Todd Asset Management LLC Has $24.33 Million Stake in Universal Health Services, Inc. (NYSE:UHS)

Todd Asset Management LLC raised its stake in Universal Health Services, Inc. (NYSE:UHS) by 17.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 159,605 shares of the health services provider’s stock after acquiring an additional 24,279 shares during the period. Todd Asset Management LLC owned about 0.23% of Universal Health Services worth $24,330,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in Universal Health Services by 3.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,090,010 shares of the health services provider’s stock worth $137,047,000 after buying an additional 37,243 shares in the last quarter. UBS Group AG lifted its position in Universal Health Services by 51.2% during the 3rd quarter. UBS Group AG now owns 62,949 shares of the health services provider’s stock valued at $7,915,000 after purchasing an additional 21,325 shares during the period. Lazard Asset Management LLC boosted its stake in shares of Universal Health Services by 4,622.3% in the 3rd quarter. Lazard Asset Management LLC now owns 16,906 shares of the health services provider’s stock valued at $2,125,000 after purchasing an additional 16,548 shares during the last quarter. Assenagon Asset Management S.A. grew its position in shares of Universal Health Services by 16.7% during the 4th quarter. Assenagon Asset Management S.A. now owns 53,239 shares of the health services provider’s stock worth $8,116,000 after buying an additional 7,616 shares during the period. Finally, Aigen Investment Management LP acquired a new position in Universal Health Services in the third quarter valued at approximately $466,000. 86.05% of the stock is owned by institutional investors.

Universal Health Services Stock Down 1.3 %

NYSE UHS traded down $2.19 on Friday, reaching $167.70. The company had a trading volume of 597,904 shares, compared to its average volume of 757,962. The company’s fifty day moving average is $171.24 and its 200-day moving average is $155.03. The firm has a market capitalization of $11.27 billion, a price-to-earnings ratio of 14.21, a price-to-earnings-growth ratio of 0.84 and a beta of 1.26. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.28 and a current ratio of 1.38. Universal Health Services, Inc. has a 1-year low of $119.90 and a 1-year high of $183.61.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Wednesday, April 24th. The health services provider reported $3.70 earnings per share for the quarter, topping the consensus estimate of $3.14 by $0.56. Universal Health Services had a return on equity of 13.34% and a net margin of 5.57%. The company had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3.78 billion. During the same period in the prior year, the firm earned $2.34 earnings per share. Universal Health Services’s revenue for the quarter was up 10.8% compared to the same quarter last year. On average, research analysts forecast that Universal Health Services, Inc. will post 13.51 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on UHS shares. JPMorgan Chase & Co. lifted their target price on shares of Universal Health Services from $144.00 to $182.00 and gave the stock a “neutral” rating in a report on Wednesday, March 13th. Cantor Fitzgerald reiterated an “underweight” rating and issued a $156.00 price objective on shares of Universal Health Services in a report on Wednesday, April 10th. TD Cowen raised their target price on Universal Health Services from $181.00 to $183.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Barclays boosted their target price on Universal Health Services from $181.00 to $189.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. Finally, UBS Group increased their price target on shares of Universal Health Services from $152.00 to $177.00 and gave the company a “neutral” rating in a research report on Thursday, February 29th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Universal Health Services has a consensus rating of “Moderate Buy” and an average price target of $182.79.

Insiders Place Their Bets

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

Universal Health Services 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.