Universal Health Services, Inc. (NYSE:UHS) Director Sells $226,195.20 in Stock

Universal Health Services, Inc. (NYSE:UHS – Get Rating) Director Eileen C. Mcdonnell sold 1,680 shares of the firm’s stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $134.64, for a total value of $226,195.20. Following the completion of the transaction, the director now directly owns 5,316 shares in the company, valued at $715,746.24. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Universal Health Services Price Performance

Shares of NYSE:UHS opened at $134.63 on Friday. The business’s 50 day moving average is $132.99 and its 200-day moving average is $135.41. The company has a current ratio of 1.37, a quick ratio of 1.26 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $9.45 billion, a PE ratio of 14.31, a PEG ratio of 1.76 and a beta of 1.25. Universal Health Services, Inc. has a 1-year low of $82.50 and a 1-year high of $154.65.

Universal Health Services (NYSE:UHS – Get Rating) last announced its quarterly earnings results on Tuesday, April 25th. The health services provider reported $2.34 EPS for the quarter, beating the consensus estimate of $2.15 by $0.19. The business had revenue of $3.47 billion for the quarter, compared to analyst estimates of $3.45 billion. Universal Health Services had a return on equity of 12.33% and a net margin of 5.05%. Universal Health Services’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.15 EPS. Sell-side analysts predict that Universal Health Services, Inc. will post 10.25 earnings per share for the current year.

Universal Health Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Investors of record on Thursday, June 1st will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.59%. The ex-dividend date of this dividend is Wednesday, May 31st. Universal Health Services’s dividend payout ratio is 8.50%.

Institutional Trading of Universal Health Services

Several institutional investors have recently bought and sold shares of UHS. JPMorgan Chase & Co. raised its position in Universal Health Services by 3.3% in the 1st quarter. JPMorgan Chase & Co. now owns 1,206,558 shares of the health services provider’s stock valued at $153,353,000 after purchasing an additional 39,076 shares during the last quarter. Advisory Services Network LLC raised its position in Universal Health Services by 892.5% in the 1st quarter. Advisory Services Network LLC now owns 1,985 shares of the health services provider’s stock valued at $252,000 after purchasing an additional 1,785 shares during the last quarter. Chevy Chase Trust Holdings LLC raised its position in Universal Health Services by 1.4% in the 1st quarter. Chevy Chase Trust Holdings LLC now owns 37,283 shares of the health services provider’s stock valued at $4,739,000 after purchasing an additional 514 shares during the last quarter. Thrivent Financial for Lutherans raised its position in Universal Health Services by 140.4% in the 1st quarter. Thrivent Financial for Lutherans now owns 33,878 shares of the health services provider’s stock valued at $4,306,000 after purchasing an additional 19,784 shares during the last quarter. Finally, Samlyn Capital LLC bought a new position in Universal Health Services in the 1st quarter valued at $14,162,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UHS. StockNews.com began coverage on Universal Health Services in a research note on Thursday. They issued a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft raised their price objective on Universal Health Services from $145.00 to $155.00 in a research note on Thursday, April 27th. Royal Bank of Canada raised their price objective on Universal Health Services from $130.00 to $152.00 in a research note on Thursday, April 27th. UBS Group raised Universal Health Services from a “sell” rating to a “neutral” rating and raised their target price for the company from $113.00 to $167.00 in a report on Tuesday, January 24th. Finally, Wells Fargo & Company lowered their target price on Universal Health Services from $154.00 to $138.00 and set an “equal weight” rating on the stock in a report on Monday, March 6th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $137.71.

Universal Health Services Company Profile

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Universal Health Services, Inc operates as a healthcare management company, which through its subsidiaries, owns and operates acute care hospitals, behavioral health centers, and outpatient facilities. It operates through the following segments: Acute Care Hospital Services, Behavioral Health Care Services, and Other.