Hussman Strategic Advisors Inc. raised its stake in Universal Health Services, Inc. (NYSE:UHS – Free Report) by 300.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,800 shares of the health services provider’s stock after buying an additional 12,600 shares during the period. Universal Health Services makes up about 0.9% of Hussman Strategic Advisors Inc.’s investment portfolio, making the stock its 19th largest holding. Hussman Strategic Advisors Inc.’s holdings in Universal Health Services were worth $3,014,000 as of its most recent filing with the SEC.
Several other institutional investors also recently modified their holdings of UHS. R Squared Ltd bought a new position in shares of Universal Health Services in the fourth quarter valued at $29,000. Financial Management Professionals Inc. bought a new position in shares of Universal Health Services in the third quarter valued at $32,000. Quent Capital LLC increased its holdings in shares of Universal Health Services by 118.3% in the fourth quarter. Quent Capital LLC now owns 179 shares of the health services provider’s stock valued at $32,000 after buying an additional 97 shares in the last quarter. True Wealth Design LLC bought a new position in shares of Universal Health Services in the third quarter valued at $39,000. Finally, Huntington National Bank grew its position in Universal Health Services by 414.3% during the 3rd quarter. Huntington National Bank now owns 180 shares of the health services provider’s stock worth $41,000 after purchasing an additional 145 shares in the last quarter. Institutional investors own 86.05% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have weighed in on the stock. Wells Fargo & Company lowered their price objective on shares of Universal Health Services from $285.00 to $230.00 and set an “overweight” rating on the stock in a research report on Monday, November 25th. Cantor Fitzgerald upgraded shares of Universal Health Services from a “neutral” rating to an “overweight” rating in a research report on Monday, February 3rd. StockNews.com cut shares of Universal Health Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 9th. Bank of America assumed coverage on shares of Universal Health Services in a research report on Wednesday, November 6th. They set a “neutral” rating and a $223.00 price objective on the stock. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $226.00 price objective on shares of Universal Health Services in a research report on Tuesday, December 17th. Six investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $226.14.
Insider Buying and Selling
In related news, Director Maria Ruderman Singer sold 1,614 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total value of $308,516.10. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 16.10% of the stock is currently owned by corporate insiders.
Universal Health Services Trading Up 0.1 %
Shares of NYSE:UHS opened at $183.14 on Thursday. The stock has a market capitalization of $12.08 billion, a PE ratio of 12.18, a P/E/G ratio of 0.53 and a beta of 1.30. Universal Health Services, Inc. has a 1 year low of $152.68 and a 1 year high of $243.25. The firm has a fifty day moving average price of $184.47 and a 200 day moving average price of $206.55. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69.
Universal Health Services Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date of this dividend is Monday, March 3rd. Universal Health Services’s dividend payout ratio is presently 5.32%.
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.
Read More
- Five stocks we like better than Universal Health Services
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Nebius Group: NVIDIA’s Investment Sparks All-Time Highs
- About the Markup Calculator
- SoFi Stock Rallying Strong in the Last 5 Days—What’s Driving It?
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Intel Surges on M&A Talks: Rally Beginning or Just a Headfake?
Receive News & Ratings for Universal Health Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Health Services and related companies with MarketBeat.com's FREE daily email newsletter.