Allianz Asset Management GmbH Lowers Stock Holdings in Universal Health Services, Inc. $UHS

Allianz Asset Management GmbH reduced its holdings in Universal Health Services, Inc. (NYSE:UHS) by 10.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 260,560 shares of the health services provider’s stock after selling 30,457 shares during the quarter. Allianz Asset Management GmbH’s holdings in Universal Health Services were worth $53,269,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in UHS. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Universal Health Services in the 2nd quarter valued at about $87,373,000. Norges Bank acquired a new stake in shares of Universal Health Services in the second quarter worth approximately $83,333,000. Nomura Holdings Inc. boosted its position in shares of Universal Health Services by 100.6% in the second quarter. Nomura Holdings Inc. now owns 2,560 shares of the health services provider’s stock worth $464,000 after acquiring an additional 426,211 shares during the last quarter. Invesco Ltd. grew its holdings in Universal Health Services by 11.1% in the second quarter. Invesco Ltd. now owns 1,461,198 shares of the health services provider’s stock valued at $264,696,000 after purchasing an additional 145,730 shares during the period. Finally, Amundi increased its position in Universal Health Services by 50.2% during the second quarter. Amundi now owns 403,237 shares of the health services provider’s stock worth $74,385,000 after purchasing an additional 134,757 shares during the last quarter. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. TD Cowen decreased their price target on shares of Universal Health Services from $251.00 to $245.00 and set a “buy” rating on the stock in a report on Wednesday, January 7th. Wall Street Zen raised Universal Health Services from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 11th. Guggenheim lifted their target price on Universal Health Services from $253.00 to $274.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. Mizuho set a $242.00 price target on Universal Health Services in a research note on Tuesday, October 28th. Finally, Zacks Research upgraded Universal Health Services from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Universal Health Services presently has an average rating of “Hold” and an average price target of $234.13.

Insiders Place Their Bets

In other Universal Health Services news, 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 completion of the transaction, the director directly owned 8,481 shares of the company’s stock, valued at $1,893,807.30. This represents a 31.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 16.40% of the stock is currently owned by insiders.

Universal Health Services Stock Down 0.3%

Shares of NYSE:UHS opened at $206.35 on Thursday. The company has a market capitalization of $12.89 billion, a price-to-earnings ratio of 9.80, a price-to-earnings-growth ratio of 0.65 and a beta of 1.26. The company has a 50 day moving average of $217.35 and a two-hundred day moving average of $203.74. Universal Health Services, Inc. has a 52-week low of $152.33 and a 52-week high of $246.32. The company has a quick ratio of 0.96, a current ratio of 1.03 and a debt-to-equity ratio of 0.55.

Universal Health Services Dividend Announcement

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

Universal Health Services 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.