Tokio Marine Asset Management Co. Ltd. Buys 112 Shares of Universal Health Services, Inc. (NYSE:UHS)

Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 6.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,881 shares of the health services provider’s stock after purchasing an additional 112 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Universal Health Services were worth $431,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Financial Management Professionals Inc. acquired a new position in Universal Health Services during the 3rd quarter worth approximately $32,000. Blue Trust Inc. increased its holdings in shares of Universal Health Services by 1,284.6% during the second quarter. Blue Trust Inc. now owns 180 shares of the health services provider’s stock valued at $33,000 after acquiring an additional 167 shares in the last quarter. Huntington National Bank raised its position in shares of Universal Health Services by 414.3% during the third quarter. Huntington National Bank now owns 180 shares of the health services provider’s stock worth $41,000 after purchasing an additional 145 shares during the period. Innealta Capital LLC acquired a new position in shares of Universal Health Services during the second quarter worth approximately $35,000. Finally, Headlands Technologies LLC bought a new position in shares of Universal Health Services in the 1st quarter worth $36,000. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on UHS. Royal Bank of Canada decreased their price target 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. Stephens restated an “equal weight” rating and issued a $200.00 target price on shares of Universal Health Services in a report on Thursday, July 25th. Robert W. Baird lifted their price target on Universal Health Services from $236.00 to $274.00 and gave the company an “outperform” rating in a research note on Wednesday, September 4th. Barclays boosted their price objective on Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Finally, UBS Group raised their target price on Universal Health Services from $247.00 to $267.00 and gave the company a “buy” rating in a report on Wednesday, August 14th. Six analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Universal Health Services currently has a consensus rating of “Moderate Buy” and an average price target of $231.14.

Universal Health Services Stock Performance

Shares of UHS opened at $201.69 on Friday. Universal Health Services, Inc. has a 1 year low of $132.74 and a 1 year high of $243.25. 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 stock’s fifty day moving average price is $221.18 and its two-hundred day moving average price is $205.36. The firm has a market cap of $13.45 billion, a PE ratio of 13.41, a PEG ratio of 0.65 and a beta of 1.29.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data 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). The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.90 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The company’s revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.55 earnings per share. On average, equities research analysts forecast that Universal Health Services, Inc. will post 15.93 EPS for the current year.

Universal Health Services announced that its Board of Directors has initiated a share repurchase plan on Wednesday, July 24th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the health services provider to reacquire up to 8% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

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.