Vanguard Group Inc. lowered its position in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) by 1.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,080,303 shares of the health services provider’s stock after selling 73,039 shares during the quarter. Vanguard Group Inc. owned about 10.73% of Universal Health Services worth $1,270,348,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the company. First Eagle Investment Management LLC lifted its stake in Universal Health Services by 1.0% during the fourth quarter. First Eagle Investment Management LLC now owns 4,675,182 shares of the health services provider’s stock worth $838,821,000 after purchasing an additional 44,099 shares during the last quarter. State Street Corp lifted its position in shares of Universal Health Services by 0.6% in the 3rd quarter. State Street Corp now owns 2,724,075 shares of the health services provider’s stock worth $623,840,000 after buying an additional 17,527 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Universal Health Services by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,661,530 shares of the health services provider’s stock valued at $379,403,000 after buying an additional 63,754 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Universal Health Services by 0.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider’s stock valued at $274,248,000 after buying an additional 10,578 shares during the period. Finally, American Century Companies Inc. grew its position in shares of Universal Health Services by 4.7% during the 4th quarter. American Century Companies Inc. now owns 624,143 shares of the health services provider’s stock valued at $111,984,000 after buying an additional 27,903 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.
Insider Buying and Selling
In other news, Director Maria Ruderman Singer sold 1,000 shares of the company’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $179.16, for a total value of $179,160.00. Following the transaction, the director now owns 7,916 shares in the company, valued at $1,418,230.56. This represents a 11.22 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 16.10% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Report on Universal Health Services
Universal Health Services Stock Up 1.0 %
UHS stock opened at $186.27 on Friday. The firm has a market cap of $12.11 billion, a PE ratio of 12.39, a P/E/G 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. 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 firm has a 50 day simple moving average of $181.89 and a 200 day simple moving average of $197.67.
Universal Health Services (NYSE:UHS – Get Free Report) last announced its earnings results on Wednesday, February 26th. The health services provider reported $4.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $4.11 billion for the quarter, compared to analyst estimates of $4.01 billion. 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 company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a $0.20 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.43%. Universal Health Services’s dividend payout ratio (DPR) is presently 4.75%.
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.
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