ProShare Advisors LLC Increases Position in Universal Health Services, Inc. $UHS

ProShare Advisors LLC boosted its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 3.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,831 shares of the health services provider’s stock after purchasing an additional 638 shares during the quarter. ProShare Advisors LLC’s holdings in Universal Health Services were worth $3,230,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Zions Bancorporation National Association UT bought a new stake in shares of Universal Health Services in the first quarter worth $30,000. First Horizon Advisors Inc. grew its holdings in Universal Health Services by 347.6% during the 2nd quarter. First Horizon Advisors Inc. now owns 188 shares of the health services provider’s stock worth $34,000 after acquiring an additional 146 shares in the last quarter. Huntington National Bank grew its holdings in Universal Health Services by 240.0% during the 2nd quarter. Huntington National Bank now owns 204 shares of the health services provider’s stock worth $37,000 after acquiring an additional 144 shares in the last quarter. Federated Hermes Inc. increased its position in shares of Universal Health Services by 89.7% in the 1st quarter. Federated Hermes Inc. now owns 258 shares of the health services provider’s stock worth $48,000 after purchasing an additional 122 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of Universal Health Services by 22.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 354 shares of the health services provider’s stock valued at $64,000 after purchasing an additional 66 shares in the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Warren J. Nimetz sold 3,817 shares of Universal Health Services stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $223.30, for a total value of $852,336.10. Following the sale, the director directly owned 8,481 shares in the company, valued at $1,893,807.30. This trade represents a 31.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Elliot J. Md Mba Sussman sold 965 shares of the company’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $225.70, for a total transaction of $217,800.50. Following the completion of the transaction, the director owned 6,113 shares of the company’s stock, valued at approximately $1,379,704.10. This trade represents a 13.63% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 16.40% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. decreased their price target on Universal Health Services from $215.00 to $195.00 and set a “neutral” rating for the company in a research note on Monday, August 4th. UBS Group set a $231.00 target price on Universal Health Services in a report on Thursday, October 30th. Raymond James Financial set a $270.00 price target on Universal Health Services and gave the company an “outperform” rating in a report on Monday, November 3rd. Mizuho set a $242.00 price target on Universal Health Services in a research report on Tuesday, October 28th. Finally, Wall Street Zen upgraded Universal Health Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $233.87.

Universal Health Services Trading Down 1.1%

NYSE:UHS opened at $224.97 on Friday. The firm has a market capitalization of $14.32 billion, a P/E ratio of 10.69, a P/E/G ratio of 0.80 and a beta of 1.33. The business has a 50 day simple moving average of $206.36 and a 200 day simple moving average of $188.68. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.03 and a quick ratio of 1.19. Universal Health Services, Inc. has a 12-month low of $152.33 and a 12-month high of $231.37.

Universal Health Services (NYSE:UHS) last posted its earnings results on Tuesday, October 28th. The health services provider reported $5.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.66 by $1.03. Universal Health Services had a return on equity of 19.47% and a net margin of 8.09%.The company had revenue of $4.50 billion for the quarter, compared to analysts’ expectations of $4.32 billion. During the same period last year, the business posted $3.71 earnings per share. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. Equities research analysts predict that Universal Health Services, Inc. will post 15.92 EPS for the current year.

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.