Consolidated Investment Group LLC Grows Stock Position in Universal Health Services, Inc. (NYSE:UHS)

Consolidated Investment Group LLC grew its stake in Universal Health Services, Inc. (NYSE:UHS) by 6.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 20,400 shares of the health services provider’s stock after buying an additional 1,200 shares during the quarter. Consolidated Investment Group LLC’s holdings in Universal Health Services were worth $3,660,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of UHS. Cerity Partners LLC increased its holdings in Universal Health Services by 86.4% in the third quarter. Cerity Partners LLC now owns 21,047 shares of the health services provider’s stock valued at $4,820,000 after buying an additional 9,755 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Universal Health Services by 0.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,197,537 shares of the health services provider’s stock valued at $274,248,000 after acquiring an additional 10,578 shares during the period. Vestcor Inc increased its stake in shares of Universal Health Services by 1,436.5% in the 3rd quarter. Vestcor Inc now owns 54,070 shares of the health services provider’s stock valued at $12,383,000 after purchasing an additional 50,551 shares in the last quarter. Eagle Asset Management Inc. acquired a new position in Universal Health Services in the 3rd quarter worth about $13,496,000. Finally, Geode Capital Management LLC boosted its position in Universal Health Services by 4.0% during the third quarter. Geode Capital Management LLC now owns 1,661,530 shares of the health services provider’s stock worth $379,403,000 after purchasing an additional 63,754 shares in the last quarter. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Insider Transactions at Universal Health Services

In other news, Director Maria Ruderman Singer sold 1,614 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $191.15, for a total transaction of $308,516.10. Following the completion of the transaction, the director now directly owns 5,879 shares in the company, valued at approximately $1,123,770.85. This represents a 21.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 16.10% of the company’s stock.

Universal Health Services Stock Performance

NYSE UHS opened at $185.65 on Friday. Universal Health Services, Inc. has a fifty-two week low of $152.68 and a fifty-two week high of $243.25. The firm has a market capitalization of $12.25 billion, a P/E ratio of 12.34, a price-to-earnings-growth ratio of 0.54 and a beta of 1.30. The stock’s fifty day moving average is $188.65 and its two-hundred day moving average is $207.56. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings results 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). Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The firm had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.90 billion. During the same period in the previous year, the firm posted $2.55 EPS. The company’s revenue was up 11.3% compared to the same quarter last year. On average, research analysts anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd were paid a $0.20 dividend. The ex-dividend date was Tuesday, December 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.43%. Universal Health Services’s dividend payout ratio (DPR) is 5.32%.

Analyst Ratings Changes

Several brokerages have recently weighed in on UHS. StockNews.com downgraded Universal Health Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 9th. Wells Fargo & Company reduced their price objective on shares of Universal Health Services from $285.00 to $230.00 and set an “overweight” rating for the company in a research report on Monday, November 25th. TD Cowen dropped their target price on shares of Universal Health Services from $275.00 to $251.00 and set a “buy” rating on the stock in a research report on Tuesday, November 26th. JPMorgan Chase & Co. restated a “neutral” rating and set a $226.00 price target on shares of Universal Health Services in a research report on Tuesday, December 17th. Finally, Barclays raised their price target on shares of Universal Health Services from $256.00 to $271.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Seven investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $226.14.

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.