Macquarie Group Ltd. grew its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 103.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,351 shares of the health services provider’s stock after acquiring an additional 1,700 shares during the period. Macquarie Group Ltd.’s holdings in Universal Health Services were worth $371,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of UHS. Janus Henderson Group PLC lifted its position in shares of Universal Health Services by 18,950.9% during the 2nd quarter. Janus Henderson Group PLC now owns 2,260,197 shares of the health services provider’s stock valued at $275,926,000 after acquiring an additional 2,248,333 shares during the period. Wells Fargo & Company MN lifted its position in shares of Universal Health Services by 160.5% during the 2nd quarter. Wells Fargo & Company MN now owns 1,445,313 shares of the health services provider’s stock valued at $176,443,000 after acquiring an additional 890,490 shares during the period. Renaissance Technologies LLC acquired a new stake in shares of Universal Health Services during the 2nd quarter valued at approximately $63,140,000. Maverick Capital Ltd. lifted its position in shares of Universal Health Services by 9.6% during the 2nd quarter. Maverick Capital Ltd. now owns 5,426,487 shares of the health services provider’s stock valued at $662,466,000 after acquiring an additional 473,763 shares during the period. Finally, Glenview Capital Management LLC lifted its position in shares of Universal Health Services by 15.1% during the 2nd quarter. Glenview Capital Management LLC now owns 1,973,545 shares of the health services provider’s stock valued at $240,930,000 after acquiring an additional 259,081 shares during the period. Institutional investors own 86.13% of the company’s stock.

A number of equities research analysts have recently issued reports on the stock. Piper Jaffray Companies reiterated a “buy” rating and set a $117.00 price target on shares of Universal Health Services in a research report on Friday, October 27th. Credit Suisse Group assumed coverage on shares of Universal Health Services in a research report on Thursday, November 2nd. They set an “outperform” rating and a $126.00 price target for the company. Zacks Investment Research downgraded shares of Universal Health Services from a “hold” rating to a “sell” rating in a research report on Tuesday, September 26th. BMO Capital Markets initiated coverage on Universal Health Services in a research report on Monday, October 16th. They set an “outperform” rating and a $125.00 price objective for the company. Finally, Robert W. Baird restated a “buy” rating and set a $122.00 price objective on shares of Universal Health Services in a research report on Friday, October 27th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have issued a buy rating to the company. Universal Health Services currently has an average rating of “Buy” and a consensus target price of $126.31.

Shares of Universal Health Services, Inc. (UHS) traded up $0.51 during trading on Friday, hitting $113.44. The company had a trading volume of 1,340,000 shares, compared to its average volume of 974,451. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.26 and a quick ratio of 1.16. Universal Health Services, Inc. has a 1 year low of $95.26 and a 1 year high of $129.74. The firm has a market cap of $10,766.48, a P/E ratio of 15.17, a P/E/G ratio of 2.58 and a beta of 0.97.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Wednesday, October 25th. The health services provider reported $1.49 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.76 by ($0.27). The company had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.60 billion. Universal Health Services had a return on equity of 15.13% and a net margin of 6.90%. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.60 earnings per share. equities research analysts expect that Universal Health Services, Inc. will post 7.37 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were paid a $0.10 dividend. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $0.40 annualized dividend and a yield of 0.35%. Universal Health Services’s payout ratio is currently 5.49%.

Universal Health Services announced that its board has approved a stock buyback program on Wednesday, November 15th that permits the company to repurchase $400.00 million in shares. This repurchase authorization permits the health services provider to repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

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Universal Health Services Profile

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

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

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