Vinva Investment Management Ltd trimmed its holdings in shares of Universal Health Services, Inc. (NYSE:UHS – Free Report) by 37.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,115 shares of the health services provider’s stock after selling 39,191 shares during the period. Vinva Investment Management Ltd owned 0.10% of Universal Health Services worth $12,892,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of UHS. SBI Securities Co. Ltd. increased its stake in shares of Universal Health Services by 320.0% in the third quarter. SBI Securities Co. Ltd. now owns 126 shares of the health services provider’s stock valued at $26,000 after buying an additional 96 shares in the last quarter. Root Financial Partners LLC acquired a new position in Universal Health Services during the 3rd quarter worth about $28,000. CYBER HORNET ETFs LLC acquired a new position in Universal Health Services during the 2nd quarter worth about $29,000. MUFG Securities EMEA plc bought a new stake in Universal Health Services during the 2nd quarter worth about $31,000. Finally, First Horizon Advisors Inc. grew its holdings in Universal Health Services by 347.6% during the 2nd quarter. First Horizon Advisors Inc. now owns 188 shares of the health services provider’s stock worth $34,000 after acquiring an additional 146 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.
Universal Health Services Stock Performance
Universal Health Services stock opened at $192.65 on Friday. The company has a current ratio of 1.05, a quick ratio of 0.98 and a debt-to-equity ratio of 0.55. Universal Health Services, Inc. has a 1 year low of $152.33 and a 1 year high of $246.32. The company has a market cap of $12.04 billion, a PE ratio of 8.32, a PEG ratio of 0.77 and a beta of 1.26. The company’s 50-day moving average is $213.23 and its two-hundred day moving average is $211.67.
Universal Health Services Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Monday, March 2nd. Universal Health Services’s payout ratio is currently 3.46%.
Analysts Set New Price Targets
UHS has been the subject of a number of research analyst reports. Wells Fargo & Company dropped their target price on shares of Universal Health Services from $235.00 to $212.00 and set an “equal weight” rating for the company in a research note on Monday, March 2nd. UBS Group reissued a “buy” rating on shares of Universal Health Services in a research note on Thursday, January 15th. Guggenheim raised their price target on shares of Universal Health Services from $253.00 to $274.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Universal Health Services in a research report on Monday, December 29th. Finally, Wall Street Zen downgraded Universal Health Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 28th. Six research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $232.21.
Get Our Latest Analysis on Universal Health Services
About Universal Health Services
Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.
In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.
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