Universal Health Services, Inc. (NYSE:UHS) Shares Bought by Point72 Asia Singapore Pte. Ltd.

Point72 Asia Singapore Pte. Ltd. boosted its position in shares of Universal Health Services, Inc. (NYSE:UHS) by 18.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 636 shares of the health services provider’s stock after acquiring an additional 98 shares during the quarter. Point72 Asia Singapore Pte. Ltd.’s holdings in Universal Health Services were worth $114,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. R Squared Ltd acquired a new position in shares of Universal Health Services in the 4th quarter valued at about $29,000. Quent Capital LLC increased its stake in Universal Health Services by 118.3% during the 4th quarter. Quent Capital LLC now owns 179 shares of the health services provider’s stock worth $32,000 after buying an additional 97 shares in the last quarter. Campbell Capital Management Inc. purchased a new stake in Universal Health Services during the 4th quarter worth approximately $46,000. Huntington National Bank increased its stake in Universal Health Services by 55.6% during the 4th quarter. Huntington National Bank now owns 280 shares of the health services provider’s stock worth $50,000 after buying an additional 100 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Universal Health Services by 30.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 455 shares of the health services provider’s stock worth $81,000 after purchasing an additional 107 shares during the last quarter. Institutional investors and hedge funds own 86.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on UHS. Wells Fargo & Company lowered their target price on Universal Health Services from $230.00 to $225.00 and set an “overweight” rating on the stock in a report on Monday, March 10th. Royal Bank of Canada decreased their price target on Universal Health Services from $211.00 to $201.00 and set a “sector perform” rating on the stock in a research note on Wednesday, April 30th. Baird R W lowered Universal Health Services from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 15th. Barclays upped their price objective on Universal Health Services from $249.00 to $257.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 29th. Finally, Robert W. Baird reissued a “neutral” rating and issued a $224.00 target price (down previously from $274.00) on shares of Universal Health Services in a report on Tuesday, April 15th. Nine investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, Universal Health Services currently has a consensus rating of “Hold” and an average target price of $224.77.

Universal Health Services Stock Performance

NYSE UHS opened at $198.10 on Friday. Universal Health Services, Inc. has a 1 year low of $153.99 and a 1 year high of $243.25. The company has a market capitalization of $12.88 billion, a PE ratio of 13.17, a P/E/G ratio of 0.53 and a beta of 1.29. The company has a fifty day moving average of $178.70 and a two-hundred day moving average of $185.36. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28.

Universal Health Services (NYSE:UHS) last announced its earnings results on Monday, April 28th. The health services provider reported $4.84 earnings per share for the quarter, topping the consensus estimate of $4.36 by $0.48. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The business had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.16 billion. During the same quarter in the prior year, the firm earned $3.70 earnings per share. The business’s quarterly revenue was up 6.7% compared to the same quarter last year. As a group, analysts expect that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be given a $0.20 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 0.40%. Universal Health Services’s payout ratio is currently 4.49%.

Insider Activity at Universal Health Services

In related news, Director Maria Ruderman Singer sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $179.16, for a total value of $179,160.00. Following the sale, the director now owns 7,916 shares in the company, valued at $1,418,230.56. This represents a 11.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 16.40% of the stock is owned by insiders.

Universal Health Services 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.