Arrowstreet Capital Limited Partnership Has $262.93 Million Stock Holdings in Universal Health Services, Inc. $UHS

Arrowstreet Capital Limited Partnership lifted its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,206,000 shares of the health services provider’s stock after purchasing an additional 80,236 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Universal Health Services were worth $262,932,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Pzena Investment Management LLC increased its stake in shares of Universal Health Services by 31.5% during the 4th quarter. Pzena Investment Management LLC now owns 2,112,604 shares of the health services provider’s stock worth $460,590,000 after purchasing an additional 505,575 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Universal Health Services by 6.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,588,911 shares of the health services provider’s stock valued at $346,447,000 after buying an additional 94,447 shares during the last quarter. Norges Bank acquired a new position in Universal Health Services in the 4th quarter valued at about $199,334,000. Morgan Stanley grew its stake in Universal Health Services by 59.5% in the 4th quarter. Morgan Stanley now owns 871,377 shares of the health services provider’s stock valued at $189,978,000 after buying an additional 325,162 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in Universal Health Services by 22.1% in the 3rd quarter. American Century Companies Inc. now owns 781,145 shares of the health services provider’s stock valued at $159,698,000 after buying an additional 141,621 shares during the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Universal Health Services Price Performance

Shares of NYSE:UHS opened at $146.40 on Monday. The company has a market cap of $8.86 billion, a price-to-earnings ratio of 6.10, a PEG ratio of 0.78 and a beta of 1.07. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 1.01. The firm has a 50 day simple moving average of $166.05 and a 200 day simple moving average of $196.15. Universal Health Services, Inc. has a one year low of $140.08 and a one year high of $246.32.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Tuesday, April 28th. The health services provider reported $5.62 EPS for the quarter, beating the consensus estimate of $5.41 by $0.21. Universal Health Services had a net margin of 8.56% and a return on equity of 19.57%. The business had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.39 billion. During the same quarter in the prior year, the firm earned $4.84 EPS. The firm’s revenue was up 9.6% compared to the same quarter last year. Research analysts predict that Universal Health Services, Inc. will post 23.47 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 8th will be given a dividend of $0.20 per share. The ex-dividend date is Monday, June 8th. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. Universal Health Services’s dividend payout ratio is 3.33%.

Analysts Set New Price Targets

UHS has been the topic of a number of research reports. JPMorgan Chase & Co. decreased their price target on shares of Universal Health Services from $235.00 to $205.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 20th. Royal Bank Of Canada decreased their price target on shares of Universal Health Services from $216.00 to $190.00 and set a “sector perform” rating on the stock in a research note on Wednesday, April 29th. Wells Fargo & Company started coverage on shares of Universal Health Services in a research report on Monday, June 1st. They set an “equal weight” rating and a $165.00 target price on the stock. Raymond James Financial lowered shares of Universal Health Services from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 29th. Finally, Barclays decreased their target price on shares of Universal Health Services from $268.00 to $238.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 28th. Six equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $218.63.

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.