Penserra Capital Management LLC Purchases 2,035 Shares of Universal Health Services, Inc. (NYSE:UHS)

Penserra Capital Management LLC boosted its holdings in shares of Universal Health Services, Inc. (NYSE:UHS - Free Report) by 1,365.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,184 shares of the health services provider's stock after acquiring an additional 2,035 shares during the period. Penserra Capital Management LLC's holdings in Universal Health Services were worth $410,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Sentry Investment Management LLC bought a new position in Universal Health Services during the 1st quarter valued at approximately $35,000. UMB Bank n.a. raised its position in shares of Universal Health Services by 49.3% in the 1st 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 last quarter. Campbell Capital Management Inc. purchased a new position in shares of Universal Health Services in the 4th quarter worth about $46,000. Huntington National Bank grew its position in 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 purchasing an additional 100 shares during the last quarter. Finally, CX Institutional purchased a new stake in Universal Health Services during the 1st quarter valued at about $74,000. Hedge funds and other institutional investors own 86.05% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Robert W. Baird reiterated a "neutral" rating and issued a $224.00 target price (down previously from $274.00) on shares of Universal Health Services in a research note on Tuesday, April 15th. Baird R W lowered Universal Health Services from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Guggenheim started coverage on Universal Health Services in a report on Wednesday, April 9th. They set a "buy" rating and a $208.00 price target on the stock. Stephens upgraded Universal Health Services to a "hold" rating in a report on Monday, June 2nd. Finally, 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. Nine equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $224.77.

Universal Health Services Stock Performance

Shares of Universal Health Services stock traded down $1.47 on Friday, hitting $182.58. 402,466 shares of the company's stock were exchanged, compared to its average volume of 915,538. Universal Health Services, Inc. has a 1 year low of $153.99 and a 1 year high of $243.25. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.23 and a current ratio of 1.32. The stock has a market capitalization of $11.87 billion, a PE ratio of 10.35, a PEG ratio of 0.75 and a beta of 1.28. The company has a 50-day simple moving average of $183.80 and a 200-day simple moving average of $181.57.

Universal Health Services (NYSE:UHS - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The health services provider reported $4.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.36 by $0.48. The firm had revenue of $4.10 billion during the quarter, compared to analysts' expectations of $4.16 billion. Universal Health Services had a net margin of 7.44% and a return on equity of 17.79%. The company's revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period in the prior year, the company posted $3.70 earnings per share. As a group, equities analysts anticipate that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 2nd were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date of this dividend was Monday, June 2nd. Universal Health Services's dividend payout ratio (DPR) is 4.49%.

Insider Activity

In related news, Director Maria Ruderman Singer sold 1,097 shares of the business's 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 transaction, the director directly owned 7,884 shares of the company's stock, valued at approximately $1,509,628.32. The trade was a 12.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 16.40% of the company's stock.

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.