Canada Pension Plan Investment Board Has $20.38 Million Stock Holdings in Universal Health Services, Inc. (NYSE:UHS)

Canada Pension Plan Investment Board lowered its holdings in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 9.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 113,600 shares of the health services provider's stock after selling 12,300 shares during the period. Canada Pension Plan Investment Board owned about 0.17% of Universal Health Services worth $20,382,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bridgewater Associates LP lifted its stake in Universal Health Services by 119.1% in the 4th quarter. Bridgewater Associates LP now owns 322,163 shares of the health services provider's stock valued at $57,802,000 after buying an additional 175,131 shares in the last quarter. Ontario Teachers Pension Plan Board grew its stake in shares of Universal Health Services by 37.2% during the 4th quarter. Ontario Teachers Pension Plan Board now owns 13,252 shares of the health services provider's stock valued at $2,378,000 after buying an additional 3,591 shares during the period. Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in Universal Health Services during the fourth quarter worth about $28,427,000. Canada Post Corp Registered Pension Plan acquired a new position in Universal Health Services during the fourth quarter valued at approximately $96,000. Finally, Belpointe Asset Management LLC purchased a new stake in Universal Health Services during the 4th quarter worth $279,000. Hedge funds and other institutional investors own 86.05% of the company's stock.

Insider Buying and Selling

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of the business's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $179.16, for a total transaction of $179,160.00. Following the sale, the director now owns 7,916 shares in the company, valued at approximately $1,418,230.56. The trade was a 11.22 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 16.40% of the stock is currently owned by insiders.

Universal Health Services Price Performance

Universal Health Services stock traded down $2.25 during trading hours on Friday, hitting $171.75. 420,409 shares of the company traded hands, compared to its average volume of 746,660. The firm's 50-day simple moving average is $177.33 and its two-hundred day simple moving average is $189.75. The firm has a market cap of $11.16 billion, a P/E ratio of 11.42, a P/E/G ratio of 0.53 and a beta of 1.21. Universal Health Services, Inc. has a 1-year low of $153.99 and a 1-year 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 announced its earnings results on Wednesday, February 26th. The health services provider reported $4.92 EPS for the quarter, topping the consensus estimate of $4.21 by $0.71. Universal Health Services had a return on equity of 15.75% and a net margin of 6.66%. The firm had revenue of $4.11 billion for the quarter, compared to analysts' expectations of $4.01 billion. As a group, analysts forecast that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.47%. The ex-dividend date of this dividend was Monday, March 3rd. Universal Health Services's dividend payout ratio is presently 4.75%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on UHS shares. Guggenheim assumed coverage on Universal Health Services in a research report on Wednesday, April 9th. They set a "buy" rating and a $208.00 price target on the stock. Wells Fargo & Company dropped their price target on shares of Universal Health Services from $230.00 to $225.00 and set an "overweight" rating on the stock in a research note on Monday, March 10th. 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 objective for the company. Cantor Fitzgerald raised shares of Universal Health Services from a "neutral" rating to an "overweight" rating in a report on Monday, February 3rd. Finally, Baird R W lowered Universal Health Services from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 15th. Nine investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $224.92.

Universal Health Services Company 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.