Boston Partners Has $13.86 Million Stock Position in Universal Health Services, Inc. $UHS

Boston Partners increased its stake in Universal Health Services, Inc. (NYSE:UHS) by 112.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 76,511 shares of the health services provider’s stock after purchasing an additional 40,457 shares during the quarter. Boston Partners’ holdings in Universal Health Services were worth $13,858,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Universal Health Services by 16.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 10,029 shares of the health services provider’s stock valued at $1,851,000 after purchasing an additional 1,430 shares during the period. QRG Capital Management Inc. increased its position in Universal Health Services by 102.4% during the second quarter. QRG Capital Management Inc. now owns 4,820 shares of the health services provider’s stock worth $873,000 after buying an additional 2,438 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Universal Health Services by 20.0% in the first quarter. Envestnet Asset Management Inc. now owns 80,408 shares of the health services provider’s stock valued at $15,109,000 after buying an additional 13,413 shares during the period. Cresset Asset Management LLC bought a new stake in Universal Health Services in the first quarter valued at approximately $265,000. Finally, Patton Fund Management Inc. acquired a new stake in shares of Universal Health Services in the second quarter valued at approximately $232,000. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on UHS shares. Mizuho set a $242.00 target price on Universal Health Services in a report on Tuesday, October 28th. UBS Group set a $231.00 price objective on shares of Universal Health Services in a report on Thursday, October 30th. Zacks Research raised shares of Universal Health Services from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. Wells Fargo & Company lifted their target price on shares of Universal Health Services from $249.00 to $259.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Raymond James Financial set a $270.00 price target on shares of Universal Health Services and gave the company an “outperform” rating in a research note on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $233.87.

Universal Health Services Trading Down 0.5%

Shares of Universal Health Services stock opened at $227.37 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.19 and a current ratio of 1.03. The firm has a 50-day moving average of $205.67 and a 200-day moving average of $188.32. Universal Health Services, Inc. has a 52-week low of $152.33 and a 52-week high of $231.37. The stock has a market cap of $14.47 billion, a PE ratio of 10.80, a PEG ratio of 0.80 and a beta of 1.33.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Tuesday, October 28th. The health services provider reported $5.69 earnings per share for the quarter, topping the consensus estimate of $4.66 by $1.03. The business had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $4.32 billion. Universal Health Services had a net margin of 8.09% and a return on equity of 19.47%. The business’s revenue was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.71 EPS. As a group, sell-side analysts forecast that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Insider Activity at Universal Health Services

In related news, Director Elliot J. Md Mba Sussman sold 965 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $225.70, for a total transaction of $217,800.50. Following the sale, the director owned 6,113 shares of the company’s stock, valued at $1,379,704.10. This represents a 13.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Warren J. Nimetz sold 3,817 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $223.30, for a total value of $852,336.10. Following the transaction, the director owned 8,481 shares in the company, valued at approximately $1,893,807.30. This trade represents a 31.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 16.40% of the stock is currently owned by company insiders.

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.