Denali Advisors LLC Purchases Shares of 205 Universal Health Services, Inc. (NYSE:UHS)

Denali Advisors LLC purchased a new stake in shares of Universal Health Services, Inc. (NYSE:UHS) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 205 shares of the health services provider’s stock, valued at approximately $37,000.

A number of other hedge funds have also bought and sold shares of the stock. Todd Asset Management LLC boosted its holdings in shares of Universal Health Services by 17.9% in the 4th quarter. Todd Asset Management LLC now owns 159,605 shares of the health services provider’s stock valued at $24,330,000 after acquiring an additional 24,279 shares during the last quarter. 8 Knots Management LLC purchased a new stake in shares of Universal Health Services in the 4th quarter valued at $40,010,000. Russell Investments Group Ltd. boosted its holdings in shares of Universal Health Services by 14.2% in the 4th quarter. Russell Investments Group Ltd. now owns 74,240 shares of the health services provider’s stock valued at $11,317,000 after acquiring an additional 9,221 shares during the last quarter. Point72 Asset Management L.P. boosted its holdings in shares of Universal Health Services by 12,924.9% in the 4th quarter. Point72 Asset Management L.P. now owns 503,935 shares of the health services provider’s stock valued at $76,820,000 after acquiring an additional 500,066 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Universal Health Services by 3.5% during the third quarter. JPMorgan Chase & Co. now owns 1,090,010 shares of the health services provider’s stock worth $137,047,000 after buying an additional 37,243 shares in the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Trading Up 0.4 %

Universal Health Services stock traded up $0.67 during midday trading on Wednesday, hitting $185.39. 239,216 shares of the stock were exchanged, compared to its average volume of 607,305. Universal Health Services, Inc. has a fifty-two week low of $119.90 and a fifty-two week high of $194.02. The stock has a market capitalization of $12.41 billion, a price-to-earnings ratio of 15.65, a PEG ratio of 0.91 and a beta of 1.28. The stock’s 50-day simple moving average is $180.83 and its 200 day simple moving average is $169.93. The company has a current ratio of 1.38, a quick ratio of 1.28 and a debt-to-equity ratio of 0.75.

Universal Health Services (NYSE:UHS) last announced its earnings results on Wednesday, April 24th. The health services provider reported $3.70 earnings per share for the quarter, topping the consensus estimate of $3.14 by $0.56. The company had revenue of $3.84 billion during the quarter, compared to analyst estimates of $3.78 billion. Universal Health Services had a net margin of 5.57% and a return on equity of 13.34%. Universal Health Services’s revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.34 earnings per share. On average, equities analysts anticipate that Universal Health Services, Inc. will post 13.76 EPS for the current year.

Universal Health Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Monday, June 3rd were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.43%. The ex-dividend date of this dividend was Monday, June 3rd. Universal Health Services’s payout ratio is 6.78%.

Analysts Set New Price Targets

A number of analysts recently issued reports on UHS shares. TD Cowen increased their price target on shares of Universal Health Services from $181.00 to $183.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Barclays increased their price target on shares of Universal Health Services from $181.00 to $189.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. Robert W. Baird raised shares of Universal Health Services from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $198.00 to $236.00 in a report on Wednesday, June 26th. JPMorgan Chase & Co. increased their price target on shares of Universal Health Services from $182.00 to $186.00 and gave the stock a “neutral” rating in a report on Thursday, May 30th. Finally, Royal Bank of Canada increased their price objective on shares of Universal Health Services from $183.00 to $189.00 and gave the company a “sector perform” rating in a report on Tuesday, May 7th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $193.57.

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.