2 weeks Ago By Defense World Staff
Envestnet Portfolio Solutions Inc. acquired a new position in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
The firm acquired 3,145 shares of the health services provider’s stock, valued at approximately $564,000. A number of other institutional investors also recently bought and sold shares of UHS. R Squared Ltd acquired a new position in shares of Universal Health Services in the 4th quarter valued at $29,000.
Quent Capital LLC lifted its position in Universal Health Services by 118.3% in the fourth quarter. Quent Capital LLC now owns 179 shares of the health services provider’s stock valued at $32,000 after buying an additional 97 shares during the last quarter.
True Wealth Design LLC purchased a new position in Universal Health Services during the third quarter worth about $39,000. Campbell Capital Management Inc. acquired a new stake in shares of Universal Health Services during the fourth quarter valued at about $46,000.
Finally, Sunbelt Securities Inc. acquired a new stake in shares of Universal Health Services during the third quarter valued at about $69,000. 86.
05% of the stock is owned by hedge funds and other institutional investors. Universal Health Services Stock Up 2.3 %Shares of Universal Health Services stock opened at $185.
72 on Wednesday. The company has a quick ratio of 1.28, a current ratio of 1.
39 and a debt-to-equity ratio of 0.69. Universal Health Services, Inc.
has a 52-week low of $152.69 and a 52-week high of $243.25.
The company has a market capitalization of $12.07 billion, a P/E ratio of 12.35, a P/E/G ratio of 0.
53 and a beta of 1.32. The company has a 50 day moving average of $181.
82 and a 200 day moving average of $197.84. Universal Health Services (NYSE:UHS – Get Free Report) last released its quarterly earnings data on Wednesday, February 26th.
The health services provider reported $4.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.21 by $0.
71. The business had revenue of $4.11 billion during the quarter, compared to analysts’ expectations of $4.
01 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.
75%. As a group, research analysts forecast that Universal Health Services, Inc. will post 15.
92 EPS for the current fiscal year. Universal Health Services Announces DividendThe firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a $0.
20 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.
80 dividend on an annualized basis and a dividend yield of 0.43%. Universal Health Services’s payout ratio is currently 4.
75%. Insider Transactions at Universal Health ServicesIn related news, Director Maria Ruderman Singer sold 1,000 shares of the stock in a transaction on Monday, March 10th. The shares were sold at an average price of $179.
16, for a total value of $179,160.00. Following the transaction, the director now directly owns 7,916 shares of the company’s stock, valued at $1,418,230.
56. This trade represents a 11.22 % decrease in their position.
The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 16.10% of the company’s stock.
Analyst Upgrades and DowngradesA number of equities analysts recently weighed in on UHS shares. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $226.
00 price objective on shares of Universal Health Services in a research report on Tuesday, December 17th. Cantor Fitzgerald upgraded Universal Health Services from a “neutral” rating to an “overweight” rating in a research note on Monday, February 3rd. The Goldman Sachs Group cut Universal Health Services from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $228.
00 to $198.00 in a research note on Monday, December 16th. Wells Fargo & Company decreased their target price on Universal Health Services from $230.
00 to $225.00 and set an “overweight” rating on the stock in a research note on Monday, March 10th. Finally, Stephens raised their target price on Universal Health Services from $210.
00 to $223.00 and gave the company an “equal weight” rating in a report on Friday, February 28th. Six analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company.
According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $230.75.Get Our Latest Stock Report on Universal Health ServicesUniversal Health Services Company 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.Further ReadingFive stocks we like better than Universal Health ServicesStock Ratings and Recommendations: Understanding Analyst RatingsInnovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of StartupsOptions Trading – Understanding Strike PriceNVIDIA Insiders Sell: This Is What It Means for the Market What is the FTSE 100 index? Space Stocks Bottoming: Which Are Positioned Best for a Bounce?.
