Perissos Private Wealth Management LLC Has $722,000 Stake in Universal Health Services, Inc. (NYSE:UHS)

Perissos Private Wealth Management LLC trimmed its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 7.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,025 shares of the health services provider’s stock after selling 326 shares during the quarter. Perissos Private Wealth Management LLC’s holdings in Universal Health Services were worth $722,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the company. Cerity Partners LLC lifted its holdings in Universal Health Services by 86.4% in the 3rd quarter. Cerity Partners LLC now owns 21,047 shares of the health services provider’s stock worth $4,820,000 after purchasing an additional 9,755 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Universal Health Services by 0.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider’s stock worth $274,248,000 after purchasing an additional 10,578 shares during the last quarter. Vestcor Inc lifted its holdings in Universal Health Services by 1,436.5% in the 3rd quarter. Vestcor Inc now owns 54,070 shares of the health services provider’s stock worth $12,383,000 after purchasing an additional 50,551 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Universal Health Services by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,661,530 shares of the health services provider’s stock worth $379,403,000 after purchasing an additional 63,754 shares during the last quarter. Finally, Eagle Asset Management Inc. acquired a new stake in Universal Health Services in the 3rd quarter worth approximately $13,496,000. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Universal Health Services Stock Performance

Shares of NYSE:UHS opened at $185.93 on Wednesday. The business’s fifty day moving average price is $185.93 and its two-hundred day moving average price is $207.89. Universal Health Services, Inc. has a fifty-two week low of $152.68 and a fifty-two week high of $243.25. The stock has a market capitalization of $12.27 billion, a price-to-earnings ratio of 12.36, a price-to-earnings-growth ratio of 0.54 and a beta of 1.30. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28.

Universal Health Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date was Tuesday, December 3rd. Universal Health Services’s dividend payout ratio (DPR) is 5.32%.

Analysts Set New Price Targets

UHS has been the subject of a number of research analyst reports. Bank of America initiated coverage on Universal Health Services in a report on Wednesday, November 6th. They set a “neutral” rating and a $223.00 price target for the company. TD Cowen cut their price target on Universal Health Services from $275.00 to $251.00 and set a “buy” rating for the company in a report on Tuesday, November 26th. StockNews.com lowered Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 9th. Wells Fargo & Company cut their price target on Universal Health Services from $285.00 to $230.00 and set an “overweight” rating for the company in a report on Monday, November 25th. Finally, The Goldman Sachs Group lowered Universal Health Services from a “buy” rating to a “neutral” rating and cut their price target for the stock from $228.00 to $198.00 in a report on Monday, December 16th. Six research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Universal Health Services has an average rating of “Moderate Buy” and an average price target of $226.14.

Insider Buying and Selling at Universal Health Services

In other news, Director Maria Ruderman Singer sold 1,614 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total transaction of $308,516.10. Following the sale, the director now owns 5,879 shares in the company, valued at approximately $1,123,770.85. This represents a 21.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 16.10% of the company’s stock.

About Universal Health Services

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.