GAM Holding AG trimmed its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 4.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,608 shares of the health services provider’s stock after selling 594 shares during the period. GAM Holding AG’s holdings in Universal Health Services were worth $1,740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Allianz Asset Management GmbH lifted its holdings in shares of Universal Health Services by 12.3% in the 3rd quarter. Allianz Asset Management GmbH now owns 292,874 shares of the health services provider’s stock valued at $37,441,000 after purchasing an additional 32,080 shares during the last quarter. Raymond James Trust N.A. purchased a new stake in shares of Universal Health Services in the 3rd quarter valued at about $200,000. Ancora Advisors LLC purchased a new stake in shares of Universal Health Services in the 3rd quarter valued at about $141,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Universal Health Services by 12.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,743 shares of the health services provider’s stock valued at $1,501,000 after purchasing an additional 1,255 shares during the last quarter. Finally, Eaton Vance Management lifted its holdings in shares of Universal Health Services by 271.6% in the 3rd quarter. Eaton Vance Management now owns 16,720 shares of the health services provider’s stock valued at $2,137,000 after purchasing an additional 12,220 shares during the last quarter. 89.50% of the stock is owned by institutional investors.

Several research firms have recently weighed in on UHS. Leerink Swann reduced their target price on Universal Health Services from $140.00 to $135.00 and set an “outperform” rating for the company in a report on Monday, October 29th. Barclays began coverage on Universal Health Services in a research report on Tuesday, August 14th. They issued an “equal weight” rating and a $135.00 price target on the stock. Citigroup dropped their price target on Universal Health Services from $145.00 to $140.00 and set a “buy” rating on the stock in a research report on Monday, October 29th. Morgan Stanley boosted their price target on Universal Health Services from $122.00 to $134.00 and gave the company an “equal weight” rating in a research report on Wednesday, September 5th. Finally, UBS Group initiated coverage on Universal Health Services in a research report on Thursday, November 15th. They set a “buy” rating and a $156.00 target price on the stock. Eight research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $137.47.

UHS opened at $134.59 on Thursday. The company has a market capitalization of $12.77 billion, a P/E ratio of 17.87, a PEG ratio of 1.37 and a beta of 0.83. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.01 and a current ratio of 1.09. Universal Health Services, Inc. has a 1-year low of $104.04 and a 1-year high of $139.63.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Thursday, October 25th. The health services provider reported $2.23 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.22. The business had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.68 billion. Universal Health Services had a return on equity of 16.33% and a net margin of 7.89%. As a group, equities research analysts forecast that Universal Health Services, Inc. will post 9.47 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 17th. Investors of record on Monday, December 3rd will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date is Friday, November 30th. Universal Health Services’s dividend payout ratio is currently 5.31%.

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Universal Health Services Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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