Jackson Creek Investment Advisors LLC Buys New Stake in Universal Health Services, Inc. (NYSE:UHS)

Jackson Creek Investment Advisors LLC bought a new stake in Universal Health Services, Inc. (NYSE:UHS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,224 shares of the health services provider’s stock, valued at approximately $949,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its stake in Universal Health Services by 42.8% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider’s stock valued at $34,000 after buying an additional 80 shares in the last quarter. GAMMA Investing LLC purchased a new stake in Universal Health Services in the 4th quarter valued at approximately $42,000. Tompkins Financial Corp purchased a new stake in Universal Health Services in the 4th quarter valued at approximately $96,000. Platinum Investment Management Ltd. lifted its stake in shares of Universal Health Services by 16.9% during the 3rd quarter. Platinum Investment Management Ltd. now owns 727 shares of the health services provider’s stock worth $91,000 after purchasing an additional 105 shares during the period. Finally, Van ECK Associates Corp lifted its stake in shares of Universal Health Services by 9.6% during the 3rd quarter. Van ECK Associates Corp now owns 1,004 shares of the health services provider’s stock worth $126,000 after purchasing an additional 88 shares during the period. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Universal Health Services Stock Up 0.8 %

Shares of Universal Health Services stock traded up $1.31 during trading hours on Tuesday, hitting $170.43. 1,002,771 shares of the company’s stock traded hands, compared to its average volume of 592,902. The stock has a 50 day simple moving average of $170.76 and a 200-day simple moving average of $154.00. The company has a quick ratio of 1.28, a current ratio of 1.38 and a debt-to-equity ratio of 0.75. The company has a market cap of $11.46 billion, a PE ratio of 14.41, a PEG ratio of 0.82 and a beta of 1.24. Universal Health Services, Inc. has a twelve month low of $119.90 and a twelve month high of $183.61.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Wednesday, April 24th. The health services provider reported $3.70 EPS for the quarter, topping the consensus estimate of $3.14 by $0.56. Universal Health Services had a net margin of 5.57% and a return on equity of 13.34%. The business had revenue of $3.84 billion for the quarter, compared to analysts’ expectations of $3.78 billion. During the same quarter last year, the company posted $2.34 earnings per share. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. Equities research analysts anticipate that Universal Health Services, Inc. will post 13.47 earnings per share for the current fiscal year.

Insider Transactions at Universal Health Services

In other news, CFO Steve Filton sold 35,000 shares of the stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $176.82, for a total transaction of $6,188,700.00. Following the transaction, the chief financial officer now owns 68,785 shares of the company’s stock, valued at $12,162,563.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 16.10% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on UHS shares. TD Cowen increased their price target on Universal Health Services from $181.00 to $183.00 and gave the stock a “hold” rating in a research note on Tuesday. The Goldman Sachs Group increased their price target on Universal Health Services from $170.00 to $189.00 and gave the stock a “buy” rating in a research note on Monday, March 4th. UBS Group increased their price target on Universal Health Services from $152.00 to $177.00 and gave the stock a “neutral” rating in a research note on Thursday, February 29th. Cantor Fitzgerald restated an “underweight” rating and set a $156.00 price objective on shares of Universal Health Services in a report on Wednesday, April 10th. Finally, Wells Fargo & Company upped their price objective on Universal Health Services from $195.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Universal Health Services has an average rating of “Moderate Buy” and a consensus price target of $182.79.

About Universal Health Services

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.