4,700 Shares in Universal Health Services, Inc. $UHS Purchased by Board of the Pension Protection Fund

Board of the Pension Protection Fund purchased a new stake in Universal Health Services, Inc. (NYSE:UHS) during the third quarter, HoldingsChannel.com reports. The firm purchased 4,700 shares of the health services provider’s stock, valued at approximately $961,000.

Other hedge funds have also recently bought and sold shares of the company. CYBER HORNET ETFs LLC acquired a new position in shares of Universal Health Services in the second quarter valued at approximately $29,000. MUFG Securities EMEA plc bought a new stake in Universal Health Services in the 2nd quarter valued at $31,000. First Horizon Advisors Inc. grew its holdings in Universal Health Services by 347.6% in the 2nd quarter. First Horizon Advisors Inc. now owns 188 shares of the health services provider’s stock valued at $34,000 after buying an additional 146 shares in the last quarter. Huntington National Bank increased its position in Universal Health Services by 240.0% during the 2nd quarter. Huntington National Bank now owns 204 shares of the health services provider’s stock worth $37,000 after buying an additional 144 shares during the period. Finally, Farther Finance Advisors LLC increased its position in Universal Health Services by 22.9% during the 2nd quarter. Farther Finance Advisors LLC now owns 354 shares of the health services provider’s stock worth $64,000 after buying an additional 66 shares during the period. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UHS has been the topic of a number of recent research reports. Wells Fargo & Company raised their price objective on Universal Health Services from $249.00 to $259.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Raymond James Financial set a $270.00 price target on Universal Health Services and gave the stock an “outperform” rating in a report on Monday, November 3rd. UBS Group set a $231.00 price objective on Universal Health Services in a research report on Thursday, October 30th. Cantor Fitzgerald lifted their target price on Universal Health Services from $227.00 to $250.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Finally, Barclays boosted their target price on Universal Health Services from $250.00 to $263.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Universal Health Services presently has a consensus rating of “Hold” and a consensus target price of $234.14.

Insider Buying and Selling at Universal Health Services

In other Universal Health Services news, Director Elliot J. Md Mba Sussman sold 965 shares of Universal Health Services stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $225.70, for a total transaction of $217,800.50. Following the transaction, the director directly owned 6,113 shares of the company’s stock, 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 can be accessed through this link. Also, Director Warren J. Nimetz sold 3,817 shares of the company’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $223.30, for a total value of $852,336.10. Following the sale, the director owned 8,481 shares in the company, valued at approximately $1,893,807.30. The trade was a 31.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 16.40% of the stock is owned by company insiders.

Universal Health Services Stock Performance

Shares of UHS stock opened at $227.47 on Friday. The firm has a market capitalization of $14.21 billion, a price-to-earnings ratio of 10.81, a PEG ratio of 0.76 and a beta of 1.27. The company has a current ratio of 1.03, a quick ratio of 0.96 and a debt-to-equity ratio of 0.55. The business’s 50-day moving average price is $223.52 and its 200-day moving average price is $196.25. Universal Health Services, Inc. has a 12 month low of $152.33 and a 12 month high of $246.32.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Tuesday, October 28th. The health services provider reported $5.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.66 by $1.03. Universal Health Services had a return on equity of 19.47% and a net margin of 8.09%.The company had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.32 billion. During the same quarter in the prior year, the firm posted $3.71 earnings per share. The firm’s revenue was up 13.4% compared to the same quarter last year. Equities research analysts forecast that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, December 1st. Universal Health Services’s dividend payout ratio is presently 3.80%.

Universal Health Services Company Profile

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.