Universal Health Services, Inc. (NYSE:UHS) Shares Purchased by Vinva Investment Management Ltd

Vinva Investment Management Ltd grew its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 33.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 52,098 shares of the health services provider’s stock after purchasing an additional 13,042 shares during the quarter. Vinva Investment Management Ltd’s holdings in Universal Health Services were worth $11,978,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Financial Management Professionals Inc. acquired a new stake in Universal Health Services during the 3rd quarter worth $32,000. Blue Trust Inc. grew its holdings in shares of Universal Health Services by 1,284.6% during the second quarter. Blue Trust Inc. now owns 180 shares of the health services provider’s stock worth $33,000 after purchasing an additional 167 shares during the last quarter. Huntington National Bank boosted its position 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 valued at $41,000 after purchasing an additional 145 shares during the period. Innealta Capital LLC purchased a new position in Universal Health Services during the 2nd quarter worth approximately $35,000. Finally, Benjamin F. Edwards & Company Inc. increased its position in Universal Health Services by 41.8% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 251 shares of the health services provider’s stock worth $46,000 after buying an additional 74 shares during the period. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Universal Health Services Stock Down 1.3 %

UHS stock opened at $203.50 on Thursday. Universal Health Services, Inc. has a 52 week low of $133.70 and a 52 week high of $243.25. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The company has a market cap of $13.42 billion, a P/E ratio of 13.53, a P/E/G ratio of 0.63 and a beta of 1.29. The company’s 50-day moving average price is $216.79 and its 200 day moving average price is $206.96.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Thursday, October 24th. The health services provider reported $3.71 earnings per share for the quarter, missing the consensus estimate of $3.75 by ($0.04). The firm had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.90 billion. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.55 earnings per share. On average, research analysts expect that Universal Health Services, Inc. will post 15.93 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd will be paid a $0.20 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.39%. Universal Health Services’s payout ratio is 5.32%.

Analyst Upgrades and Downgrades

UHS has been the topic of a number of research reports. UBS Group raised their target price on shares of Universal Health Services from $247.00 to $267.00 and gave the stock a “buy” rating in a research report on Wednesday, August 14th. Barclays raised their price objective on shares of Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Bank of America started coverage on shares of Universal Health Services in a research note on Wednesday, November 6th. They issued a “neutral” rating and a $223.00 price objective on the stock. Royal Bank of Canada decreased their target price on shares of Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating for the company in a research note on Monday, October 28th. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $219.00 price target on shares of Universal Health Services in a research report on Friday, October 25th. Six investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $225.50.

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.