Versor Investments LP decreased its position in shares of Universal Health Services, Inc. (NYSE:UHS – Get Rating) by 61.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,483 shares of the health services provider’s stock after selling 2,317 shares during the quarter. Versor Investments LP’s holdings in Universal Health Services were worth $209,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of the stock. Ronald Blue Trust Inc. raised its holdings in Universal Health Services by 4,785.7% in the 4th quarter. Ronald Blue Trust Inc. now owns 342 shares of the health services provider’s stock valued at $30,000 after acquiring an additional 335 shares during the last quarter. Ancora Advisors LLC raised its holdings in Universal Health Services by 33.3% in the 1st quarter. Ancora Advisors LLC now owns 400 shares of the health services provider’s stock valued at $53,000 after acquiring an additional 100 shares during the last quarter. Signaturefd LLC increased its holdings in shares of Universal Health Services by 96.1% during the 4th quarter. Signaturefd LLC now owns 449 shares of the health services provider’s stock worth $63,000 after buying an additional 220 shares during the last quarter. Wipfli Financial Advisors LLC purchased a new position in shares of Universal Health Services in the 3rd quarter worth $40,000. Finally, Dupont Capital Management Corp raised its position in shares of Universal Health Services by 41.3% in the 3rd quarter. Dupont Capital Management Corp now owns 472 shares of the health services provider’s stock worth $42,000 after buying an additional 138 shares during the period. 87.17% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Universal Health Services
In other news, Director Lawrence S. Gibbs sold 793 shares of Universal Health Services stock in a transaction that occurred on Tuesday, March 7th. The shares were sold at an average price of $122.31, for a total value of $96,991.83. Following the transaction, the director now owns 2,230 shares of the company’s stock, valued at approximately $272,751.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Universal Health Services news, 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 directly owns 2,230 shares of the company’s stock, valued at approximately $272,751.30. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, 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 sale, the director now directly owns 3,023 shares in the company, valued at $387,820.67. The disclosure for this sale can be found here. Corporate insiders own 16.60% of the company’s stock.
Universal Health Services Trading Up 0.2 %
Universal Health Services (NYSE:UHS – Get Rating) last issued its quarterly earnings results on Monday, February 27th. The health services provider reported $3.02 earnings per share (EPS) for the quarter, beating 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 company had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.40 billion. During the same period last year, the firm earned $2.95 EPS. The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. As a group, equities research analysts expect that Universal Health Services, Inc. will post 10.05 EPS for the current fiscal year.
Universal Health Services Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 15th. Stockholders of record on Wednesday, March 1st were paid a $0.20 dividend. The ex-dividend date was Tuesday, February 28th. This represents a $0.80 annualized dividend and a dividend yield of 0.59%. Universal Health Services’s dividend payout ratio is currently 8.74%.
Wall Street Analyst Weigh In
UHS has been the topic of several research reports. Wolfe Research lowered Universal Health Services from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, March 1st. UBS Group raised Universal Health Services from a “sell” rating to a “neutral” rating and increased their target price for the stock from $113.00 to $167.00 in a research report on Tuesday, January 24th. Wells Fargo & Company cut their target price on Universal Health Services from $154.00 to $138.00 and set an “equal weight” rating on the stock in a research report on Monday, March 6th. Deutsche Bank Aktiengesellschaft cut their target price on Universal Health Services from $168.00 to $145.00 and set a “buy” rating on the stock in a research report on Monday, March 6th. Finally, Stephens cut their target price on Universal Health Services from $155.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 1st. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Universal Health Services presently has an average rating of “Hold” and a consensus price target of $131.29.
Universal Health Services Company Profile
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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