Universal Health Services, Inc. $UHS Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC lowered its position in Universal Health Services, Inc. (NYSE:UHS) by 12.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,637 shares of the health services provider’s stock after selling 7,422 shares during the quarter. Intech Investment Management LLC owned about 0.08% of Universal Health Services worth $9,173,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in Universal Health Services by 20.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 80,408 shares of the health services provider’s stock worth $15,109,000 after buying an additional 13,413 shares in the last quarter. CWM LLC boosted its position in Universal Health Services by 227.2% during the 1st quarter. CWM LLC now owns 11,316 shares of the health services provider’s stock worth $2,126,000 after acquiring an additional 7,858 shares during the period. Signaturefd LLC boosted its position in Universal Health Services by 34.8% during the 1st quarter. Signaturefd LLC now owns 728 shares of the health services provider’s stock worth $137,000 after acquiring an additional 188 shares during the period. Apollon Wealth Management LLC grew its stake in shares of Universal Health Services by 13.8% in the first quarter. Apollon Wealth Management LLC now owns 1,473 shares of the health services provider’s stock worth $277,000 after purchasing an additional 179 shares in the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of Universal Health Services by 26.9% during the first quarter. Victory Capital Management Inc. now owns 59,519 shares of the health services provider’s stock valued at $11,184,000 after purchasing an additional 12,629 shares during the period. Institutional investors own 86.05% of the company’s stock.

Universal Health Services Price Performance

UHS stock opened at $224.97 on Friday. Universal Health Services, Inc. has a one year low of $152.33 and a one year high of $231.37. The firm has a 50-day moving average of $206.36 and a two-hundred day moving average of $188.79. The firm has a market capitalization of $14.32 billion, a PE ratio of 10.69, a P/E/G ratio of 0.80 and a beta of 1.33. The company has a current ratio of 1.03, a quick ratio of 1.19 and a debt-to-equity ratio of 0.55.

Universal Health Services (NYSE:UHS) last released its quarterly 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. The business had revenue of $4.50 billion for the quarter, compared to analyst estimates of $4.32 billion. Universal Health Services had a net margin of 8.09% and a return on equity of 19.47%. The firm’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.71 earnings per share. On average, analysts forecast that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Insider Buying and Selling at Universal Health Services

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on UHS shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Universal Health Services in a report on Thursday. Raymond James Financial set a $270.00 price target on shares of Universal Health Services and gave the stock an “outperform” rating in a research report on Monday, November 3rd. Wall Street Zen raised shares of Universal Health Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. Barclays raised their price objective on shares of Universal Health Services from $250.00 to $263.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Universal Health Services in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $233.87.

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.