Universal Health Services, Inc. (NYSE:UHS) Shares Purchased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 39.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,855 shares of the health services provider’s stock after acquiring an additional 4,174 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Universal Health Services were worth $2,264,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC lifted its position in shares of Universal Health Services by 42.8% in the third quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider’s stock valued at $34,000 after acquiring an additional 80 shares in the last quarter. Platinum Investment Management Ltd. lifted its holdings in Universal Health Services by 16.9% in the 3rd quarter. Platinum Investment Management Ltd. now owns 727 shares of the health services provider’s stock valued at $91,000 after purchasing an additional 105 shares in the last quarter. Tompkins Financial Corp acquired a new stake in shares of Universal Health Services during the 4th quarter worth about $96,000. Van ECK Associates Corp grew its holdings in shares of Universal Health Services by 9.6% during the third quarter. Van ECK Associates Corp now owns 1,004 shares of the health services provider’s stock worth $126,000 after buying an additional 88 shares in the last quarter. Finally, V Square Quantitative Management LLC purchased a new stake in shares of Universal Health Services during the third quarter worth about $175,000. Institutional investors and hedge funds own 86.05% of the company’s stock.

Wall Street Analyst Weigh In

UHS has been the topic of several analyst reports. Wells Fargo & Company raised their price objective on Universal Health Services from $195.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. TD Cowen upped their target price on Universal Health Services from $140.00 to $181.00 and gave the company a “market perform” rating in a research report on Friday, March 1st. JPMorgan Chase & Co. lifted their price target on shares of Universal Health Services from $144.00 to $182.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 13th. Cantor Fitzgerald reiterated an “underweight” rating and set a $156.00 price objective on shares of Universal Health Services in a research note on Wednesday, April 10th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Universal Health Services from $208.00 to $203.00 and set a “buy” rating for the company in a report on Friday, April 12th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Universal Health Services currently has a consensus rating of “Moderate Buy” and a consensus price target of $179.71.

Insider Buying and Selling at Universal Health Services

In other news, CFO Steve Filton sold 35,000 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $176.82, for a total transaction of $6,188,700.00. Following the completion of the transaction, the chief financial officer now directly owns 68,785 shares in the company, valued at $12,162,563.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 16.10% of the stock is owned by company insiders.

Universal Health Services Stock Performance

Shares of UHS stock opened at $164.83 on Wednesday. The company has a market cap of $11.08 billion, a P/E ratio of 16.07, a PEG ratio of 0.81 and a beta of 1.24. The business has a 50 day moving average of $170.42 and a two-hundred day moving average of $152.92. Universal Health Services, Inc. has a 52 week low of $119.90 and a 52 week high of $183.61. The company has a quick ratio of 1.29, a current ratio of 1.40 and a debt-to-equity ratio of 0.77.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Tuesday, February 27th. The health services provider reported $3.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.11. The business had revenue of $3.70 billion during the quarter, compared to analyst estimates of $3.66 billion. Universal Health Services had a return on equity of 12.08% and a net margin of 5.03%. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.02 EPS. As a group, analysts anticipate that Universal Health Services, Inc. will post 13.34 EPS for the current year.

Universal Health Services Company 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.