Los Angeles Capital Management LLC Purchases 43,304 Shares of Universal Health Services, Inc. $UHS

Los Angeles Capital Management LLC boosted its position in Universal Health Services, Inc. (NYSE:UHS) by 23.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 225,635 shares of the health services provider’s stock after buying an additional 43,304 shares during the quarter. Los Angeles Capital Management LLC owned approximately 0.35% of Universal Health Services worth $40,874,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Invesco Ltd. lifted its stake in shares of Universal Health Services by 6.0% during the 1st quarter. Invesco Ltd. now owns 1,315,468 shares of the health services provider’s stock worth $247,176,000 after buying an additional 74,128 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Universal Health Services by 9.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,241,738 shares of the health services provider’s stock valued at $233,311,000 after buying an additional 102,137 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Universal Health Services by 57.8% in the 1st quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider’s stock valued at $173,381,000 after purchasing an additional 340,966 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Universal Health Services by 1.7% in the first quarter. American Century Companies Inc. now owns 634,592 shares of the health services provider’s stock worth $119,240,000 after acquiring an additional 10,449 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Universal Health Services during the second quarter worth $87,373,000. 86.05% of the stock is owned by institutional investors.

Universal Health Services Stock Up 1.2%

Shares of Universal Health Services stock opened at $229.07 on Friday. The stock has a market capitalization of $14.58 billion, a price-to-earnings ratio of 10.88, a P/E/G ratio of 0.80 and a beta of 1.33. The company’s 50 day moving average price is $202.22 and its 200-day moving average price is $186.73. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.19 and a current ratio of 1.03. Universal Health Services, Inc. has a 52-week low of $152.33 and a 52-week high of $229.76.

Universal Health Services (NYSE:UHS) last posted its earnings results on Tuesday, October 28th. The health services provider reported $5.69 earnings per share for the quarter, topping analysts’ consensus estimates of $4.66 by $1.03. The firm had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.32 billion. Universal Health Services had a return on equity of 19.47% and a net margin of 8.09%.The business’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.71 EPS. Equities research analysts forecast that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Insider Buying and Selling

In related news, Director Elliot J. Md Mba Sussman sold 965 shares of the company’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $225.70, for a total transaction of $217,800.50. Following the completion of the sale, the director owned 6,113 shares in the company, valued at approximately $1,379,704.10. This represents a 13.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 16.40% of the company’s stock.

Analyst Upgrades and Downgrades

UHS has been the subject of several recent research reports. Morgan Stanley set a $233.00 price target on Universal Health Services in a research note on Wednesday, October 29th. Barclays raised their target price on Universal Health Services from $250.00 to $263.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. Robert W. Baird reduced their target price on Universal Health Services from $243.00 to $203.00 and set a “neutral” rating for the company in a report on Thursday, August 14th. Zacks Research raised shares of Universal Health Services from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. Finally, Wall Street Zen upgraded Universal Health Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Universal Health Services currently has a consensus rating of “Hold” and a consensus target price of $233.20.

Universal Health Services Company Profile

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.