Quantinno Capital Management LP Grows Stock Position in Universal Health Services, Inc. (NYSE:UHS)

Quantinno Capital Management LP increased its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 80.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,239 shares of the health services provider’s stock after buying an additional 14,342 shares during the quarter. Quantinno Capital Management LP’s holdings in Universal Health Services were worth $7,383,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its holdings in shares of Universal Health Services by 134.2% in the 1st quarter. Cetera Investment Advisers now owns 8,744 shares of the health services provider’s stock worth $1,595,000 after purchasing an additional 5,010 shares during the period. Cetera Advisors LLC purchased a new position in shares of Universal Health Services in the 1st quarter worth about $642,000. CWM LLC raised its holdings in shares of Universal Health Services by 31.6% in the 2nd quarter. CWM LLC now owns 942 shares of the health services provider’s stock worth $174,000 after purchasing an additional 226 shares during the period. QRG Capital Management Inc. raised its holdings in shares of Universal Health Services by 5.4% in the 2nd quarter. QRG Capital Management Inc. now owns 2,913 shares of the health services provider’s stock worth $539,000 after purchasing an additional 149 shares during the period. Finally, SG Americas Securities LLC raised its holdings in shares of Universal Health Services by 257.1% in the 2nd quarter. SG Americas Securities LLC now owns 13,818 shares of the health services provider’s stock worth $2,555,000 after purchasing an additional 9,949 shares during the period. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on UHS. StockNews.com lowered Universal Health Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 9th. Bank of America began coverage on Universal Health Services in a research note on Wednesday, November 6th. They issued a “neutral” rating and a $223.00 target price for the company. Cantor Fitzgerald reiterated a “neutral” rating and issued a $219.00 target price on shares of Universal Health Services in a research note on Friday, October 25th. Wells Fargo & Company lowered their target price on Universal Health Services from $285.00 to $230.00 and set an “overweight” rating for the company in a research note on Monday, November 25th. Finally, TD Cowen lowered their target price on Universal Health Services from $275.00 to $251.00 and set a “buy” rating for the company in a research note on Tuesday, November 26th. Six investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $225.50.

Universal Health Services Price Performance

Shares of UHS opened at $194.22 on Friday. Universal Health Services, Inc. has a 52 week low of $133.70 and a 52 week high of $243.25. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The firm has a market cap of $12.81 billion, a price-to-earnings ratio of 12.91, a PEG ratio of 0.64 and a beta of 1.28. The stock has a 50 day moving average of $210.73 and a 200-day moving average of $207.71.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Thursday, October 24th. The health services provider reported $3.71 EPS for the quarter, missing analysts’ consensus estimates of $3.75 by ($0.04). Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.90 billion. During the same period in the prior year, the firm earned $2.55 EPS. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. As a group, analysts forecast that Universal Health Services, Inc. will post 15.88 EPS for the current year.

Universal Health Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.80 annualized dividend and a yield of 0.41%. Universal Health Services’s dividend payout ratio (DPR) is 5.32%.

About Universal Health Services

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.