Tokio Marine Asset Management Co. Ltd. Acquires New Stake in Universal Health Services, Inc. (NYSE:UHS)

Tokio Marine Asset Management Co. Ltd. acquired a new stake in Universal Health Services, Inc. (NYSE:UHS) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 1,529 shares of the health services provider’s stock, valued at approximately $233,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC purchased a new position in Universal Health Services in the 4th quarter valued at $42,000. Illinois Municipal Retirement Fund raised its stake in shares of Universal Health Services by 10.4% during the 4th quarter. Illinois Municipal Retirement Fund now owns 49,769 shares of the health services provider’s stock worth $7,587,000 after buying an additional 4,677 shares during the last quarter. Foster & Motley Inc. acquired a new position in shares of Universal Health Services during the 4th quarter worth $300,000. Handelsbanken Fonder AB raised its stake in Universal Health Services by 6.5% in the 4th quarter. Handelsbanken Fonder AB now owns 9,900 shares of the health services provider’s stock valued at $1,509,000 after purchasing an additional 600 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Universal Health Services by 3.3% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 5,436 shares of the health services provider’s stock valued at $829,000 after purchasing an additional 176 shares during the last quarter. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Universal Health Services Stock Up 0.6 %

NYSE UHS opened at $166.06 on Monday. The stock has a market cap of $11.16 billion, a PE ratio of 14.07, a P/E/G ratio of 0.82 and a beta of 1.24. Universal Health Services, Inc. has a fifty-two week low of $119.90 and a fifty-two week high of $183.61. The business has a 50 day moving average price of $170.63 and a two-hundred day moving average price of $153.68. The company has a quick ratio of 1.28, a current ratio of 1.38 and a debt-to-equity ratio of 0.75.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Wednesday, April 24th. The health services provider reported $3.70 earnings per share for the quarter, topping analysts’ consensus estimates of $3.14 by $0.56. The firm had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3.78 billion. Universal Health Services had a return on equity of 13.34% and a net margin of 5.57%. Universal Health Services’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.34 EPS. As a group, sell-side analysts predict that Universal Health Services, Inc. will post 13.47 EPS for the current fiscal year.

Analysts Set New Price Targets

UHS has been the subject of several analyst reports. UBS Group boosted their target price on shares of Universal Health Services from $152.00 to $177.00 and gave the company a “neutral” rating in a research note on Thursday, February 29th. Mizuho lifted their price target on Universal Health Services from $175.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Barclays lifted their price target on Universal Health Services from $181.00 to $189.00 and gave the company an “equal weight” rating in a report on Friday. JPMorgan Chase & Co. lifted their price target on Universal Health Services from $144.00 to $182.00 and gave the company a “neutral” rating in a report on Wednesday, March 13th. Finally, TD Cowen lifted their price target on Universal Health Services from $140.00 to $181.00 and gave the company a “market perform” rating in a report on Friday, March 1st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Universal Health Services presently has an average rating of “Moderate Buy” and an average target price of $182.64.

Insider Buying and Selling at Universal Health Services

In other Universal Health Services news, CFO Steve Filton sold 35,000 shares of the company’s stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $176.82, for a total value of $6,188,700.00. Following the transaction, the chief financial officer now directly owns 68,785 shares of the company’s stock, valued at approximately $12,162,563.70. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 16.10% of the stock is currently owned by corporate insiders.

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.