Radnor Capital Management LLC reduced its stake in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 7.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,595 shares of the health services provider’s stock after selling 950 shares during the period. Radnor Capital Management LLC’s holdings in Universal Health Services were worth $2,080,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also modified their holdings of the company. Financial Management Professionals Inc. bought a new stake in Universal Health Services in the third quarter valued at $32,000. True Wealth Design LLC acquired a new stake in shares of Universal Health Services in the 3rd quarter valued at $39,000. Huntington National Bank grew its holdings in shares of Universal Health Services by 414.3% in the 3rd quarter. Huntington National Bank now owns 180 shares of the health services provider’s stock worth $41,000 after purchasing an additional 145 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in Universal Health Services by 41.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 251 shares of the health services provider’s stock valued at $46,000 after buying an additional 74 shares in the last quarter. Finally, Sentry Investment Management LLC bought a new stake in Universal Health Services during the third quarter worth about $64,000. 86.05% of the stock is owned by institutional investors and hedge funds.
Universal Health Services Stock Performance
Shares of Universal Health Services stock opened at $183.77 on Wednesday. Universal Health Services, Inc. has a 52 week low of $150.11 and a 52 week high of $243.25. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39. The stock has a market capitalization of $12.12 billion, a price-to-earnings ratio of 12.22, a PEG ratio of 0.60 and a beta of 1.30. The firm has a fifty day moving average of $192.22 and a two-hundred day moving average of $207.56.
Universal Health Services Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.44%. The ex-dividend date was Tuesday, December 3rd. Universal Health Services’s payout ratio is 5.32%.
Insider Activity at Universal Health Services
In other Universal Health Services news, Director Maria Ruderman Singer sold 1,614 shares of the 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 directly owns 5,879 shares in the company, valued at approximately $1,123,770.85. This trade represents a 21.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 16.10% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on UHS. Barclays lifted their target price on shares of Universal Health Services from $256.00 to $271.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Royal Bank of Canada cut their price objective on Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating for the company in a research report on Monday, October 28th. KeyCorp started coverage on Universal Health Services in a report on Friday, October 11th. They set a “sector weight” rating on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $226.00 price target on shares of Universal Health Services in a report on Tuesday, December 17th. Finally, Bank of America started coverage on shares of Universal Health Services in a report on Wednesday, November 6th. They set a “neutral” rating and a $223.00 price objective on the stock. Seven analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.
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