Neo Ivy Capital Management Takes $359,000 Position in Universal Health Services, Inc. (NYSE:UHS)

Neo Ivy Capital Management acquired a new position in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,001 shares of the health services provider's stock, valued at approximately $359,000.

Several other institutional investors and hedge funds also recently made changes to their positions in UHS. R Squared Ltd bought a new position in shares of Universal Health Services during the 4th quarter worth about $29,000. Quent Capital LLC raised its stake in shares of Universal Health Services by 118.3% in the fourth quarter. Quent Capital LLC now owns 179 shares of the health services provider's stock worth $32,000 after acquiring an additional 97 shares during the last quarter. Campbell Capital Management Inc. bought a new position in shares of Universal Health Services in the fourth quarter worth about $46,000. Huntington National Bank raised its stake in shares of Universal Health Services by 55.6% in the fourth 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 last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of Universal Health Services by 30.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 455 shares of the health services provider's stock worth $81,000 after acquiring an additional 107 shares during the last quarter. Institutional investors own 86.05% of the company's stock.

Insider Activity

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,000 shares of the company's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $179.16, for a total value of $179,160.00. Following the completion of the transaction, the director now directly owns 7,916 shares in the company, valued at approximately $1,418,230.56. This represents a 11.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 16.40% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Robert W. Baird reissued a "neutral" rating and set a $224.00 price target (down from $274.00) on shares of Universal Health Services in a research note on Tuesday, April 15th. Barclays upped their target price on shares of Universal Health Services from $249.00 to $257.00 and gave the company an "overweight" rating in a research note on Tuesday, April 29th. Cantor Fitzgerald upgraded shares of Universal Health Services from a "neutral" rating to an "overweight" rating in a report on Monday, February 3rd. Stephens upped their price target on shares of Universal Health Services from $210.00 to $223.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. Finally, Wells Fargo & Company reduced their target price 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. Nine equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Universal Health Services has an average rating of "Hold" and an average price target of $224.77.

Universal Health Services Price Performance

NYSE:UHS traded up $6.25 during mid-day trading on Tuesday, hitting $192.46. 926,174 shares of the stock traded hands, compared to its average volume of 754,975. The business's 50-day moving average price is $181.01 and its 200 day moving average price is $184.50. The company has a market cap of $12.51 billion, a PE ratio of 12.80, a price-to-earnings-growth ratio of 0.53 and a beta of 1.29. 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 released its quarterly earnings results on Monday, April 28th. The health services provider reported $4.84 EPS for the quarter, topping analysts' consensus estimates of $4.36 by $0.48. Universal Health Services had a net margin of 6.66% and a return on equity of 15.75%. The business had revenue of $4.10 billion during the quarter, compared to analysts' expectations of $4.16 billion. During the same quarter in the previous year, the company earned $3.70 EPS. The business's quarterly revenue was up 6.7% compared to the same quarter last year. On average, analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current fiscal year.

Universal Health Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be paid a $0.20 dividend. The ex-dividend date is Monday, June 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.42%. Universal Health Services's dividend payout ratio (DPR) is 4.49%.

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.