Tompkins Financial Corp Makes New $96,000 Investment in Universal Health Services, Inc. (NYSE:UHS)

Tompkins Financial Corp acquired a new stake in Universal Health Services, Inc. (NYSE:UHSFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 630 shares of the health services provider’s stock, valued at approximately $96,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Raymond James Financial Services Advisors Inc. raised its stake in shares of Universal Health Services by 9.0% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 10,079 shares of the health services provider’s stock valued at $1,461,000 after buying an additional 828 shares during the last quarter. HighTower Advisors LLC raised its position in Universal Health Services by 1.6% during the first quarter. HighTower Advisors LLC now owns 11,674 shares of the health services provider’s stock valued at $1,691,000 after acquiring an additional 181 shares in the last quarter. MetLife Investment Management LLC lifted its holdings in Universal Health Services by 22.9% in the first quarter. MetLife Investment Management LLC now owns 19,853 shares of the health services provider’s stock valued at $2,878,000 after acquiring an additional 3,699 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Universal Health Services by 6.6% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,784 shares of the health services provider’s stock worth $1,418,000 after purchasing an additional 606 shares in the last quarter. Finally, BlackRock Inc. boosted its position in Universal Health Services by 2.3% in the 1st quarter. BlackRock Inc. now owns 5,026,512 shares of the health services provider’s stock worth $728,594,000 after purchasing an additional 113,259 shares in the last quarter. Institutional investors and hedge funds own 85.11% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. UBS Group boosted their target price on shares of Universal Health Services from $152.00 to $177.00 and gave the company a “neutral” rating in a research note on Thursday, February 29th. Barclays started coverage on shares of Universal Health Services in a research note on Wednesday, March 6th. They set an “equal weight” rating and a $181.00 target price on the stock. TD Cowen increased their price target on Universal Health Services from $140.00 to $181.00 and gave the stock a “market perform” rating in a research report on Friday, March 1st. Citigroup boosted their price objective on Universal Health Services from $170.00 to $193.00 and gave the company a “buy” rating in a research report on Thursday, February 29th. Finally, Wells Fargo & Company upgraded Universal Health Services from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $144.00 to $177.00 in a research report on Tuesday, January 2nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $171.93.

View Our Latest Research Report on UHS

Universal Health Services Price Performance

NYSE:UHS opened at $173.90 on Friday. Universal Health Services, Inc. has a one year low of $116.35 and a one year high of $179.40. The stock has a market cap of $11.69 billion, a PE ratio of 16.95, a P/E/G ratio of 0.89 and a beta of 1.23. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.29 and a current ratio of 1.40. The stock has a 50 day moving average price of $162.85 and a 200 day moving average price of $144.14.

Universal Health Services (NYSE:UHSGet Free Report) last released its quarterly earnings data on Tuesday, February 27th. The health services provider reported $3.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.11. The firm had revenue of $3.70 billion during the quarter, compared to analysts’ expectations of $3.66 billion. Universal Health Services had a net margin of 5.03% and a return on equity of 12.08%. Universal Health Services’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the business earned $3.02 earnings per share. Equities research analysts expect that Universal Health Services, Inc. will post 13.52 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date of this dividend was Thursday, February 29th. Universal Health Services’s dividend payout ratio is presently 7.80%.

Insider Transactions at Universal Health Services

In related news, CFO Steve Filton sold 35,000 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $176.82, for a total value of $6,188,700.00. Following the sale, the chief financial officer now directly owns 68,785 shares in the company, valued at approximately $12,162,563.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 15.40% of the company’s stock.

Universal Health Services Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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