Universal Health Services, Inc. (NYSE:UHS) Shares Sold by Keeley Teton Advisors LLC

Keeley Teton Advisors LLC trimmed its stake in Universal Health Services, Inc. (NYSE:UHSFree Report) by 5.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 10,893 shares of the health services provider’s stock after selling 640 shares during the quarter. Keeley Teton Advisors LLC’s holdings in Universal Health Services were worth $1,661,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. GAMMA Investing LLC acquired a new position in Universal Health Services in the 4th quarter valued at about $42,000. Tompkins Financial Corp acquired a new position in Universal Health Services in the 4th quarter valued at $96,000. Van ECK Associates Corp raised its holdings in Universal Health Services by 9.6% in the 3rd quarter. Van ECK Associates Corp now owns 1,004 shares of the health services provider’s stock valued at $126,000 after acquiring an additional 88 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of Universal Health Services during the third quarter worth $175,000. Finally, Parallel Advisors LLC grew its position in shares of Universal Health Services by 11.3% in the fourth quarter. Parallel Advisors LLC now owns 1,161 shares of the health services provider’s stock valued at $177,000 after purchasing an additional 118 shares during the period. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Universal Health Services Price Performance

Shares of NYSE UHS traded up $4.81 during mid-day trading on Wednesday, reaching $189.45. 629,933 shares of the company traded hands, compared to its average volume of 609,953. The firm has a market cap of $12.68 billion, a PE ratio of 16.05, a price-to-earnings-growth ratio of 0.92 and a beta of 1.29. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.38 and a quick ratio of 1.28. Universal Health Services, Inc. has a fifty-two week low of $119.90 and a fifty-two week high of $189.95. The stock has a fifty day simple moving average of $173.43 and a 200-day simple moving average of $163.27.

Universal Health Services (NYSE:UHSGet Free Report) last announced its quarterly earnings data on Wednesday, April 24th. The health services provider reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.14 by $0.56. The company had revenue of $3.84 billion for the quarter, compared to analysts’ expectations of $3.78 billion. Universal Health Services had a net margin of 5.57% and a return on equity of 13.34%. The business’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.34 EPS. Equities research analysts anticipate that Universal Health Services, Inc. will post 13.76 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Monday, June 3rd will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.42%. The ex-dividend date is Monday, June 3rd. Universal Health Services’s payout ratio is 6.78%.

Analyst Ratings Changes

A number of equities analysts have weighed in on UHS shares. Cantor Fitzgerald reaffirmed an “underweight” rating and set a $156.00 price target on shares of Universal Health Services in a research note on Wednesday, April 10th. Baird R W raised shares of Universal Health Services to a “hold” rating in a research note on Thursday, May 30th. Robert W. Baird assumed coverage on Universal Health Services in a research report on Thursday, May 30th. They set a “neutral” rating and a $198.00 price target on the stock. Mizuho lifted their price target on shares of Universal Health Services from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Finally, UBS Group upgraded Universal Health Services from a “neutral” rating to a “buy” rating and raised their price objective for the company from $189.00 to $226.00 in a research note on Monday, May 20th. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Universal Health Services presently has an average rating of “Hold” and an average price target of $190.43.

Get Our Latest Stock Analysis on UHS

Insider Activity at Universal Health Services

In related news, CFO Steve Filton sold 35,000 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $176.82, for a total transaction of $6,188,700.00. Following the transaction, the chief financial officer now directly owns 68,785 shares of the company’s stock, valued at $12,162,563.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 16.10% of the stock is owned by insiders.

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.

See Also

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

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