Pacer Advisors Inc. Has $573,000 Holdings in Universal Health Services, Inc. (NYSE:UHS)

Pacer Advisors Inc. cut its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 56.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,047 shares of the health services provider's stock after selling 4,014 shares during the period. Pacer Advisors Inc.'s holdings in Universal Health Services were worth $573,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Sentry Investment Management LLC bought a new stake in shares of Universal Health Services during the 1st quarter worth about $35,000. UMB Bank n.a. boosted 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 purchasing an additional 67 shares during the period. Huntington National Bank grew its holdings in Universal Health Services by 55.6% during the fourth quarter. Huntington National Bank now owns 280 shares of the health services provider's stock valued at $50,000 after purchasing an additional 100 shares during the last quarter. CX Institutional bought a new position in shares of Universal Health Services in the first quarter valued at approximately $74,000. Finally, Canada Post Corp Registered Pension Plan bought a new position in shares of Universal Health Services in the fourth quarter valued at approximately $96,000. 86.05% of the stock is owned by institutional investors and hedge funds.

Universal Health Services Stock Up 0.6%

Shares of UHS stock opened at $166.47 on Friday. Universal Health Services, Inc. has a one year low of $152.33 and a one year high of $243.25. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.29 and a quick ratio of 1.23. The stock has a fifty day moving average price of $177.42 and a 200 day moving average price of $180.01. The stock has a market cap of $10.82 billion, a P/E ratio of 8.77, a price-to-earnings-growth ratio of 0.68 and a beta of 1.28.

Universal Health Services (NYSE:UHS - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The health services provider reported $5.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.85 by $0.50. Universal Health Services had a net margin of 7.66% and a return on equity of 18.22%. The company had revenue of $4.28 billion during the quarter, compared to analysts' expectations of $4.24 billion. During the same quarter in the prior year, the company posted $4.31 EPS. The business's revenue was up 9.6% on a year-over-year basis. Analysts predict that Universal Health Services, Inc. will post 15.92 earnings per share for the current year.

Universal Health Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Tuesday, September 2nd. Universal Health Services's dividend payout ratio is currently 4.21%.

Insider Buying and Selling at Universal Health Services

In other news, Director Maria Ruderman Singer sold 1,097 shares of the stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $191.48, for a total value of $210,053.56. Following the completion of the transaction, the director directly owned 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 16.40% of the company's stock.

Wall Street Analysts Forecast Growth

UHS has been the topic of a number of research analyst reports. Guggenheim assumed coverage on shares of Universal Health Services in a research note on Wednesday, April 9th. They issued a "buy" rating and a $208.00 target price on the stock. Royal Bank Of Canada dropped 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 note on Wednesday, April 30th. Stephens raised Universal Health Services to a "hold" rating in a research report on Monday, June 2nd. Bank of America lowered Universal Health Services from a "neutral" rating to an "underperform" rating and lowered their target price for the company from $215.00 to $185.00 in a report on Wednesday, July 16th. Finally, Robert W. Baird reaffirmed a "neutral" rating and issued a $224.00 price target (down from $274.00) on shares of Universal Health Services in a research report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $218.92.

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.

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