Assenagon Asset Management S.A. Has $20.64 Million Holdings in Universal Health Services, Inc. (NYSE:UHS)

Assenagon Asset Management S.A. lifted its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 1,477.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 109,859 shares of the health services provider's stock after purchasing an additional 102,895 shares during the period. Assenagon Asset Management S.A. owned 0.17% of Universal Health Services worth $20,643,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quent Capital LLC grew its position in Universal Health Services by 118.3% in the 4th quarter. Quent Capital LLC now owns 179 shares of the health services provider's stock worth $32,000 after purchasing an additional 97 shares during the last quarter. Sentry Investment Management LLC bought a new stake in shares of Universal Health Services in the first quarter valued at about $35,000. UMB Bank n.a. grew its position in Universal Health Services by 49.3% during the first quarter. UMB Bank n.a. now owns 203 shares of the health services provider's stock worth $38,000 after buying an additional 67 shares in the last quarter. Campbell Capital Management Inc. acquired a new position in Universal Health Services in the 4th quarter valued at approximately $46,000. Finally, Huntington National Bank lifted its position in shares of Universal Health Services by 55.6% in the 4th quarter. Huntington National Bank now owns 280 shares of the health services provider's stock worth $50,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 86.05% of the company's stock.

Insider Buying and Selling at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,097 shares of the company's stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $191.48, for a total transaction of $210,053.56. Following the transaction, the director now directly owns 7,884 shares in the company, valued at approximately $1,509,628.32. This represents a 12.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 16.40% of the company's stock.

Wall Street Analyst Weigh In

UHS has been the subject of a number of recent research reports. Stephens upgraded Universal Health Services to a "hold" rating in a research note on Monday, June 2nd. Baird R W cut shares of Universal Health Services from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Guggenheim initiated coverage on shares of Universal Health Services in a report on Wednesday, April 9th. They set a "buy" rating and a $208.00 price objective for the company. Wells Fargo & Company decreased their target price on shares of Universal Health Services from $230.00 to $225.00 and set an "overweight" rating on the stock in a research report on Monday, March 10th. Finally, Robert W. Baird reissued a "neutral" rating and issued a $224.00 price target (down previously from $274.00) on shares of Universal Health Services in a research report on Tuesday, April 15th. Nine equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $224.77.

Universal Health Services Price Performance

Shares of NYSE UHS traded down $2.71 during mid-day trading on Friday, hitting $170.95. 667,812 shares of the stock were exchanged, compared to its average volume of 760,096. The stock's fifty day simple moving average is $181.52 and its two-hundred day simple moving average is $183.31. Universal Health Services, Inc. has a twelve month low of $153.99 and a twelve month high of $243.25. The company has a market cap of $11.11 billion, a P/E ratio of 11.37, a PEG ratio of 0.53 and a beta of 1.31. 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 - Get Free Report) last announced its earnings results 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 for the quarter, compared to analysts' expectations of $4.16 billion. During the same quarter in the prior year, the business earned $3.70 earnings per share. The business's revenue for the quarter was up 6.7% on a year-over-year basis. As a group, analysts forecast that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.47%. The ex-dividend date is Monday, June 2nd. Universal Health Services's dividend payout ratio is 4.49%.

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.