Mitsubishi UFJ Trust & Banking Corp Trims Position in Universal Health Services, Inc. (NYSE:UHS)

Mitsubishi UFJ Trust & Banking Corp decreased its holdings in Universal Health Services, Inc. (NYSE:UHS) by 17.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 68,379 shares of the health services provider’s stock after selling 14,842 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.10% of Universal Health Services worth $12,269,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. R Squared Ltd bought a new position in Universal Health Services in the 4th quarter worth $29,000. Quent Capital LLC increased its position in shares of Universal Health Services by 118.3% during the fourth quarter. Quent Capital LLC now owns 179 shares of the health services provider’s stock valued at $32,000 after buying an additional 97 shares during the period. True Wealth Design LLC purchased a new position in shares of Universal Health Services during the third quarter valued at about $39,000. Campbell Capital Management Inc. bought a new position in Universal Health Services in the fourth quarter worth about $46,000. Finally, Sunbelt Securities Inc. purchased a new stake in Universal Health Services in the third quarter worth about $69,000. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Analyst Ratings Changes

UHS has been the topic of a number of research analyst reports. The Goldman Sachs Group downgraded Universal Health Services from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $228.00 to $198.00 in a report on Monday, December 16th. Barclays reduced their price target on Universal Health Services from $271.00 to $249.00 and set an “overweight” rating on the stock in a research note on Thursday, February 27th. Cantor Fitzgerald raised Universal Health Services from a “neutral” rating to an “overweight” rating in a research report on Monday, February 3rd. Wells Fargo & Company reduced their target price on shares of Universal Health Services from $230.00 to $225.00 and set an “overweight” rating on the stock in a research report on Monday, March 10th. Finally, Stephens increased their price target on shares of Universal Health Services from $210.00 to $223.00 and gave the stock an “equal weight” rating in a research note on Friday, February 28th. Seven research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $228.38.

Universal Health Services Trading Down 0.2 %

NYSE:UHS opened at $186.11 on Friday. The stock has a market cap of $12.10 billion, a price-to-earnings ratio of 12.37, a PEG ratio of 0.53 and a beta of 1.32. 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’s 50 day moving average price is $181.91 and its 200-day moving average price is $197.19. Universal Health Services, Inc. has a 52 week low of $152.69 and a 52 week high of $243.25.

Universal Health Services (NYSE:UHS) last issued its earnings results on Wednesday, February 26th. The health services provider reported $4.92 EPS for the quarter, beating the consensus estimate of $4.21 by $0.71. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The business had revenue of $4.11 billion for the quarter, compared to the consensus estimate of $4.01 billion. On average, equities research analysts forecast that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date was Monday, March 3rd. Universal Health Services’s dividend payout ratio (DPR) is 4.75%.

Insider Buying and Selling at Universal Health Services

In other news, Director Maria Ruderman Singer sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $179.16, for a total transaction of $179,160.00. Following the completion of the transaction, the director now directly owns 7,916 shares of the company’s stock, valued at $1,418,230.56. The trade was a 11.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 16.10% of the company’s stock.

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.