Calamos Advisors LLC Purchases New Holdings in Universal Health Services, Inc. (UHS)

Calamos Advisors LLC purchased a new position in shares of Universal Health Services, Inc. (NYSE:UHS) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 4,520 shares of the health services provider’s stock, valued at approximately $605,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio grew its position in shares of Universal Health Services by 24.1% during the 4th quarter. Public Employees Retirement System of Ohio now owns 38,874 shares of the health services provider’s stock worth $4,531,000 after buying an additional 7,540 shares during the period. State of Alaska Department of Revenue grew its position in shares of Universal Health Services by 5.9% during the 1st quarter. State of Alaska Department of Revenue now owns 28,078 shares of the health services provider’s stock worth $3,754,000 after buying an additional 1,573 shares during the period. Colony Group LLC acquired a new stake in shares of Universal Health Services during the 4th quarter worth approximately $255,000. NuWave Investment Management LLC grew its position in shares of Universal Health Services by 4,035.5% during the 4th quarter. NuWave Investment Management LLC now owns 2,564 shares of the health services provider’s stock worth $299,000 after buying an additional 2,502 shares during the period. Finally, Captrust Financial Advisors grew its position in shares of Universal Health Services by 12.2% during the 3rd quarter. Captrust Financial Advisors now owns 10,606 shares of the health services provider’s stock worth $1,356,000 after buying an additional 1,150 shares during the period. Hedge funds and other institutional investors own 76.04% of the company’s stock.

NYSE UHS opened at $132.74 on Tuesday. Universal Health Services, Inc. has a 12-month low of $109.37 and a 12-month high of $142.21. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.34 and a quick ratio of 1.24. The firm has a market capitalization of $14.49 billion, a P/E ratio of 13.93, a price-to-earnings-growth ratio of 1.22 and a beta of 1.11.



Universal Health Services (NYSE:UHS) last posted its quarterly earnings results on Wednesday, February 27th. The health services provider reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.34 by $0.03. Universal Health Services had a net margin of 7.24% and a return on equity of 16.58%. The business had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter last year, the firm posted $2.00 EPS. Universal Health Services’s revenue was up 4.2% compared to the same quarter last year. On average, sell-side analysts expect that Universal Health Services, Inc. will post 10.01 earnings per share for the current year.

Universal Health Services announced that its board has initiated a stock repurchase plan on Monday, December 17th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the health services provider to reacquire up to 4.5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Several brokerages have recently commented on UHS. JPMorgan Chase & Co. downgraded shares of Universal Health Services from an “overweight” rating to a “neutral” rating and set a $147.00 price objective for the company. in a research report on Monday, March 4th. They noted that the move was a valuation call. Deutsche Bank raised their price objective on shares of Universal Health Services from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, March 1st. Citigroup raised their price objective on shares of Universal Health Services from $140.00 to $164.00 and gave the stock a “buy” rating in a research report on Friday, March 1st. Barclays raised their price objective on shares of Universal Health Services from $130.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Friday, March 1st. Finally, Wells Fargo & Co raised their price objective on shares of Universal Health Services from $147.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, March 1st. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $145.13.

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Universal Health Services Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

Read More: Price to Earnings Ratio (PE)

Institutional Ownership by Quarter for Universal Health Services (NYSE:UHS)

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