KBC Group NV Sells 1,991 Shares of Universal Health Services, Inc. (NYSE:UHS)

KBC Group NV trimmed its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 3.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,255 shares of the health services provider’s stock after selling 1,991 shares during the period. KBC Group NV owned about 0.09% of Universal Health Services worth $10,093,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UHS. Empirical Finance LLC boosted its holdings in Universal Health Services by 1.1% in the 3rd quarter. Empirical Finance LLC now owns 5,704 shares of the health services provider’s stock worth $1,306,000 after buying an additional 64 shares during the period. US Bancorp DE lifted its position in shares of Universal Health Services by 3.0% during the third quarter. US Bancorp DE now owns 2,238 shares of the health services provider’s stock worth $512,000 after acquiring an additional 65 shares in the last quarter. Quarry LP boosted its holdings in shares of Universal Health Services by 14.4% in the third quarter. Quarry LP now owns 516 shares of the health services provider’s stock worth $118,000 after acquiring an additional 65 shares during the period. Mather Group LLC. grew its position in shares of Universal Health Services by 31.6% in the third quarter. Mather Group LLC. now owns 283 shares of the health services provider’s stock valued at $65,000 after purchasing an additional 68 shares in the last quarter. Finally, Banco Santander S.A. raised its stake in shares of Universal Health Services by 2.3% during the 3rd quarter. Banco Santander S.A. now owns 3,032 shares of the health services provider’s stock valued at $694,000 after purchasing an additional 68 shares during the period. 86.05% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,614 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total value of $308,516.10. Following the completion of the sale, the director now owns 5,879 shares in the company, valued at approximately $1,123,770.85. The trade was a 21.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 16.10% of the company’s stock.

Universal Health Services Trading Down 0.8 %

Shares of UHS opened at $187.16 on Thursday. Universal Health Services, Inc. has a fifty-two week low of $152.68 and a fifty-two week high of $243.25. The firm has a market cap of $12.35 billion, a price-to-earnings ratio of 12.44, a PEG ratio of 0.54 and a beta of 1.30. The firm has a 50 day moving average price of $188.14 and a 200-day moving average price of $207.68. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39.

Universal Health Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend was Tuesday, December 3rd. Universal Health Services’s dividend payout ratio is presently 5.32%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. StockNews.com lowered Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 9th. TD Cowen decreased their target price on shares of Universal Health Services from $275.00 to $251.00 and set a “buy” rating on the stock in a report on Tuesday, November 26th. Wells Fargo & Company lowered their target price on shares of Universal Health Services from $285.00 to $230.00 and set an “overweight” rating on the stock in a research note on Monday, November 25th. Cantor Fitzgerald restated a “neutral” rating and set a $219.00 price target on shares of Universal Health Services in a research report on Friday, October 25th. Finally, Royal Bank of Canada lowered their price objective on Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating on the stock in a research report on Monday, October 28th. Seven research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $226.14.

About Universal Health Services

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.