Stevens Capital Management LP bought a new position in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 7,700 shares of the health services provider’s stock, valued at approximately $1,679,000.
A number of other institutional investors also recently modified their holdings of UHS. Stephens Inc. AR boosted its holdings in shares of Universal Health Services by 4.2% during the 3rd quarter. Stephens Inc. AR now owns 1,250 shares of the health services provider’s stock worth $256,000 after buying an additional 50 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Universal Health Services by 3.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,794 shares of the health services provider’s stock valued at $367,000 after acquiring an additional 58 shares during the period. Avanza Fonder AB boosted its holdings in Universal Health Services by 6.1% during the fourth quarter. Avanza Fonder AB now owns 1,027 shares of the health services provider’s stock valued at $224,000 after acquiring an additional 59 shares during the period. Resonant Capital Advisors LLC grew its position in shares of Universal Health Services by 1.6% in the fourth quarter. Resonant Capital Advisors LLC now owns 3,859 shares of the health services provider’s stock valued at $841,000 after purchasing an additional 60 shares during the last quarter. Finally, Bessemer Group Inc. grew its position in shares of Universal Health Services by 3.1% in the third quarter. Bessemer Group Inc. now owns 2,217 shares of the health services provider’s stock valued at $453,000 after purchasing an additional 66 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.
Universal Health Services Stock Down 0.3%
Shares of UHS opened at $165.50 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.08 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average price of $187.69 and a two-hundred day moving average price of $208.76. The stock has a market cap of $10.11 billion, a price-to-earnings ratio of 6.90, a P/E/G ratio of 0.79 and a beta of 1.13. Universal Health Services, Inc. has a 12 month low of $152.33 and a 12 month high of $246.32.
Universal Health Services Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, March 2nd. Universal Health Services’s dividend payout ratio is 3.33%.
Wall Street Analyst Weigh In
Several research firms recently weighed in on UHS. Royal Bank Of Canada cut their price objective on Universal Health Services from $216.00 to $190.00 and set a “sector perform” rating for the company in a research report on Wednesday, April 29th. Wells Fargo & Company dropped their price target on Universal Health Services from $235.00 to $212.00 and set an “equal weight” rating on the stock in a research report on Monday, March 2nd. Zacks Research lowered Universal Health Services from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. Cantor Fitzgerald reduced their price objective on Universal Health Services from $229.00 to $194.00 and set a “neutral” rating for the company in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Universal Health Services from $261.00 to $230.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Six investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $220.94.
Get Our Latest Research Report 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.
See Also
Receive News & Ratings for Universal Health Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services and related companies with MarketBeat.com's FREE daily email newsletter.
