Colony Group LLC Buys 551 Shares of Universal Health Services, Inc. (NYSE:UHS)

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Colony Group LLC boosted its stake in Universal Health Services, Inc. (NYSE:UHS) by 16.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,975 shares of the health services provider’s stock after purchasing an additional 551 shares during the period. Colony Group LLC’s holdings in Universal Health Services were worth $591,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of UHS. Commonwealth Equity Services LLC lifted its stake in Universal Health Services by 21.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 2,814 shares of the health services provider’s stock valued at $366,000 after purchasing an additional 506 shares during the last quarter. Regentatlantic Capital LLC raised its stake in shares of Universal Health Services by 9.3% during the second quarter. Regentatlantic Capital LLC now owns 10,046 shares of the health services provider’s stock valued at $1,310,000 after acquiring an additional 852 shares during the last quarter. Commerzbank Aktiengesellschaft FI bought a new position in shares of Universal Health Services during the second quarter valued at $231,000. Daiwa Securities Group Inc. raised its stake in shares of Universal Health Services by 10.1% during the second quarter. Daiwa Securities Group Inc. now owns 40,280 shares of the health services provider’s stock valued at $5,252,000 after acquiring an additional 3,704 shares during the last quarter. Finally, RNC Capital Management LLC bought a new position in shares of Universal Health Services during the second quarter valued at $217,000. 84.40% of the stock is owned by institutional investors and hedge funds.

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

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

UHS stock opened at $139.49 on Monday. The company has a fifty day moving average price of $141.83 and a 200-day moving average price of $138.22. The company has a market capitalization of $12.29 billion, a P/E ratio of 14.64, a PEG ratio of 1.77 and a beta of 1.06. Universal Health Services, Inc. has a 52-week low of $112.79 and a 52-week high of $157.79. 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 results on Thursday, October 24th. The health services provider reported $1.99 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.30 by ($0.31). The business had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.77 billion. Universal Health Services had a net margin of 6.48% and a return on equity of 15.80%. Universal Health Services’s revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.23 EPS. As a group, sell-side analysts forecast that Universal Health Services, Inc. will post 9.81 earnings per share for the current fiscal year.

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

Universal Health Services 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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