Intact Investment Management Inc. trimmed its position in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) by 90.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,100 shares of the health services provider’s stock after selling 10,350 shares during the period. Intact Investment Management Inc.’s holdings in Universal Health Services were worth $240,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in the stock. Stephens Inc. AR increased its holdings in Universal Health Services by 4.2% in the 3rd quarter. Stephens Inc. AR now owns 1,250 shares of the health services provider’s stock valued at $256,000 after purchasing an additional 50 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Universal Health Services by 3.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,794 shares of the health services provider’s stock valued at $367,000 after purchasing an additional 58 shares in the last quarter. Avanza Fonder AB increased its holdings in Universal Health Services by 6.1% in the 4th quarter. Avanza Fonder AB now owns 1,027 shares of the health services provider’s stock valued at $224,000 after purchasing an additional 59 shares in the last quarter. Resonant Capital Advisors LLC increased its holdings in Universal Health Services by 1.6% in the 4th quarter. Resonant Capital Advisors LLC now owns 3,859 shares of the health services provider’s stock valued at $841,000 after purchasing an additional 60 shares in the last quarter. Finally, Bessemer Group Inc. increased its holdings in Universal Health Services by 3.1% in the 3rd quarter. Bessemer Group Inc. now owns 2,217 shares of the health services provider’s stock valued at $453,000 after purchasing an additional 66 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.
Universal Health Services Stock Down 0.3%
Shares of Universal Health Services stock opened at $165.50 on Wednesday. The business has a 50-day moving average of $187.69 and a 200-day moving average of $208.76. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 1.01. The company has a market capitalization of $10.11 billion, a PE ratio of 6.90, a P/E/G ratio of 0.79 and a beta of 1.13. Universal Health Services, Inc. has a 1-year low of $152.33 and a 1-year high of $246.32.
Universal Health Services Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.20 per share. The ex-dividend date was Monday, March 2nd. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. Universal Health Services’s dividend payout ratio (DPR) is currently 3.33%.
Analyst Ratings Changes
Several analysts recently issued reports on UHS shares. Mizuho lowered their price target on Universal Health Services from $267.00 to $230.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Barclays lowered their price target on Universal Health Services from $268.00 to $238.00 and set an “overweight” rating for the company in a report on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft lowered their price target on Universal Health Services from $261.00 to $230.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Royal Bank Of Canada lowered their price target on Universal Health Services from $216.00 to $190.00 and set a “sector perform” rating for the company in a report on Wednesday, April 29th. Finally, Cantor Fitzgerald lowered their price target on Universal Health Services from $229.00 to $194.00 and set a “neutral” rating for the company in a report on Wednesday, April 29th. Six research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $220.94.
Read Our Latest Analysis on UHS
Universal Health Services Company 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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