Gateway Investment Advisers LLC Has $5.15 Million Position in Universal Health Services, Inc. (NYSE:UHS)

Gateway Investment Advisers LLC trimmed its holdings in Universal Health Services, Inc. (NYSE:UHS) by 39.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,725 shares of the health services provider’s stock after selling 18,560 shares during the period. Gateway Investment Advisers LLC’s holdings in Universal Health Services were worth $5,154,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Empirical Finance LLC raised its holdings in Universal Health Services by 1.1% during 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 stake in Universal Health Services by 3.0% in the 3rd quarter. US Bancorp DE now owns 2,238 shares of the health services provider’s stock valued at $512,000 after acquiring an additional 65 shares in the last quarter. Quarry LP boosted its position in Universal Health Services by 14.4% during the 3rd 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 last quarter. Mather Group LLC. grew its stake in shares of Universal Health Services by 31.6% during the 3rd quarter. Mather Group LLC. now owns 283 shares of the health services provider’s stock worth $65,000 after acquiring an additional 68 shares in the last quarter. Finally, Banco Santander S.A. raised its holdings in shares of Universal Health Services by 2.3% in the third 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 last quarter. Institutional investors own 86.05% of the company’s stock.

Insider Buying and Selling

In related news, Director Maria Ruderman Singer sold 1,614 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total transaction of $308,516.10. Following the transaction, the director now directly 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. 16.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

UHS has been the subject of several recent research reports. 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. Royal Bank of Canada reduced their price objective on shares of Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating for the company in a research note on Monday, October 28th. KeyCorp began coverage on Universal Health Services in a research report on Friday, October 11th. They issued a “sector weight” rating on the stock. TD Cowen reduced their price target on Universal Health Services from $275.00 to $251.00 and set a “buy” rating for the company in a research report on Tuesday, November 26th. Finally, Barclays boosted 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. Seven research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $226.14.

Universal Health Services Trading Up 0.4 %

Shares of Universal Health Services stock opened at $184.86 on Friday. 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 business has a fifty day simple moving average of $190.31 and a two-hundred day simple moving average of $207.24. Universal Health Services, Inc. has a 1 year low of $150.11 and a 1 year high of $243.25. The company has a market capitalization of $12.19 billion, a price-to-earnings ratio of 12.29, a P/E/G ratio of 0.53 and a beta of 1.30.

Universal Health Services (NYSE:UHS) last posted its earnings results on Thursday, October 24th. The health services provider reported $3.71 earnings per share (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 for the quarter, compared to analyst estimates of $3.90 billion. During the same quarter in the prior year, the business posted $2.55 EPS. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. Research analysts forecast that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.43%. Universal Health Services’s dividend payout ratio (DPR) is currently 5.32%.

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.