Oxbow Advisors LLC Buys New Shares in Universal Health Services, Inc. (NYSE:UHS)

Oxbow Advisors LLC bought a new stake in Universal Health Services, Inc. (NYSE:UHS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,555 shares of the health services provider’s stock, valued at approximately $2,253,000.

Several other hedge funds have also recently made changes to their positions in UHS. Los Angeles Capital Management LLC increased its position in shares of Universal Health Services by 102.0% in the 3rd quarter. Los Angeles Capital Management LLC now owns 210,926 shares of the health services provider’s stock valued at $48,304,000 after acquiring an additional 106,517 shares during the period. AustralianSuper Pty Ltd acquired a new stake in Universal Health Services during the 4th quarter worth about $18,709,000. Mizuho Securities USA LLC grew its position in Universal Health Services by 2,101.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 101,188 shares of the health services provider’s stock worth $23,173,000 after purchasing an additional 96,591 shares during the period. World Investment Advisors LLC acquired a new stake in Universal Health Services during the 3rd quarter worth about $21,557,000. Finally, Worldquant Millennium Advisors LLC grew its position in Universal Health Services by 70.8% during the 3rd quarter. Worldquant Millennium Advisors LLC now owns 214,379 shares of the health services provider’s stock worth $49,095,000 after purchasing an additional 88,872 shares during the period. 86.05% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on UHS shares. The Goldman Sachs Group downgraded Universal Health Services from a “buy” rating to a “neutral” rating and cut their price target for the stock from $228.00 to $198.00 in a research report on Monday, December 16th. Wells Fargo & Company cut their price target on 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. Royal Bank of Canada cut their price target on Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating on the stock in a research report on Monday, October 28th. JPMorgan Chase & Co. reaffirmed 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, TD Cowen dropped their target price on 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. Six equities research 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’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $226.14.

Insider Activity at Universal Health Services

In related news, Director Maria Ruderman Singer sold 1,614 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total value of $308,516.10. Following the transaction, the director now directly owns 5,879 shares of the company’s stock, valued at approximately $1,123,770.85. This trade represents a 21.54 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 16.10% of the stock is currently owned by corporate insiders.

Universal Health Services Trading Down 2.3 %

Shares of Universal Health Services stock opened at $179.93 on Friday. The firm has a market capitalization of $11.87 billion, a PE ratio of 11.96, a P/E/G ratio of 0.53 and a beta of 1.30. Universal Health Services, Inc. has a twelve month low of $152.68 and a twelve month high of $243.25. The firm’s 50-day moving average price is $184.27 and its 200 day moving average price is $206.17. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date is Monday, March 3rd. Universal Health Services’s dividend payout ratio is presently 5.32%.

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.