2,283 Shares in Universal Health Services, Inc. (NYSE:UHS) Bought by MQS Management LLC

MQS Management LLC purchased a new stake in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,283 shares of the health services provider's stock, valued at approximately $429,000.

A number of other hedge funds also recently bought and sold shares of UHS. Atria Investments Inc increased its holdings in Universal Health Services by 9.7% during the 4th quarter. Atria Investments Inc now owns 1,133 shares of the health services provider's stock valued at $203,000 after purchasing an additional 100 shares during the period. Proficio Capital Partners LLC purchased a new position in Universal Health Services during the 4th quarter valued at about $11,303,000. PNC Financial Services Group Inc. increased its holdings in Universal Health Services by 5.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 9,015 shares of the health services provider's stock valued at $1,617,000 after purchasing an additional 497 shares during the period. Daiwa Securities Group Inc. increased its holdings in Universal Health Services by 5.6% during the 4th quarter. Daiwa Securities Group Inc. now owns 7,750 shares of the health services provider's stock valued at $1,391,000 after purchasing an additional 410 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ increased its holdings in Universal Health Services by 39.0% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 40,926 shares of the health services provider's stock valued at $7,300,000 after purchasing an additional 11,488 shares during the period. Hedge funds and other institutional investors own 86.05% of the company's stock.

Universal Health Services Stock Up 0.4%

UHS stock traded up $0.69 during midday trading on Thursday, hitting $170.97. The company's stock had a trading volume of 786,916 shares, compared to its average volume of 785,990. The company has a market cap of $11.11 billion, a PE ratio of 9.59, a P/E/G ratio of 0.69 and a beta of 1.28. Universal Health Services, Inc. has a 12 month low of $153.99 and a 12 month high of $243.25. The company has a current ratio of 1.32, a quick ratio of 1.23 and a debt-to-equity ratio of 0.67. The firm's 50-day moving average is $183.24 and its 200-day moving average is $181.45.

Universal Health Services (NYSE:UHS - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The health services provider reported $4.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.36 by $0.48. The business had revenue of $4.10 billion for the quarter, compared to analysts' expectations of $4.16 billion. Universal Health Services had a return on equity of 17.79% and a net margin of 7.44%. The firm's quarterly revenue was up 6.7% on a year-over-year basis. During the same period in the prior year, the firm posted $3.70 EPS. On average, equities research 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 disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be given a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $0.80 annualized dividend and a yield of 0.47%. Universal Health Services's dividend payout ratio (DPR) is presently 4.49%.

Wall Street Analysts Forecast Growth

UHS has been the topic of several research reports. Guggenheim initiated coverage on Universal Health Services in a research report on Wednesday, April 9th. They set a "buy" rating and a $208.00 price objective on the stock. Bank of America cut Universal Health Services from a "neutral" rating to an "underperform" rating and cut their price objective for the company from $215.00 to $185.00 in a research report on Wednesday. Royal Bank Of Canada cut their price objective on Universal Health Services from $211.00 to $201.00 and set a "sector perform" rating on the stock in a research report on Wednesday, April 30th. Robert W. Baird reaffirmed a "neutral" rating and set a $224.00 price objective (down from $274.00) on shares of Universal Health Services in a research report on Tuesday, April 15th. Finally, Stephens raised Universal Health Services to a "hold" rating in a research report on Monday, June 2nd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $221.85.

Insider Transactions at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,097 shares of the business's stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $191.48, for a total transaction of $210,053.56. Following the completion of the sale, the director directly owned 7,884 shares in the company, valued at approximately $1,509,628.32. The trade was a 12.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 16.40% of the company's stock.

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.