Alpha Paradigm Partners LLC Makes New Investment in Universal Health Services, Inc. (NYSE:UHS)

Posted by on Mar 15th, 2023

Alpha Paradigm Partners LLC bought a new position in Universal Health Services, Inc. (NYSE:UHS – Get Rating) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 5,078 shares of the health services provider’s stock, valued at approximately $448,000.

A number of other institutional investors and hedge funds have also bought and sold shares of UHS. Wipfli Financial Advisors LLC bought a new stake in shares of Universal Health Services during the 3rd quarter valued at about $40,000. Dupont Capital Management Corp boosted its holdings in Universal Health Services by 41.3% in the third quarter. Dupont Capital Management Corp now owns 472 shares of the health services provider’s stock worth $42,000 after acquiring an additional 138 shares in the last quarter. Ancora Advisors LLC boosted its holdings in 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 acquiring an additional 100 shares in the last quarter. Wahed Invest LLC bought a new position in Universal Health Services in the second quarter worth approximately $70,000. Finally, Van ECK Associates Corp boosted its holdings in Universal Health Services by 11.7% in the third quarter. Van ECK Associates Corp now owns 857 shares of the health services provider’s stock worth $76,000 after acquiring an additional 90 shares in the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

Universal Health Services Trading Up 0.0 %

NYSE UHS opened at $116.59 on Wednesday. The company has a market capitalization of $8.24 billion, a price-to-earnings ratio of 12.74, a PEG ratio of 3.62 and a beta of 1.25. The stock’s 50-day simple moving average is $142.82 and its two-hundred day simple moving average is $123.29. The company has a quick ratio of 1.21, a current ratio of 1.33 and a debt-to-equity ratio of 0.79. Universal Health Services, Inc. has a twelve month low of $82.50 and a twelve month high of $158.28.

Universal Health Services (NYSE:UHS – Get Rating) last released its quarterly earnings data on Monday, February 27th. The health services provider reported $3.02 EPS for the quarter, topping the consensus estimate of $2.96 by $0.06. Universal Health Services had a return on equity of 12.31% and a net margin of 5.04%. The firm had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.40 billion. During the same quarter in the previous year, the business earned $2.95 earnings per share. The company’s quarterly revenue was up 5.2% on a year-over-year basis. Research analysts forecast that Universal Health Services, Inc. will post 10.03 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 15th. Investors of record on Wednesday, March 1st will be issued a dividend of $0.20 per share. The ex-dividend date is Tuesday, February 28th. This represents a $0.80 dividend on an annualized basis and a yield of 0.69%. Universal Health Services’s dividend payout ratio is presently 8.74%.

Analyst Upgrades and Downgrades

UHS has been the topic of several recent research reports. Stephens cut their price target on Universal Health Services from $155.00 to $140.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 1st. Wolfe Research downgraded Universal Health Services from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, March 1st. Royal Bank of Canada increased their price target on Universal Health Services from $114.00 to $130.00 and gave the company a “sector perform” rating in a research report on Wednesday, March 1st. Wells Fargo & Company decreased their price target on Universal Health Services from $154.00 to $138.00 and set an “equal weight” rating for the company in a research report on Monday, March 6th. Finally, Credit Suisse Group decreased their price target on Universal Health Services from $157.00 to $153.00 and set an “outperform” rating for the company in a research report on Friday, March 3rd. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Universal Health Services has a consensus rating of “Hold” and an average target price of $131.29.

Insider Buying and Selling at Universal Health Services

In other news, Director Lawrence S. Gibbs sold 1,568 shares of the business’s stock in a transaction that occurred on Friday, March 3rd. The stock was sold at an average price of $128.29, for a total value of $201,158.72. Following the sale, the director now directly owns 3,023 shares of the company’s stock, valued at approximately $387,820.67. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Universal Health Services news, Director Lawrence S. Gibbs sold 1,568 shares of the business’s stock in a transaction on Friday, March 3rd. The shares were sold at an average price of $128.29, for a total transaction of $201,158.72. Following the completion of the sale, the director now directly owns 3,023 shares in the company, valued at approximately $387,820.67. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Lawrence S. Gibbs sold 793 shares of the business’s stock in a transaction on Tuesday, March 7th. The shares were sold at an average price of $122.31, for a total transaction of $96,991.83. Following the sale, the director now owns 2,230 shares of the company’s stock, valued at $272,751.30. The disclosure for this sale can be found here. Insiders own 15.40% of the company’s stock.

Universal Health Services Profile

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Universal Health Services, Inc operates as a healthcare management company, which through its subsidiaries, owns and operates acute care hospitals, behavioral health centers, and outpatient facilities. It operates through the following segments: Acute Care Hospital Services, Behavioral Health Care Services, and Other.

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Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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