Pzena Investment Management LLC Sells 11,675 Shares of Universal Health Services, Inc. (NYSE:UHS)

Pzena Investment Management LLC lessened its holdings in shares of Universal Health Services, Inc. (NYSE:UHS) by 2.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 394,274 shares of the health services provider’s stock after selling 11,675 shares during the period. Pzena Investment Management LLC owned 0.60% of Universal Health Services worth $70,741,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in UHS. State Street Corp lifted its stake in shares of Universal Health Services by 0.6% during the third quarter. State Street Corp now owns 2,724,075 shares of the health services provider’s stock valued at $623,840,000 after acquiring an additional 17,527 shares during the period. Geode Capital Management LLC lifted its stake in shares of 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 valued at $379,403,000 after acquiring an additional 63,754 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Universal Health Services by 0.9% during the third 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. Charles Schwab Investment Management Inc. lifted its stake in shares of Universal Health Services by 1.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 603,705 shares of the health services provider’s stock valued at $138,254,000 after acquiring an additional 11,353 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Universal Health Services by 2.1% during the fourth quarter. Bank of New York Mellon Corp now owns 487,904 shares of the health services provider’s stock valued at $87,540,000 after acquiring an additional 10,250 shares during the period. Institutional investors own 86.05% of the company’s stock.

Universal Health Services Trading Up 1.0 %

NYSE UHS opened at $174.34 on Tuesday. The firm has a market cap of $11.50 billion, a P/E ratio of 11.59, a P/E/G ratio of 0.53 and a beta of 1.32. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. The stock’s 50-day moving average is $183.77 and its 200-day moving average is $202.59. Universal Health Services, Inc. has a one year low of $152.68 and a one year high of $243.25.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Wednesday, February 26th. The health services provider reported $4.92 EPS for the quarter, topping analysts’ consensus estimates of $4.21 by $0.71. The company had revenue of $4.11 billion for the quarter, compared to analyst estimates of $4.01 billion. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. Sell-side analysts anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The company 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 dividend of $0.20 per share. The ex-dividend date is Monday, March 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.46%. Universal Health Services’s payout ratio is presently 4.75%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on UHS. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $226.00 price target on shares of Universal Health Services in a research note on Tuesday, December 17th. Wells Fargo & Company cut their price target on Universal Health Services from $230.00 to $225.00 and set an “overweight” rating on the stock in a research note on Monday. Barclays cut their price target on Universal Health Services from $271.00 to $249.00 and set an “overweight” rating on the stock in a research note on Thursday, February 27th. Cantor Fitzgerald raised Universal Health Services from a “neutral” rating to an “overweight” rating in a research note on Monday, February 3rd. Finally, The Goldman Sachs Group lowered Universal Health Services from a “buy” rating to a “neutral” rating and cut their target price for the company from $228.00 to $198.00 in a research note on Monday, December 16th. Six research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Universal Health Services presently has an average rating of “Moderate Buy” and a consensus price target of $230.75.

Insider Buying and Selling

In related news, Director Maria Ruderman Singer sold 1,614 shares of the stock in a transaction dated 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 trade represents a 21.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 16.10% of the stock is owned by corporate insiders.

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.