UBS Group AG cut its position in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 54.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 158,294 shares of the health services provider’s stock after selling 188,617 shares during the period. UBS Group AG’s holdings in Universal Health Services were worth $34,511,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UHS. SBI Securities Co. Ltd. boosted its position in Universal Health Services by 320.0% in the third quarter. SBI Securities Co. Ltd. now owns 126 shares of the health services provider’s stock valued at $26,000 after buying an additional 96 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in Universal Health Services in the fourth quarter valued at about $26,000. Root Financial Partners LLC acquired a new position in Universal Health Services in the third quarter valued at about $28,000. Founders Capital Management acquired a new position in Universal Health Services in the fourth quarter valued at about $28,000. Finally, CYBER HORNET ETFs LLC acquired a new position in Universal Health Services in the second quarter valued at about $29,000. 86.05% of the stock is currently owned by institutional investors and hedge funds.
Universal Health Services Trading Down 0.4%
Shares of NYSE UHS opened at $169.85 on Friday. Universal Health Services, Inc. has a 1-year low of $152.33 and a 1-year high of $246.32. The company has a market cap of $10.38 billion, a PE ratio of 7.08, a P/E/G ratio of 0.81 and a beta of 1.13. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average of $185.21 and a two-hundred day moving average of $208.27.
Universal Health Services Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, March 2nd. Universal Health Services’s payout ratio is 3.33%.
Analyst Upgrades and Downgrades
A number of research firms have commented on UHS. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Universal Health Services from $261.00 to $230.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Robert W. Baird dropped their target price on shares of Universal Health Services from $241.00 to $204.00 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. Guggenheim dropped their target price on shares of Universal Health Services from $238.00 to $211.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Weiss Ratings downgraded shares of Universal Health Services from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 17th. Finally, Raymond James Financial downgraded shares of Universal Health Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 29th. Six equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $220.94.
Check Out Our Latest Stock Report on UHS
Universal Health Services Profile
Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.
In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.
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