California State Teachers Retirement System Lowers Stock Position in Universal Health Services, Inc. (NYSE:UHS)

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California State Teachers Retirement System lowered its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 1.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 142,456 shares of the health services provider’s stock after selling 1,988 shares during the period. California State Teachers Retirement System’s holdings in Universal Health Services were worth $21,190,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. FTB Advisors Inc. increased its holdings in shares of Universal Health Services by 102.9% during the third quarter. FTB Advisors Inc. now owns 209 shares of the health services provider’s stock valued at $30,000 after acquiring an additional 106 shares in the last quarter. Pearl River Capital LLC bought a new position in shares of Universal Health Services during the second quarter valued at $35,000. CSat Investment Advisory L.P. increased its holdings in shares of Universal Health Services by 74.0% during the second quarter. CSat Investment Advisory L.P. now owns 362 shares of the health services provider’s stock valued at $47,000 after acquiring an additional 154 shares in the last quarter. Pathstone Family Office LLC increased its holdings in shares of Universal Health Services by 41.9% during the second quarter. Pathstone Family Office LLC now owns 423 shares of the health services provider’s stock valued at $55,000 after acquiring an additional 125 shares in the last quarter. Finally, Coastal Investment Advisors Inc. bought a new position in shares of Universal Health Services during the second quarter valued at $56,000. 84.40% of the stock is owned by institutional investors and hedge funds.

Separately, Zacks Investment Research downgraded Universal Health Services from a “hold” rating to a “sell” rating and set a $148.00 price target for the company. in a report on Monday, November 11th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $150.19.

In related news, CFO Steve Filton sold 30,000 shares of Universal Health Services stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $141.40, for a total value of $4,242,000.00. Following the completion of the sale, the chief financial officer now directly owns 265,238 shares in the company, valued at approximately $37,504,653.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 12.60% of the stock is currently owned by company insiders.

NYSE UHS opened at $139.49 on Monday. Universal Health Services, Inc. has a one year low of $112.79 and a one year high of $157.79. The stock has a 50-day moving average of $141.83 and a 200 day moving average of $138.22. The company has a market capitalization of $12.29 billion, a price-to-earnings ratio of 14.64, a PEG ratio of 1.77 and a beta of 1.06. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.09 and a current ratio of 1.19.

Universal Health Services (NYSE:UHS) last released its quarterly earnings data on Thursday, October 24th. The health services provider reported $1.99 EPS for the quarter, missing the consensus estimate of $2.30 by ($0.31). Universal Health Services had a return on equity of 15.80% and a net margin of 6.48%. The business had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter in the previous year, the business posted $2.23 earnings per share. Universal Health Services’s quarterly revenue was up 6.5% compared to the same quarter last year. On average, equities analysts predict that Universal Health Services, Inc. will post 9.81 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be issued a $0.20 dividend. The ex-dividend date is Wednesday, December 4th. This represents a $0.80 annualized dividend and a yield of 0.57%. Universal Health Services’s payout ratio is 8.39%.

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.

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

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