Universal Health Services, Inc. (NYSE:UHS) Shares Sold by UBS Group AG

UBS Group AG cut its holdings in Universal Health Services, Inc. (NYSE:UHS – Get Rating) by 11.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 46,844 shares of the health services provider’s stock after selling 6,159 shares during the period. UBS Group AG owned about 0.07% of Universal Health Services worth $6,600,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Brinker Capital Investments LLC boosted its position in Universal Health Services by 2.5% during the 1st quarter. Brinker Capital Investments LLC now owns 3,375 shares of the health services provider’s stock valued at $489,000 after purchasing an additional 83 shares during the period. Ancora Advisors LLC raised its stake in Universal Health Services by 33.3% during the 1st quarter. Ancora Advisors LLC now owns 400 shares of the health services provider’s stock valued at $53,000 after purchasing an additional 100 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Universal Health Services by 2.3% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,648 shares of the health services provider’s stock valued at $655,000 after buying an additional 104 shares in the last quarter. Commerce Bank increased its stake in Universal Health Services by 2.1% in the third quarter. Commerce Bank now owns 5,752 shares of the health services provider’s stock valued at $507,000 after acquiring an additional 120 shares during the period. Finally, Eaton Vance Management raised its stake in Universal Health Services by 0.5% during the first quarter. Eaton Vance Management now owns 23,297 shares of the health services provider’s stock worth $3,377,000 after acquiring an additional 127 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

Universal Health Services Stock Performance

Shares of UHS stock opened at $127.60 on Friday. Universal Health Services, Inc. has a 12 month low of $82.50 and a 12 month high of $154.65. The company’s fifty day simple moving average is $133.90 and its 200-day simple moving average is $135.72. The firm has a market cap of $8.95 billion, a PE ratio of 13.56, a P/E/G ratio of 1.65 and a beta of 1.25. The company has a quick ratio of 1.26, a current ratio of 1.37 and a debt-to-equity ratio of 0.78.

Universal Health Services (NYSE:UHS – Get Rating) last issued its quarterly earnings results on Tuesday, April 25th. The health services provider reported $2.34 EPS for the quarter, topping the consensus estimate of $2.15 by $0.19. The firm had revenue of $3.47 billion for the quarter, compared to analysts’ expectations of $3.45 billion. Universal Health Services had a net margin of 5.05% and a return on equity of 12.33%. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.15 EPS. Equities research analysts expect that Universal Health Services, Inc. will post 10.25 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 15th. Investors of record on Thursday, June 1st will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Wednesday, May 31st. This represents a $0.80 annualized dividend and a yield of 0.63%. Universal Health Services’s dividend payout ratio is 8.50%.

Insider Buying and Selling at Universal Health Services

In related news, Director Lawrence S. Gibbs sold 1,568 shares of the firm’s stock in a transaction on Friday, March 3rd. The stock was sold at an average price of $128.29, for a total transaction of $201,158.72. Following the sale, the director now owns 3,023 shares of the company’s stock, valued at approximately $387,820.67. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CEO Marc D. Miller sold 44,110 shares of the company’s stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of $142.65, for a total transaction of $6,292,291.50. Following the transaction, the chief executive officer now owns 160,383 shares in the company, valued at $22,878,634.95. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lawrence S. Gibbs sold 1,568 shares of the company’s stock in a transaction that occurred on Friday, March 3rd. The stock was sold at an average price of $128.29, for a total value of $201,158.72. Following the transaction, the director now directly owns 3,023 shares in the company, valued at $387,820.67. The disclosure for this sale can be found here. In the last quarter, insiders have sold 76,258 shares of company stock valued at $10,733,371. 15.40% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

UHS has been the subject of a number of recent analyst reports. Royal Bank of Canada raised their price target on Universal Health Services from $130.00 to $152.00 in a report on Thursday, April 27th. 1-800-FLOWERS.COM reiterated a “maintains” rating on shares of Universal Health Services in a research report on Thursday, April 27th. Wells Fargo & Company lowered their price objective on shares of Universal Health Services from $154.00 to $138.00 and set an “equal weight” rating for the company in a research report on Monday, March 6th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Universal Health Services from $145.00 to $155.00 in a research note on Thursday, April 27th. Finally, Citigroup boosted their price objective on shares of Universal Health Services from $150.00 to $165.00 in a research report on Thursday, April 27th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price 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.