Arbejdsmarkedets Tillaegspension Invests $22.50 Million in Universal Health Services, Inc. $UHS

Arbejdsmarkedets Tillaegspension purchased a new position in Universal Health Services, Inc. (NYSE:UHS) during the fourth quarter, HoldingsChannel reports. The firm purchased 103,213 shares of the health services provider’s stock, valued at approximately $22,502,000.

Several other institutional investors have also recently made changes to their positions in UHS. American Century Companies Inc. increased its holdings in Universal Health Services by 22.1% in the 3rd quarter. American Century Companies Inc. now owns 781,145 shares of the health services provider’s stock worth $159,698,000 after acquiring an additional 141,621 shares in the last quarter. Rakuten Investment Management Inc. bought a new stake in shares of Universal Health Services during the third quarter worth $1,359,000. First Citizens Bank & Trust Co. lifted its position in shares of Universal Health Services by 36.0% during the third quarter. First Citizens Bank & Trust Co. now owns 54,960 shares of the health services provider’s stock worth $11,236,000 after purchasing an additional 14,536 shares during the last quarter. AMG National Trust Bank purchased a new position in shares of Universal Health Services during the third quarter valued at $1,912,000. Finally, Envestnet Portfolio Solutions Inc. increased its stake in shares of Universal Health Services by 41.3% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 45,943 shares of the health services provider’s stock valued at $9,393,000 after buying an additional 13,417 shares during the period. Institutional investors own 86.05% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on UHS. Guggenheim lowered their price target on Universal Health Services from $238.00 to $211.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Raymond James Financial cut Universal Health Services from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 29th. TD Cowen lowered their price target on Universal Health Services from $245.00 to $230.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Wells Fargo & Company lowered their price target on Universal Health Services from $235.00 to $212.00 and set an “equal weight” rating for the company in a report on Monday, March 2nd. Finally, Cantor Fitzgerald dropped their price objective on Universal Health Services from $229.00 to $194.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. Six research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Universal Health Services presently has a consensus rating of “Hold” and a consensus price target of $220.94.

Universal Health Services Price Performance

UHS stock opened at $168.39 on Friday. Universal Health Services, Inc. has a 12-month low of $152.33 and a 12-month high of $246.32. The stock has a 50-day moving average price of $180.49 and a two-hundred day moving average price of $206.64. The company has a current ratio of 1.08, a quick ratio of 1.01 and a debt-to-equity ratio of 0.52. The company has a market cap of $10.19 billion, a PE ratio of 7.02, a price-to-earnings-growth ratio of 0.81 and a beta of 1.13.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Tuesday, April 28th. The health services provider reported $5.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.41 by $0.21. The firm had revenue of $4.50 billion for the quarter, compared to analysts’ expectations of $4.39 billion. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.Universal Health Services’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.84 earnings per share. As a group, research analysts predict that Universal Health Services, Inc. will post 23.33 EPS for the current year.

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.