XTX Topco Ltd Buys 9,884 Shares of Universal Health Services, Inc. (NYSE:UHS)

XTX Topco Ltd raised its stake in shares of Universal Health Services, Inc. (NYSE:UHS) by 661.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 11,378 shares of the health services provider’s stock after purchasing an additional 9,884 shares during the period. XTX Topco Ltd’s holdings in Universal Health Services were worth $2,606,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of UHS. Van ECK Associates Corp raised its position in Universal Health Services by 4.2% in the 2nd quarter. Van ECK Associates Corp now owns 1,160 shares of the health services provider’s stock worth $215,000 after purchasing an additional 47 shares during the period. LRI Investments LLC raised its holdings in shares of Universal Health Services by 19.5% in the second quarter. LRI Investments LLC now owns 386 shares of the health services provider’s stock worth $71,000 after buying an additional 63 shares during the period. Empirical Finance LLC boosted its holdings in Universal Health Services by 1.1% during the 3rd quarter. Empirical Finance LLC now owns 5,704 shares of the health services provider’s stock valued at $1,306,000 after acquiring an additional 64 shares during the period. US Bancorp DE grew its position in Universal Health Services by 3.0% in the 3rd quarter. US Bancorp DE now owns 2,238 shares of the health services provider’s stock valued at $512,000 after acquiring an additional 65 shares during the last quarter. Finally, Quarry LP increased its stake in Universal Health Services by 14.4% in the third quarter. Quarry LP now owns 516 shares of the health services provider’s stock worth $118,000 after purchasing an additional 65 shares during the period. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Universal Health Services Price Performance

Shares of UHS opened at $194.22 on Friday. The company has a 50 day moving average of $210.73 and a two-hundred day moving average of $207.71. The company has a market cap of $12.81 billion, a price-to-earnings ratio of 12.91, a price-to-earnings-growth ratio of 0.64 and a beta of 1.28. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69. Universal Health Services, Inc. has a twelve month low of $133.70 and a twelve month high of $243.25.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Thursday, October 24th. The health services provider reported $3.71 EPS for the quarter, missing analysts’ consensus estimates of $3.75 by ($0.04). Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.90 billion. During the same quarter last year, the business posted $2.55 earnings per share. The company’s quarterly revenue was up 11.3% compared to the same quarter last year. As a group, analysts predict that Universal Health Services, Inc. will post 15.88 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date of this dividend is Tuesday, December 3rd. Universal Health Services’s dividend payout ratio (DPR) is presently 5.32%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Barclays upped their price target on shares of Universal Health Services from $256.00 to $271.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Royal Bank of Canada decreased their price target 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. Bank of America assumed coverage on Universal Health Services in a report on Wednesday, November 6th. They set a “neutral” rating and a $223.00 price objective on the stock. KeyCorp started coverage on Universal Health Services in a report on Friday, October 11th. They issued a “sector weight” rating for the company. Finally, Robert W. Baird raised their price target on Universal Health Services from $236.00 to $274.00 and gave the company an “outperform” rating in a research note on Wednesday, September 4th. Six investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $225.50.

About Universal Health Services

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.