Rational Advisors LLC cut its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 70.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 334 shares of the health services provider’s stock after selling 789 shares during the period. Rational Advisors LLC’s holdings in Universal Health Services were worth $50,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. FTB Advisors Inc. boosted its stake in Universal Health Services by 102.9% during the third quarter. FTB Advisors Inc. now owns 209 shares of the health services provider’s stock valued at $30,000 after buying an additional 106 shares during the last quarter. Pearl River Capital LLC bought a new position in Universal Health Services during the second quarter valued at approximately $35,000. Valeo Financial Advisors LLC bought a new position in Universal Health Services during the second quarter valued at approximately $47,000. CSat Investment Advisory L.P. boosted its stake in Universal Health Services by 74.0% during the second quarter. CSat Investment Advisory L.P. now owns 362 shares of the health services provider’s stock valued at $47,000 after buying an additional 154 shares during the last quarter. Finally, Pathstone Family Office LLC boosted its stake in Universal Health Services by 41.9% during the second quarter. Pathstone Family Office LLC now owns 423 shares of the health services provider’s stock valued at $55,000 after buying an additional 125 shares during the last quarter. 87.49% of the stock is owned by institutional investors.
NYSE:UHS opened at $144.27 on Friday. The firm has a market capitalization of $12.37 billion, a price-to-earnings ratio of 14.75, a PEG ratio of 1.78 and a beta of 1.06. Universal Health Services, Inc. has a 1 year low of $112.79 and a 1 year high of $157.79. The business has a 50 day simple moving average of $143.34 and a 200-day simple moving average of $137.08. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.19 and a quick ratio of 1.09.
Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Thursday, October 24th. The health services provider reported $1.99 earnings per share for the quarter, missing the consensus estimate of $2.30 by ($0.31). Universal Health Services had a return on equity of 15.80% and a net margin of 6.48%. The business had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.77 billion. During the same quarter in the previous year, the company posted $2.23 earnings per share. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. As a group, analysts expect that Universal Health Services, Inc. will post 9.81 earnings per share for the current fiscal year.
Several research firms have recently issued reports on UHS. Zacks Investment Research lowered Universal Health Services from a “hold” rating to a “sell” rating and set a $148.00 price objective for the company. in a research note on Monday, November 11th. Barclays lowered their price objective on Universal Health Services from $145.00 to $138.00 and set an “equal weight” rating for the company in a research note on Monday, October 28th. Morgan Stanley raised their price objective on Universal Health Services from $135.00 to $146.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 31st. Royal Bank of Canada raised their price objective on Universal Health Services to $165.00 and gave the company an “outperform” rating in a research note on Tuesday, July 30th. Finally, Credit Suisse Group raised their price objective on Universal Health Services from $150.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, July 29th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the stock. Universal Health Services has an average rating of “Hold” and an average price target of $149.75.
About Universal Health Services
Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.
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