Integrated Quantitative Investments LLC Invests $368,000 in Universal Health Services, Inc. (NYSE:UHS)

Integrated Quantitative Investments LLC acquired a new stake in Universal Health Services, Inc. (NYSE:UHS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,050 shares of the health services provider’s stock, valued at approximately $368,000.

Other large investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Universal Health Services in the 4th quarter valued at approximately $67,964,000. Amundi raised its position in Universal Health Services by 189.5% in the fourth quarter. Amundi now owns 360,070 shares of the health services provider’s stock valued at $68,532,000 after purchasing an additional 235,689 shares during the period. Raymond James Financial Inc. acquired a new position in Universal Health Services during the fourth quarter worth $29,301,000. Teacher Retirement System of Texas boosted its position in shares of Universal Health Services by 57.1% during the fourth quarter. Teacher Retirement System of Texas now owns 287,278 shares of the health services provider’s stock worth $51,543,000 after buying an additional 104,455 shares during the period. Finally, AustralianSuper Pty Ltd acquired a new stake in shares of Universal Health Services in the fourth quarter valued at $18,709,000. Institutional investors and hedge funds own 86.05% of the company’s stock.

Insiders Place Their Bets

In other news, Director Maria Ruderman Singer sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $179.16, for a total transaction of $179,160.00. Following the transaction, the director now directly owns 7,916 shares in the company, valued at approximately $1,418,230.56. This trade represents a 11.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 16.10% of the company’s stock.

Universal Health Services Price Performance

Shares of NYSE UHS opened at $174.69 on Friday. The stock’s 50-day simple moving average is $181.75 and its 200-day simple moving average is $195.82. The firm has a market capitalization of $11.36 billion, a PE ratio of 11.62, a price-to-earnings-growth ratio of 0.53 and a beta of 1.21. Universal Health Services, Inc. has a fifty-two week low of $152.69 and a fifty-two week high of $243.25. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.39.

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

Universal Health Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.80 annualized dividend and a yield of 0.46%. Universal Health Services’s dividend payout ratio is presently 4.75%.

Analyst Ratings Changes

A number of brokerages recently commented on UHS. Morgan Stanley assumed coverage on Universal Health Services in a report on Wednesday, March 26th. They set an “equal weight” rating and a $200.00 target price for the company. Cantor Fitzgerald upgraded shares of Universal Health Services from a “neutral” rating to an “overweight” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $226.00 target price on shares of Universal Health Services in a report on Tuesday, December 17th. Wells Fargo & Company dropped their price target on shares of Universal Health Services from $230.00 to $225.00 and set an “overweight” rating for the company in a research note on Monday, March 10th. Finally, The Goldman Sachs Group cut Universal Health Services from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $228.00 to $198.00 in a research note on Monday, December 16th. Seven research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $228.38.

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.