Vista Investment Partners LLC bought a new stake in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 12,382 shares of the health services provider’s stock, valued at approximately $2,700,000.
A number of other hedge funds also recently modified their holdings of the stock. Pzena Investment Management LLC boosted its holdings in shares of Universal Health Services by 310.2% in the 3rd quarter. Pzena Investment Management LLC now owns 1,607,029 shares of the health services provider’s stock valued at $328,541,000 after purchasing an additional 1,215,286 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Universal Health Services by 13.8% in the third quarter. Dimensional Fund Advisors LP now owns 1,494,464 shares of the health services provider’s stock worth $305,510,000 after purchasing an additional 181,801 shares during the last quarter. Invesco Ltd. increased its holdings in Universal Health Services by 11.1% in the second quarter. Invesco Ltd. now owns 1,461,198 shares of the health services provider’s stock valued at $264,696,000 after purchasing an additional 145,730 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in Universal Health Services by 3.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,125,764 shares of the health services provider’s stock valued at $230,151,000 after purchasing an additional 40,533 shares during the period. Finally, American Century Companies Inc. raised its position in Universal Health Services by 22.1% during the 3rd quarter. American Century Companies Inc. now owns 781,145 shares of the health services provider’s stock worth $159,698,000 after purchasing an additional 141,621 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.
Universal Health Services Trading Down 0.5%
UHS opened at $178.12 on Thursday. Universal Health Services, Inc. has a fifty-two week low of $152.33 and a fifty-two week high of $246.32. The firm has a market capitalization of $10.88 billion, a PE ratio of 7.69, a P/E/G ratio of 0.71 and a beta of 1.26. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.05 and a quick ratio of 0.98. The company’s 50-day moving average is $204.67 and its 200 day moving average is $211.93.
Universal Health Services Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were issued a dividend of $0.20 per share. The ex-dividend date was Monday, March 2nd. This represents a $0.80 annualized dividend and a yield of 0.4%. Universal Health Services’s dividend payout ratio is 3.46%.
Analyst Ratings Changes
UHS has been the topic of several recent research reports. Wall Street Zen lowered Universal Health Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 28th. TD Cowen lowered their price target on shares of Universal Health Services from $251.00 to $245.00 and set a “buy” rating for the company in a report on Wednesday, January 7th. Zacks Research cut shares of Universal Health Services from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Cantor Fitzgerald lowered their target price on shares of Universal Health Services from $250.00 to $229.00 and set a “neutral” rating for the company in a research note on Friday, February 27th. Finally, UBS Group restated a “buy” rating on shares of Universal Health Services in a report on Thursday, January 15th. Six research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Universal Health Services presently has a consensus rating of “Hold” and a consensus price target of $232.21.
About Universal Health Services
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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