $43,687,000 after purchasing an additional 131,305 shares in the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Stock Performance

NYSE:UHS opened at $210.79 on Monday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.29 and a quick ratio of 1.19. The firm has a 50-day moving average of $194.29 and a two-hundred day moving average of $183.48. The stock has a market cap of $13.41 billion, a P/E ratio of 11.10, a PEG ratio of 0.86 and a beta of 1.30. Universal Health Services, Inc. has a 1-year low of $152.33 and a 1-year high of $214.10.

Universal Health Services (NYSE:UHS) last announced its earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.85 by $0.50. Universal Health Services had a return on equity of 18.25% and a net margin of 7.66%.The business had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same period in the previous year, the company earned $4.31 earnings per share. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. On average, research analysts expect that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Analysts Set New Price Targets

UHS has been the topic of a number of recent research reports. Wells Fargo & Company lifted their price target on shares of Universal Health Services from $210.00 to $249.00 and gave the company an “overweight” rating in a research report on Tuesday, October 7th. UBS Group set a $227.00 target price on shares of Universal Health Services in a report on Wednesday, July 30th. Barclays decreased their price target on shares of Universal Health Services from $259.00 to $250.00 and set an “overweight” rating for the company in a research report on Thursday, September 18th. Cantor Fitzgerald reissued a “neutral” rating and issued a $227.00 price objective on shares of Universal Health Services in a research report on Tuesday, October 7th. Finally, Bank of America cut Universal Health Services from a “neutral” rating to an “underperform” rating and reduced their price objective for the stock from $215.00 to $185.00 in a research note on Wednesday, July 16th. Four investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $218.69.

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.