Universal Health Services, Inc. (NYSE:UHS) Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Universal Health Services, Inc. (NYSE:UHS) by 20.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 97,582 shares of the health services provider’s stock after acquiring an additional 16,659 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.15% of Universal Health Services worth $17,456,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. First Eagle Investment Management LLC boosted its holdings in Universal Health Services by 1.0% in the 4th quarter. First Eagle Investment Management LLC now owns 4,675,182 shares of the health services provider’s stock valued at $838,821,000 after purchasing an additional 44,099 shares in the last quarter. State Street Corp boosted its stake in shares of Universal Health Services by 0.6% in the third quarter. State Street Corp now owns 2,724,075 shares of the health services provider’s stock valued at $623,840,000 after buying an additional 17,527 shares in the last quarter. Geode Capital Management LLC grew its holdings in Universal Health Services by 4.0% during the third quarter. Geode Capital Management LLC now owns 1,661,530 shares of the health services provider’s stock worth $379,403,000 after acquiring an additional 63,754 shares during the period. JPMorgan Chase & Co. grew its holdings in Universal Health Services by 0.9% during the third quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider’s stock worth $274,248,000 after acquiring an additional 10,578 shares during the period. Finally, American Century Companies Inc. raised its position in Universal Health Services by 4.7% in the fourth quarter. American Century Companies Inc. now owns 624,143 shares of the health services provider’s stock worth $111,984,000 after acquiring an additional 27,903 shares in the last quarter. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Wall Street Analyst Weigh In

UHS has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $226.00 price target on shares of Universal Health Services in a research note on Tuesday, December 17th. Stephens upped their target price on shares of Universal Health Services from $210.00 to $223.00 and gave the stock an “equal weight” rating in a research report on Friday, February 28th. Wells Fargo & Company reduced their price target on shares of Universal Health Services from $230.00 to $225.00 and set an “overweight” rating for the company in a research report on Monday, March 10th. The Goldman Sachs Group cut Universal Health Services from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $228.00 to $198.00 in a report on Monday, December 16th. Finally, Cantor Fitzgerald raised Universal Health Services from a “neutral” rating to an “overweight” rating in a report on Monday, February 3rd. Seven investment 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 stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $228.38.

Universal Health Services Stock Performance

Shares of NYSE UHS opened at $186.11 on Monday. The company has a 50-day simple moving average of $181.91 and a 200-day simple moving average of $196.96. 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 company has a market cap of $12.10 billion, a PE ratio of 12.37, a price-to-earnings-growth ratio of 0.53 and a beta of 1.32. Universal Health Services, Inc. has a 12 month low of $152.69 and a 12 month high of $243.25.

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

Universal Health Services Announces Dividend

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

Insider Buying and Selling

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of the 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 transaction, the director now owns 7,916 shares of the company’s stock, valued at $1,418,230.56. This trade represents a 11.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 16.10% of the stock is currently owned by company insiders.

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.