UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $79.46 Million Stock Holdings in Universal Health Services, Inc. (NYSE:UHS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 13.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 346,969 shares of the health services provider’s stock after purchasing an additional 41,218 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Universal Health Services were worth $79,459,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. increased its holdings in Universal Health Services by 1.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 603,705 shares of the health services provider’s stock worth $138,254,000 after buying an additional 11,353 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Universal Health Services by 0.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 486,438 shares of the health services provider’s stock worth $89,957,000 after purchasing an additional 2,620 shares during the last quarter. Point72 Asset Management L.P. raised its holdings in shares of Universal Health Services by 362.3% in the 2nd quarter. Point72 Asset Management L.P. now owns 322,626 shares of the health services provider’s stock valued at $59,663,000 after purchasing an additional 252,846 shares during the period. Marshall Wace LLP lifted its stake in Universal Health Services by 357.9% in the 2nd quarter. Marshall Wace LLP now owns 261,221 shares of the health services provider’s stock valued at $48,308,000 after purchasing an additional 204,178 shares during the last quarter. Finally, Los Angeles Capital Management LLC grew its holdings in Universal Health Services by 102.0% during the third quarter. Los Angeles Capital Management LLC now owns 210,926 shares of the health services provider’s stock worth $48,304,000 after purchasing an additional 106,517 shares during the period. Institutional investors own 86.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on UHS shares. KeyCorp assumed coverage on Universal Health Services in a research report on Friday, October 11th. They issued a “sector weight” rating for the company. StockNews.com cut shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 9th. Cantor Fitzgerald restated a “neutral” rating and set a $219.00 target price on shares of Universal Health Services in a research note on Friday, October 25th. UBS Group upped their price target on shares of Universal Health Services from $247.00 to $267.00 and gave the company a “buy” rating in a research note on Wednesday, August 14th. Finally, Barclays raised their price objective on shares of Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Six research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Universal Health Services has an average rating of “Moderate Buy” and an average price target of $225.50.

Universal Health Services Price Performance

Universal Health Services stock opened at $200.95 on Tuesday. The stock’s fifty day moving average price is $214.82 and its two-hundred day moving average price is $207.47. The firm has a market cap of $13.26 billion, a PE ratio of 13.36, a price-to-earnings-growth ratio of 0.65 and a beta of 1.29. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. Universal Health Services, Inc. has a one year low of $133.70 and a one year high of $243.25.

Universal Health Services (NYSE:UHS) last issued its quarterly earnings results on Thursday, October 24th. The health services provider reported $3.71 EPS for the quarter, missing analysts’ consensus estimates of $3.75 by ($0.04). Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The company had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.90 billion. During the same quarter in the previous year, the business posted $2.55 EPS. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. As a group, research analysts expect that Universal Health Services, Inc. will post 15.93 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd will be given a dividend of $0.20 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.40%. Universal Health Services’s dividend payout ratio is 5.32%.

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.