Sivik Global Healthcare LLC Trims Position in Universal Health Services, Inc. (NYSE:UHS)

Sivik Global Healthcare LLC cut its holdings in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 13.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,500 shares of the health services provider's stock after selling 5,000 shares during the quarter. Universal Health Services comprises approximately 3.3% of Sivik Global Healthcare LLC's portfolio, making the stock its 14th largest holding. Sivik Global Healthcare LLC's holdings in Universal Health Services were worth $6,107,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Compass Ion Advisors LLC acquired a new position in shares of Universal Health Services during the first quarter worth about $204,000. Envestnet Portfolio Solutions Inc. increased its stake in shares of Universal Health Services by 647.2% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 23,501 shares of the health services provider's stock worth $4,416,000 after acquiring an additional 20,356 shares during the period. State of Alaska Department of Revenue increased its stake in shares of Universal Health Services by 0.8% during the first quarter. State of Alaska Department of Revenue now owns 21,876 shares of the health services provider's stock worth $4,110,000 after acquiring an additional 180 shares during the period. CWA Asset Management Group LLC increased its stake in shares of Universal Health Services by 15.2% during the first quarter. CWA Asset Management Group LLC now owns 1,391 shares of the health services provider's stock worth $261,000 after acquiring an additional 184 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in shares of Universal Health Services by 15.2% during the first quarter. Janney Montgomery Scott LLC now owns 10,730 shares of the health services provider's stock worth $2,016,000 after acquiring an additional 1,415 shares during the period. 86.05% of the stock is currently owned by institutional investors and hedge funds.

Universal Health Services Price Performance

Shares of NYSE UHS traded up $0.54 on Friday, hitting $171.78. The company's stock had a trading volume of 1,572,510 shares, compared to its average volume of 775,870. 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 $11.17 billion, a price-to-earnings ratio of 9.64, a price-to-earnings-growth ratio of 0.70 and a beta of 1.31. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.32 and a quick ratio of 1.23. The stock has a 50 day moving average of $180.76 and a 200-day moving average of $181.79.

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

Universal Health Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.47%. The ex-dividend date was Monday, June 2nd. Universal Health Services's dividend payout ratio (DPR) is presently 4.49%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on UHS shares. Barclays boosted their price target on shares of Universal Health Services from $249.00 to $257.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 29th. Robert W. Baird reissued a "neutral" rating and set a $224.00 price objective (down previously from $274.00) on shares of Universal Health Services in a 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 on the stock 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 objective on the stock. Finally, Royal Bank Of Canada decreased their price objective on shares of Universal Health Services from $211.00 to $201.00 and set a "sector perform" rating on the stock in a report on Wednesday, April 30th. Nine 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 an average target price of $224.77.

Insider Buying and Selling at Universal Health Services

In related news, Director Maria Ruderman Singer sold 1,097 shares of the company's 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 transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 16.40% of the company's stock.

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.