Savant Capital LLC raised its stake in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 255.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,345 shares of the health services provider’s stock after acquiring an additional 4,559 shares during the quarter. Savant Capital LLC’s holdings in Universal Health Services were worth $1,138,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. CWM LLC lifted its holdings in shares of Universal Health Services by 373.1% during the 3rd quarter. CWM LLC now owns 4,457 shares of the health services provider’s stock worth $1,021,000 after acquiring an additional 3,515 shares during the period. Exchange Traded Concepts LLC acquired a new position in shares of Universal Health Services during the third quarter worth $411,000. Creative Planning lifted its stake in shares of Universal Health Services by 15.0% in the third quarter. Creative Planning now owns 6,644 shares of the health services provider’s stock worth $1,521,000 after acquiring an additional 869 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Universal Health Services by 28.7% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 7,076 shares of the health services provider’s stock valued at $1,620,000 after acquiring an additional 1,578 shares during the last quarter. Finally, Aaron Wealth Advisors LLC acquired a new position in Universal Health Services in the third quarter worth about $234,000. 86.05% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on UHS shares. Cantor Fitzgerald upgraded shares of Universal Health Services from a “neutral” rating to an “overweight” rating in a research note on Monday, February 3rd. TD Cowen decreased their price objective 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. Barclays upped their price target on shares of Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. Wells Fargo & Company cut their price target on shares of Universal Health Services from $285.00 to $230.00 and set an “overweight” rating for the company in a report on Monday, November 25th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $226.00 target price on shares of Universal Health Services in a research report on Tuesday, December 17th. Six equities research 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 company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $226.14.
Insider Buying and Selling at Universal Health Services
In other news, Director Maria Ruderman Singer sold 1,614 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total value of $308,516.10. Following the sale, the director now owns 5,879 shares in the company, valued at approximately $1,123,770.85. The trade was a 21.54 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 16.10% of the company’s stock.
Universal Health Services Stock Down 0.6 %
Shares of UHS opened at $181.69 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69. The company has a 50-day moving average price of $185.02 and a two-hundred day moving average price of $207.26. The stock has a market cap of $11.99 billion, a price-to-earnings ratio of 12.08, a P/E/G ratio of 0.54 and a beta of 1.30. Universal Health Services, Inc. has a 12 month low of $152.68 and a 12 month high of $243.25.
Universal Health Services Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.44%. The ex-dividend date of this dividend is Monday, March 3rd. Universal Health Services’s dividend payout ratio is 5.32%.
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.
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