Reinhart Partners Inc. Sells 3,070 Shares of Universal Health Services, Inc. (NYSE:UHS)

Reinhart Partners Inc. reduced its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 2.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 128,175 shares of the health services provider’s stock after selling 3,070 shares during the period. Universal Health Services comprises 1.8% of Reinhart Partners Inc.’s investment portfolio, making the stock its 27th largest holding. Reinhart Partners Inc. owned approximately 0.14% of Universal Health Services worth $19,066,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Alps Advisors Inc. bought a new stake in shares of Universal Health Services during the third quarter worth about $357,000. First Trust Advisors LP grew its holdings in shares of Universal Health Services by 21.9% during the third quarter. First Trust Advisors LP now owns 300,704 shares of the health services provider’s stock worth $44,730,000 after purchasing an additional 54,084 shares during the last quarter. Daiwa Securities Group Inc. grew its holdings in shares of Universal Health Services by 51.5% during the third quarter. Daiwa Securities Group Inc. now owns 61,019 shares of the health services provider’s stock worth $9,076,000 after purchasing an additional 20,739 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Universal Health Services by 109.9% during the third quarter. Parallel Advisors LLC now owns 1,083 shares of the health services provider’s stock worth $161,000 after purchasing an additional 567 shares during the last quarter. Finally, IFM Investors Pty Ltd grew its holdings in shares of Universal Health Services by 64.4% during the third quarter. IFM Investors Pty Ltd now owns 9,664 shares of the health services provider’s stock worth $1,438,000 after purchasing an additional 3,787 shares during the last quarter. Institutional investors own 87.65% of the company’s stock.

UHS traded up $1.46 during trading on Friday, hitting $141.13. The company’s stock had a trading volume of 389,925 shares, compared to its average volume of 690,593. Universal Health Services, Inc. has a twelve month low of $112.79 and a twelve month high of $157.79. The company has a quick ratio of 1.09, a current ratio of 1.19 and a debt-to-equity ratio of 0.76. The stock’s fifty day moving average price is $144.25 and its 200-day moving average price is $136.67. The firm has a market capitalization of $12.38 billion, a P/E ratio of 14.81, a PEG ratio of 1.77 and a beta of 1.06.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Thursday, October 24th. The health services provider reported $1.99 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.30 by ($0.31). Universal Health Services had a net margin of 6.48% and a return on equity of 15.80%. The business had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.77 billion. During the same period last year, the firm posted $2.23 earnings per share. Universal Health Services’s quarterly revenue was up 6.5% compared to the same quarter last year. Equities research analysts expect that Universal Health Services, Inc. will post 9.81 EPS for the current fiscal year.

A number of equities analysts recently commented on UHS shares. Zacks Investment Research raised Universal Health Services from a “hold” rating to a “buy” rating and set a $152.00 price objective on the stock in a research note on Monday, September 2nd. Barclays cut their price objective on Universal Health Services from $145.00 to $138.00 and set an “equal weight” rating on the stock in a research note on Monday, October 28th. Bank of America lifted their price objective on Universal Health Services from $158.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Morgan Stanley lifted their price objective on Universal Health Services from $135.00 to $146.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 31st. Finally, Credit Suisse Group lifted their price objective on Universal Health Services from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Monday, July 29th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $150.00.

Universal Health Services Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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