Nordea Investment Management AB lifted its stake in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) by 187.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,201 shares of the health services provider’s stock after acquiring an additional 5,996 shares during the quarter. Nordea Investment Management AB’s holdings in Universal Health Services were worth $2,039,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. SBI Securities Co. Ltd. lifted its holdings in Universal Health Services by 320.0% in the 3rd quarter. SBI Securities Co. Ltd. now owns 126 shares of the health services provider’s stock worth $26,000 after purchasing an additional 96 shares during the last quarter. Root Financial Partners LLC acquired a new position in Universal Health Services during the third quarter valued at approximately $28,000. CYBER HORNET ETFs LLC acquired a new position in Universal Health Services during the second quarter valued at approximately $29,000. MUFG Securities EMEA plc bought a new position in shares of Universal Health Services in the second quarter valued at approximately $31,000. Finally, Brown Brothers Harriman & Co. raised its position in shares of Universal Health Services by 94.0% in the third quarter. Brown Brothers Harriman & Co. now owns 163 shares of the health services provider’s stock valued at $33,000 after purchasing an additional 79 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.
Universal Health Services Price Performance
Shares of Universal Health Services stock opened at $184.15 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.05 and a quick ratio of 0.98. The company has a market cap of $11.25 billion, a PE ratio of 7.95, a price-to-earnings-growth ratio of 0.73 and a beta of 1.26. The firm has a fifty day moving average price of $205.96 and a two-hundred day moving average price of $212.14. Universal Health Services, Inc. has a fifty-two week low of $152.33 and a fifty-two week high of $246.32.
Universal Health Services Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, March 2nd. Universal Health Services’s payout ratio is currently 3.46%.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on the stock. Guggenheim upped their price objective on shares of Universal Health Services from $253.00 to $274.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. TD Cowen dropped 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. Zacks Research lowered shares of Universal Health Services from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Cantor Fitzgerald lowered their price target on Universal Health Services from $250.00 to $229.00 and set a “neutral” rating on the stock in a research report on Friday, February 27th. Finally, Wall Street Zen lowered Universal Health Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 28th. Six investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Universal Health Services presently has an average rating of “Hold” and an average target price of $232.21.
Read Our Latest Stock Analysis on Universal Health Services
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.
Further Reading
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