Neo Ivy Capital Management Makes New Investment in Universal Health Services, Inc. (NYSE:UHS)

Neo Ivy Capital Management bought a new position in Universal Health Services, Inc. (NYSE:UHS - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,001 shares of the health services provider's stock, valued at approximately $359,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UHS. R Squared Ltd purchased a new stake in shares of Universal Health Services during the 4th quarter valued at about $29,000. Quent Capital LLC increased its holdings in Universal Health Services by 118.3% during the fourth quarter. Quent Capital LLC now owns 179 shares of the health services provider's stock valued at $32,000 after buying an additional 97 shares during the last quarter. Campbell Capital Management Inc. purchased a new stake in Universal Health Services during the fourth quarter valued at approximately $46,000. Huntington National Bank grew its stake in shares of Universal Health Services by 55.6% during the 4th quarter. Huntington National Bank now owns 280 shares of the health services provider's stock valued at $50,000 after acquiring an additional 100 shares during the period. Finally, Smartleaf Asset Management LLC lifted its holdings in Universal Health Services by 30.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 455 shares of the health services provider's stock valued at $81,000 after purchasing an additional 107 shares in the last quarter. Hedge funds and other institutional investors own 86.05% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on UHS shares. Guggenheim assumed coverage on Universal Health Services in a research note on Wednesday, April 9th. They issued a "buy" rating and a $208.00 price objective for the company. Wells Fargo & Company lowered their price target on Universal Health Services from $230.00 to $225.00 and set an "overweight" rating for the company in a research report on Monday, March 10th. Stephens increased their price target on Universal Health Services from $210.00 to $223.00 and gave the stock an "equal weight" rating in a research report on Friday, February 28th. Barclays boosted 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. Finally, Cantor Fitzgerald upgraded Universal Health Services from a "neutral" rating to an "overweight" rating in a research report on Monday, February 3rd. 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, the company currently has a consensus rating of "Hold" and an average price target of $224.77.

Insider Buying and Selling

In related news, Director Maria Ruderman Singer sold 1,097 shares of the stock in a transaction that occurred 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 now owns 7,884 shares of the company's stock, 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 Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 16.40% of the company's stock.

Universal Health Services Trading Up 0.4%

Shares of NYSE:UHS traded up $0.74 during trading on Thursday, reaching $191.13. The stock had a trading volume of 122,469 shares, compared to its average volume of 753,404. Universal Health Services, Inc. has a fifty-two week low of $153.99 and a fifty-two week high of $243.25. The business has a fifty day moving average price of $181.59 and a 200-day moving average price of $184.59. The stock has a market cap of $12.42 billion, a P/E ratio of 12.70, a PEG ratio of 0.53 and a beta of 1.29. 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 posted its quarterly earnings data on Monday, April 28th. The health services provider reported $4.84 earnings per share (EPS) for the quarter, topping 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 15.75% and a net margin of 6.66%. The business's revenue was up 6.7% on a year-over-year basis. During the same quarter last year, the firm earned $3.70 earnings per share. As a group, analysts anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Universal Health Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.80 annualized dividend and a dividend yield of 0.42%. Universal Health Services's payout ratio is currently 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.