Alyeska Investment Group L.P. Cuts Stock Holdings in Universal Health Services, Inc. (NYSE:UHS)

Alyeska Investment Group L.P. trimmed its position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 93.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,679 shares of the health services provider's stock after selling 104,466 shares during the quarter. Alyeska Investment Group L.P.'s holdings in Universal Health Services were worth $1,378,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Freestone Grove Partners LP acquired a new stake in Universal Health Services in the 4th quarter worth about $41,155,000. Comerica Bank raised its stake in shares of Universal Health Services by 5.9% during the fourth quarter. Comerica Bank now owns 23,581 shares of the health services provider's stock valued at $4,231,000 after purchasing an additional 1,311 shares during the period. AQR Capital Management LLC grew its stake in shares of Universal Health Services by 59.4% during the fourth quarter. AQR Capital Management LLC now owns 590,389 shares of the health services provider's stock valued at $105,928,000 after acquiring an additional 219,942 shares in the last quarter. Perbak Capital Partners LLP increased its holdings in Universal Health Services by 53.4% during the 4th quarter. Perbak Capital Partners LLP now owns 12,176 shares of the health services provider's stock worth $2,185,000 after purchasing an additional 4,239 shares during the last quarter. Finally, Lido Advisors LLC grew its stake in Universal Health Services by 29.9% in the fourth quarter. Lido Advisors LLC now owns 2,520 shares of the health services provider's stock worth $452,000 after purchasing an additional 580 shares in the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UHS has been the subject of a number of analyst reports. Royal Bank of Canada reduced their target price on shares of Universal Health Services from $211.00 to $201.00 and set a "sector perform" rating for the company in a research note on Wednesday, April 30th. Wells Fargo & Company decreased 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 report on Monday, March 10th. Cantor Fitzgerald upgraded Universal Health Services from a "neutral" rating to an "overweight" rating in a report on Monday, February 3rd. Morgan Stanley assumed coverage on shares of Universal Health Services in a research report on Wednesday, March 26th. They issued an "equal weight" rating and a $200.00 price target on the stock. Finally, Stephens upped their price objective on Universal Health Services from $210.00 to $223.00 and gave the company an "equal weight" rating in a research note on Friday, February 28th. Nine equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Universal Health Services has a consensus rating of "Hold" and a consensus price target of $224.77.

Universal Health Services Stock Performance

Universal Health Services stock traded down $2.04 during midday trading on Friday, reaching $181.73. The stock had a trading volume of 828,395 shares, compared to its average volume of 751,991. The firm has a market capitalization of $11.81 billion, a PE ratio of 12.08, a P/E/G ratio of 0.53 and a beta of 1.29. The firm's 50-day moving average price is $176.82 and its 200 day moving average price is $186.24. Universal Health Services, Inc. has a 12 month low of $153.99 and a 12 month high of $243.25. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 0.69.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The health services provider reported $4.84 EPS for the quarter, topping the consensus estimate of $4.36 by $0.48. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The company had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.16 billion. During the same quarter in the previous year, the firm earned $3.70 earnings per share. Universal Health Services's revenue was up 6.7% on a year-over-year basis. As a group, research analysts predict that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $0.20 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.44%. Universal Health Services's payout ratio is 4.49%.

Insider Activity at Universal Health Services

In other news, Director Maria Ruderman Singer sold 1,000 shares of the business's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $179.16, for a total value of $179,160.00. Following the sale, the director now directly owns 7,916 shares in the company, valued at $1,418,230.56. The trade was a 11.22 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 16.40% of the stock is owned by insiders.

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.