Swiss National Bank Reduces Stock Holdings in Universal Health Services, Inc. (NYSE:UHS)

Swiss National Bank lessened its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 4.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 194,300 shares of the health services provider’s stock after selling 8,200 shares during the quarter. Swiss National Bank owned 0.28% of Universal Health Services worth $29,619,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Van ECK Associates Corp raised its holdings in Universal Health Services by 6.6% in the 4th quarter. Van ECK Associates Corp now owns 1,070 shares of the health services provider’s stock worth $163,000 after purchasing an additional 66 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Universal Health Services by 42.8% in the third quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider’s stock valued at $34,000 after purchasing an additional 80 shares in the last quarter. Humankind Investments LLC grew its position in shares of Universal Health Services by 4.9% in the third quarter. Humankind Investments LLC now owns 2,124 shares of the health services provider’s stock valued at $267,000 after purchasing an additional 99 shares in the last quarter. New Mexico Educational Retirement Board grew its position in Universal Health Services by 3.2% in the third quarter. New Mexico Educational Retirement Board now owns 3,250 shares of the health services provider’s stock worth $409,000 after acquiring an additional 100 shares during the period. Finally, Platinum Investment Management Ltd. grew its position in Universal Health Services by 16.9% in the third quarter. Platinum Investment Management Ltd. now owns 727 shares of the health services provider’s stock worth $91,000 after acquiring an additional 105 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Steve Filton sold 35,000 shares of the business’s stock in a transaction on Friday, March 8th. The shares were sold at an average price of $176.82, for a total transaction of $6,188,700.00. Following the completion of the sale, 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 Securities & Exchange Commission, which can be accessed through this link. 16.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. The Goldman Sachs Group increased their price objective on Universal Health Services from $170.00 to $189.00 and gave the company a “buy” rating in a research note on Monday, March 4th. Mizuho raised their price target on Universal Health Services from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. JPMorgan Chase & Co. raised their price objective on shares of Universal Health Services from $144.00 to $182.00 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. Wells Fargo & Company raised their price objective on shares of Universal Health Services from $195.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, March 28th. Finally, Stephens reiterated an “equal weight” rating and set a $185.00 price target on shares of Universal Health Services in a research report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, Universal Health Services has a consensus rating of “Hold” and a consensus price target of $183.20.

Universal Health Services Trading Down 0.0 %

Shares of Universal Health Services stock opened at $169.47 on Thursday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.38 and a quick ratio of 1.28. Universal Health Services, Inc. has a 1 year low of $119.90 and a 1 year high of $183.61. The company has a market capitalization of $11.39 billion, a P/E ratio of 14.36, a P/E/G ratio of 0.84 and a beta of 1.26. The business has a 50 day moving average price of $171.56 and a 200 day moving average price of $155.92.

Universal Health Services (NYSE:UHS) last released its earnings results on Wednesday, April 24th. The health services provider reported $3.70 EPS for the quarter, topping the consensus estimate 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 net margin of 5.57% and a return on equity of 13.34%. Universal Health Services’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.34 EPS. Sell-side analysts anticipate that Universal Health Services, Inc. will post 13.51 EPS for the current fiscal year.

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.