Universal Health Services, Inc. (NYSE:UHS) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its stake in Universal Health Services, Inc. (NYSE:UHS) by 6.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,124,654 shares of the health services provider’s stock after selling 72,883 shares during the period. JPMorgan Chase & Co.’s holdings in Universal Health Services were worth $201,786,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Townsquare Capital LLC acquired a new position in shares of Universal Health Services in the 3rd quarter valued at $427,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Universal Health Services by 28.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,017 shares of the health services provider’s stock valued at $3,210,000 after acquiring an additional 3,108 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Universal Health Services by 13.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 346,969 shares of the health services provider’s stock valued at $79,459,000 after acquiring an additional 41,218 shares during the last quarter. Public Sector Pension Investment Board increased its stake in Universal Health Services by 13.2% during the third quarter. Public Sector Pension Investment Board now owns 2,572 shares of the health services provider’s stock worth $589,000 after acquiring an additional 300 shares during the last quarter. Finally, Captrust Financial Advisors increased its stake in Universal Health Services by 73.0% during the third quarter. Captrust Financial Advisors now owns 2,226 shares of the health services provider’s stock worth $510,000 after acquiring an additional 939 shares during the last quarter. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Maria Ruderman Singer sold 1,000 shares of Universal Health Services stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $179.16, for a total value of $179,160.00. Following the completion of the transaction, the director now owns 7,916 shares in the company, valued at approximately $1,418,230.56. This trade represents a 11.22 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 16.10% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on UHS shares. The Goldman Sachs Group cut Universal Health Services from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $228.00 to $198.00 in a report on Monday, December 16th. Stephens boosted their price objective on shares of Universal Health Services from $210.00 to $223.00 and gave the stock an “equal weight” rating in a research note on Friday, February 28th. Cantor Fitzgerald raised shares of Universal Health Services from a “neutral” rating to an “overweight” rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. restated a “neutral” rating and set a $226.00 target price on shares of Universal Health Services in a report on Tuesday, December 17th. Finally, Morgan Stanley initiated coverage on Universal Health Services in a report on Wednesday, March 26th. They issued an “equal weight” rating and a $200.00 price target for the company. Seven investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $228.38.

Universal Health Services Stock Up 1.1 %

Shares of NYSE UHS opened at $188.27 on Tuesday. 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, Inc. has a 1 year low of $152.69 and a 1 year high of $243.25. The stock’s 50-day simple moving average is $181.98 and its 200-day simple moving average is $196.66. The firm has a market cap of $12.24 billion, a price-to-earnings ratio of 12.52, a PEG ratio of 0.53 and a beta of 1.32.

Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Wednesday, February 26th. The health services provider reported $4.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.21 by $0.71. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The company had revenue of $4.11 billion for the quarter, compared to the consensus estimate of $4.01 billion. As a group, equities analysts anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.20 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.42%. Universal Health Services’s dividend payout ratio (DPR) is 4.75%.

Universal Health Services 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.