denkapparat Operations GmbH Increases Holdings in Universal Health Services, Inc. $UHS

denkapparat Operations GmbH boosted its stake in Universal Health Services, Inc. (NYSE:UHS) by 10.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,294 shares of the health services provider’s stock after purchasing an additional 400 shares during the period. denkapparat Operations GmbH’s holdings in Universal Health Services were worth $778,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Zions Bancorporation National Association UT acquired a new stake in shares of Universal Health Services in the first quarter valued at about $30,000. First Horizon Advisors Inc. lifted its position in Universal Health Services by 347.6% during the 2nd quarter. First Horizon Advisors Inc. now owns 188 shares of the health services provider’s stock worth $34,000 after acquiring an additional 146 shares in the last quarter. Huntington National Bank boosted its holdings in Universal Health Services by 240.0% in the 2nd quarter. Huntington National Bank now owns 204 shares of the health services provider’s stock worth $37,000 after acquiring an additional 144 shares during the period. Federated Hermes Inc. grew its position in Universal Health Services by 89.7% in the first quarter. Federated Hermes Inc. now owns 258 shares of the health services provider’s stock valued at $48,000 after acquiring an additional 122 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of Universal Health Services by 22.9% during the second quarter. Farther Finance Advisors LLC now owns 354 shares of the health services provider’s stock valued at $64,000 after purchasing an additional 66 shares during the period. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Trading Up 0.9%

UHS opened at $224.58 on Wednesday. Universal Health Services, Inc. has a 12-month low of $152.33 and a 12-month high of $229.76. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.03 and a quick ratio of 1.19. The stock has a market capitalization of $14.29 billion, a PE ratio of 10.67, a P/E/G ratio of 0.80 and a beta of 1.33. The firm’s fifty day moving average price is $203.90 and its 200 day moving average price is $187.76.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Tuesday, October 28th. The health services provider reported $5.69 earnings per share for the quarter, topping the consensus estimate of $4.66 by $1.03. The company had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.32 billion. Universal Health Services had a net margin of 8.09% and a return on equity of 19.47%. The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period last year, the business earned $3.71 EPS. As a group, research analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Elliot J. Md Mba Sussman sold 965 shares of Universal Health Services stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $225.70, for a total value of $217,800.50. Following the completion of the transaction, the director directly owned 6,113 shares in the company, valued at approximately $1,379,704.10. This trade represents a 13.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 16.40% of the company’s stock.

Analyst Ratings Changes

UHS has been the topic of a number of recent research reports. The Goldman Sachs Group began coverage on shares of Universal Health Services in a research report on Tuesday, October 14th. They set a “neutral” rating and a $219.00 target price on the stock. Mizuho set a $242.00 price target on shares of Universal Health Services in a research note on Tuesday, October 28th. UBS Group set a $231.00 price objective on shares of Universal Health Services in a report on Thursday, October 30th. Guggenheim raised their target price on Universal Health Services from $227.00 to $253.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Robert W. Baird dropped their target price on Universal Health Services from $243.00 to $203.00 and set a “neutral” rating on the stock in a research report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $233.20.

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.