Universal Health Services, Inc. (NYSE:UHS) Shares Sold by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. decreased its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 44.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,417 shares of the health services provider’s stock after selling 7,474 shares during the quarter. Lecap Asset Management Ltd.’s holdings in Universal Health Services were worth $1,690,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. R Squared Ltd purchased a new position in Universal Health Services during the 4th quarter worth approximately $29,000. Financial Management Professionals Inc. purchased a new position in shares of Universal Health Services during the third quarter worth $32,000. True Wealth Design LLC acquired a new position in Universal Health Services during the third quarter valued at $39,000. Huntington National Bank boosted its holdings in Universal Health Services by 414.3% in the third quarter. Huntington National Bank now owns 180 shares of the health services provider’s stock valued at $41,000 after purchasing an additional 145 shares during the last quarter. Finally, Sentry Investment Management LLC purchased a new stake in Universal Health Services in the third quarter valued at $64,000. Institutional investors and hedge funds own 86.05% of the company’s stock.

Insider Activity

In related news, Director Maria Ruderman Singer sold 1,614 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total transaction of $308,516.10. Following the completion of the sale, the director now directly owns 5,879 shares in the company, valued at approximately $1,123,770.85. The trade was a 21.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 16.10% of the company’s stock.

Universal Health Services Stock Down 2.5 %

UHS stock opened at $188.36 on Friday. The stock has a market capitalization of $12.43 billion, a P/E ratio of 12.52, a P/E/G ratio of 0.54 and a beta of 1.30. Universal Health Services, Inc. has a 52 week low of $152.68 and a 52 week high of $243.25. The firm has a 50-day simple moving average of $186.83 and a 200-day simple moving average of $207.87. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69.

Universal Health Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd were issued a dividend of $0.20 per share. The ex-dividend date was Tuesday, December 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.42%. Universal Health Services’s payout ratio is currently 5.32%.

Analysts Set New Price Targets

UHS has been the subject of several analyst reports. Cantor Fitzgerald raised Universal Health Services from a “neutral” rating to an “overweight” rating in a report on Monday. TD Cowen decreased their price target on Universal Health Services from $275.00 to $251.00 and set a “buy” rating for the company in a report on Tuesday, November 26th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $226.00 price objective on shares of Universal Health Services in a research note on Tuesday, December 17th. Bank of America started coverage on shares of 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. Finally, Wells Fargo & Company dropped their price target on shares of Universal Health Services from $285.00 to $230.00 and set an “overweight” rating on the stock in a research report on Monday, November 25th. Six investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $226.14.

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.