11,649 Shares in Universal Health Services, Inc. (NYSE:UHS) Purchased by Passumpsic Savings Bank

Passumpsic Savings Bank bought a new position in shares of Universal Health Services, Inc. (NYSE:UHS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 11,649 shares of the health services provider’s stock, valued at approximately $2,090,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Hussman Strategic Advisors Inc. grew its holdings in Universal Health Services by 300.0% during the fourth quarter. Hussman Strategic Advisors Inc. now owns 16,800 shares of the health services provider’s stock worth $3,014,000 after acquiring an additional 12,600 shares during the period. Concurrent Investment Advisors LLC purchased a new position in Universal Health Services during the fourth quarter worth approximately $255,000. Handelsbanken Fonder AB boosted its position in Universal Health Services by 20.5% during the fourth quarter. Handelsbanken Fonder AB now owns 13,500 shares of the health services provider’s stock worth $2,422,000 after purchasing an additional 2,300 shares in the last quarter. Ieq Capital LLC boosted its position in Universal Health Services by 420.4% during the fourth quarter. Ieq Capital LLC now owns 14,228 shares of the health services provider’s stock worth $2,553,000 after purchasing an additional 11,494 shares in the last quarter. Finally, Abacus Planning Group Inc. boosted its position in Universal Health Services by 175.6% during the fourth quarter. Abacus Planning Group Inc. now owns 2,792 shares of the health services provider’s stock worth $501,000 after purchasing an additional 1,779 shares in the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Universal Health Services

In related news, Director Maria Ruderman Singer sold 1,614 shares of the 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 of the company’s stock, valued at approximately $1,123,770.85. This trade represents a 21.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 16.10% of the company’s stock.

Universal Health Services Stock Performance

NYSE UHS opened at $179.93 on Friday. Universal Health Services, Inc. has a 1-year low of $152.68 and a 1-year high of $243.25. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. The company has a market cap of $11.87 billion, a PE ratio of 11.96, a price-to-earnings-growth ratio of 0.53 and a beta of 1.30. The stock’s 50 day simple moving average is $184.27 and its 200-day simple moving average is $206.17.

Universal Health Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a $0.20 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.44%. Universal Health Services’s dividend payout ratio is presently 5.32%.

Analysts Set New Price Targets

UHS has been the topic of a number of recent analyst reports. StockNews.com downgraded Universal Health Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 9th. TD Cowen lowered their price target on Universal Health Services from $275.00 to $251.00 and set a “buy” rating on the stock in a research report on Tuesday, November 26th. Cantor Fitzgerald upgraded Universal Health Services from a “neutral” rating to an “overweight” rating in a research report on Monday, February 3rd. Barclays increased their price target on Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Finally, Bank of America assumed coverage on Universal Health Services in a research report on Wednesday, November 6th. They set a “neutral” rating and a $223.00 price target on the stock. Six investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Universal Health Services 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.