Resonant Capital Advisors LLC Sells 184 Shares of Universal Health Services, Inc. (NYSE:UHS)

Resonant Capital Advisors LLC cut its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 5.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,205 shares of the health services provider’s stock after selling 184 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Universal Health Services were worth $489,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Bessemer Group Inc. increased its holdings in shares of Universal Health Services by 76.4% in the fourth quarter. Bessemer Group Inc. now owns 187 shares of the health services provider’s stock worth $26,000 after purchasing an additional 81 shares during the last quarter. Belpointe Asset Management LLC increased its holdings in shares of Universal Health Services by 45.4% in the first quarter. Belpointe Asset Management LLC now owns 253 shares of the health services provider’s stock worth $32,000 after purchasing an additional 79 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Universal Health Services by 42.8% in the third quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider’s stock worth $34,000 after purchasing an additional 80 shares during the last quarter. PCA Investment Advisory Services Inc. bought a new stake in shares of Universal Health Services in the second quarter worth about $46,000. Finally, Ancora Advisors LLC increased its holdings in shares of Universal Health Services by 33.3% in the first quarter. Ancora Advisors LLC now owns 400 shares of the health services provider’s stock worth $53,000 after purchasing an additional 100 shares during the last quarter. 86.05% of the stock is owned by institutional investors.

Analyst Ratings Changes

UHS has been the topic of several research reports. Wells Fargo & Company lifted their target price on Universal Health Services from $195.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. UBS Group boosted their price objective on Universal Health Services from $152.00 to $177.00 and gave the stock a “neutral” rating in a research note on Thursday, February 29th. Mizuho boosted their price objective on Universal Health Services from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Deutsche Bank Aktiengesellschaft reduced their price objective on Universal Health Services from $208.00 to $203.00 and set a “buy” rating on the stock in a research note on Friday, April 12th. Finally, Barclays assumed coverage on Universal Health Services in a research note on Wednesday, March 6th. They set an “equal weight” rating and a $181.00 price objective on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $179.71.

Insider Activity at Universal Health Services

In related news, CFO Steve Filton sold 35,000 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $176.82, for a total value of $6,188,700.00. Following the completion of the sale, the chief financial officer now owns 68,785 shares in the company, valued at $12,162,563.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 16.10% of the stock is owned by company insiders.

Universal Health Services Stock Up 2.4 %

Shares of NYSE:UHS opened at $157.39 on Friday. Universal Health Services, Inc. has a 1 year low of $119.90 and a 1 year high of $183.61. The business has a 50 day simple moving average of $170.40 and a two-hundred day simple moving average of $152.01. The firm has a market capitalization of $10.58 billion, a PE ratio of 15.34, a price-to-earnings-growth ratio of 0.77 and a beta of 1.24. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.40 and a quick ratio of 1.29.

Universal Health Services (NYSE:UHS) last announced its earnings results on Tuesday, February 27th. The health services provider reported $3.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.11. The business had revenue of $3.70 billion during the quarter, compared to analyst estimates of $3.66 billion. Universal Health Services had a return on equity of 12.08% and a net margin of 5.03%. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.02 earnings per share. On average, equities analysts predict that Universal Health Services, Inc. will post 13.34 EPS for the current year.

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.