Universal Health Services, Inc. $UHS Shares Purchased by Forsta AP Fonden

Forsta AP Fonden grew its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 7.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,000 shares of the health services provider’s stock after acquiring an additional 700 shares during the quarter. Forsta AP Fonden’s holdings in Universal Health Services were worth $1,812,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Invesco Ltd. increased its holdings in Universal Health Services by 6.0% in the first quarter. Invesco Ltd. now owns 1,315,468 shares of the health services provider’s stock valued at $247,176,000 after buying an additional 74,128 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Universal Health Services by 9.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,241,738 shares of the health services provider’s stock valued at $233,311,000 after purchasing an additional 102,137 shares during the period. AQR Capital Management LLC grew its stake in Universal Health Services by 57.8% in the first 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. American Century Companies Inc. lifted its stake in shares of Universal Health Services by 1.7% in the 1st quarter. American Century Companies Inc. now owns 634,592 shares of the health services provider’s stock valued at $119,240,000 after purchasing an additional 10,449 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Universal Health Services during the second quarter worth approximately $87,373,000. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Insiders Place Their Bets

In other Universal Health Services news, Director Elliot J. Md Mba Sussman sold 965 shares of the business’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $225.70, for a total transaction of $217,800.50. Following the completion of the sale, the director directly owned 6,113 shares in the company, valued at approximately $1,379,704.10. The trade was a 13.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Warren J. Nimetz sold 3,817 shares of the stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $223.30, for a total transaction of $852,336.10. Following the completion of the transaction, the director owned 8,481 shares in the company, valued at $1,893,807.30. The trade was a 31.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 16.40% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have commented on UHS. The Goldman Sachs Group initiated coverage on Universal Health Services in a research report on Tuesday, October 14th. They issued a “neutral” rating and a $219.00 price objective for the company. Wells Fargo & Company boosted their target price on Universal Health Services from $249.00 to $259.00 and gave the stock an “overweight” rating in a research report on Thursday. Mizuho set a $242.00 price objective on shares of Universal Health Services in a research report on Tuesday, October 28th. Raymond James Financial set a $270.00 price objective on Universal Health Services and gave the company an “outperform” rating in a report on Monday, November 3rd. Finally, Robert W. Baird lowered their price target on Universal Health Services from $243.00 to $203.00 and set a “neutral” rating for the company in a report on Thursday, August 14th. 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 assigned a Sell rating to the stock. According to MarketBeat.com, Universal Health Services currently has a consensus rating of “Hold” and an average price target of $233.87.

Universal Health Services Price Performance

UHS opened at $224.97 on Monday. The stock has a market capitalization of $14.32 billion, a P/E ratio of 10.69, a PEG ratio of 0.80 and a beta of 1.33. The stock has a 50-day moving average price of $206.36 and a 200-day moving average price of $188.87. 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, Inc. has a 12-month low of $152.33 and a 12-month high of $231.37.

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

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.