Johnson Investment Counsel Inc. Has $3.58 Million Holdings in Universal Health Services, Inc. $UHS

Johnson Investment Counsel Inc. increased its holdings in Universal Health Services, Inc. (NYSE:UHS) by 30.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,506 shares of the health services provider’s stock after buying an additional 4,130 shares during the period. Johnson Investment Counsel Inc.’s holdings in Universal Health Services were worth $3,579,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Stephens Inc. AR boosted its stake in shares of Universal Health Services by 4.2% during the third quarter. Stephens Inc. AR now owns 1,250 shares of the health services provider’s stock valued at $256,000 after purchasing an additional 50 shares in the last quarter. Silver Oak Securities Incorporated increased its stake in shares of Universal Health Services by 1.5% in the third quarter. Silver Oak Securities Incorporated now owns 3,512 shares of the health services provider’s stock valued at $718,000 after buying an additional 52 shares during the period. Bessemer Group Inc. increased its position in Universal Health Services by 3.1% during the 3rd quarter. Bessemer Group Inc. now owns 2,217 shares of the health services provider’s stock valued at $453,000 after purchasing an additional 66 shares during the period. Choreo LLC increased its position in shares of Universal Health Services by 3.9% during the second quarter. Choreo LLC now owns 1,838 shares of the health services provider’s stock worth $333,000 after buying an additional 69 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in Universal Health Services by 2.7% during the 1st quarter. NewEdge Advisors LLC now owns 2,665 shares of the health services provider’s stock worth $501,000 after acquiring an additional 69 shares during the period. 86.05% of the stock is currently owned by institutional investors.

Universal Health Services Stock Performance

NYSE:UHS opened at $212.62 on Wednesday. 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, Inc. has a twelve month low of $152.33 and a twelve month high of $246.32. The stock has a market cap of $13.28 billion, a P/E ratio of 10.10, a price-to-earnings-growth ratio of 0.67 and a beta of 1.26. The firm’s fifty day simple moving average is $215.25 and its 200 day simple moving average is $205.55.

Universal Health Services Announces Dividend

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

Analysts Set New Price Targets

A number of research firms recently issued reports on UHS. Weiss Ratings reiterated a “buy (b)” rating on shares of Universal Health Services in a research report on Monday, December 29th. Cantor Fitzgerald boosted their target price on Universal Health Services from $227.00 to $250.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. UBS Group restated a “buy” rating on shares of Universal Health Services in a research note on Thursday, January 15th. TD Cowen lowered their target price 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. Finally, Wells Fargo & Company restated an “equal weight” rating and set a $235.00 target price (down from $259.00) on shares of Universal Health Services in a research report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $234.13.

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.