Rhumbline Advisers Acquires 34,762 Shares of Universal Health Services, Inc. (NYSE:UHS)

Rhumbline Advisers grew its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 35.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 133,140 shares of the health services provider's stock after acquiring an additional 34,762 shares during the period. Rhumbline Advisers owned 0.20% of Universal Health Services worth $25,017,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Quent Capital LLC boosted its holdings in 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 purchasing an additional 97 shares in the last quarter. Campbell Capital Management Inc. bought a new stake in shares of Universal Health Services during the 4th quarter worth about $46,000. Huntington National Bank boosted 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 worth $50,000 after acquiring an additional 100 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Universal Health Services by 30.7% during the 4th 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 in the last quarter. Finally, Blue Trust Inc. boosted its stake in shares of Universal Health Services by 43.2% during the 4th quarter. Blue Trust Inc. now owns 461 shares of the health services provider's stock worth $83,000 after acquiring an additional 139 shares in the last quarter. 86.05% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Robert W. Baird reaffirmed a "neutral" rating and set a $224.00 target price (down previously from $274.00) on shares of Universal Health Services in a research report on Tuesday, April 15th. Wells Fargo & Company decreased their price objective 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. Guggenheim began coverage on shares of Universal Health Services in a report on Wednesday, April 9th. They set a "buy" rating and a $208.00 price target for the company. Royal Bank of Canada decreased their price target on shares of Universal Health Services from $211.00 to $201.00 and set a "sector perform" rating for the company in a report on Wednesday, April 30th. Finally, Morgan Stanley initiated coverage on shares of Universal Health Services in a report on Wednesday, March 26th. They set an "equal weight" rating and a $200.00 price target for the company. Nine analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $224.77.

Insider Transactions at Universal Health Services

In related news, Director Maria Ruderman Singer sold 1,097 shares of the firm'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 transaction of $210,053.56. Following the completion of the transaction, the director now owns 7,884 shares in the company, valued at $1,509,628.32. This trade represents a 12.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 16.40% of the stock is owned by insiders.

Universal Health Services Price Performance

Shares of UHS stock opened at $189.13 on Friday. The stock has a 50 day moving average of $182.04 and a two-hundred day moving average of $184.03. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. Universal Health Services, Inc. has a 12 month low of $153.99 and a 12 month high of $243.25. The company has a market capitalization of $12.29 billion, a P/E ratio of 12.58, a P/E/G ratio of 0.53 and a beta of 1.31.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its earnings results on Monday, April 28th. The health services provider reported $4.84 EPS for the quarter, topping the consensus estimate 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 return on equity of 15.75% and a net margin of 6.66%. Universal Health Services's quarterly revenue was up 6.7% compared to the same quarter last year. During the same period last year, the business earned $3.70 earnings per share. As a group, equities analysts expect that Universal Health Services, Inc. will post 15.92 EPS for the current year.

Universal Health Services Announces Dividend

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 issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date of this dividend is Monday, June 2nd. Universal Health Services's payout ratio 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.

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